Now playing Next United Kingdom UK interest rate hike is 1st in a top economy amid pandemic The Bank of England raised interest rates in the United Kingdom to combat surging consumer prices, becoming the first central bank among the world’s leading economies to do so since the COVID-19 pandemic began. 16/12/2021
Now playing Next Money The jury is still out on 'Britcoin,' says Bank of England chief The Bank of England says 'stablecoin' payments need the same regulation as banks as it publishes a new discussion paper on digital currencies. 07/06/2021
Now playing Next United Kingdom UK economy to record best year since 1941, Bank of England says The Bank of England said that its revised forecast — it previously estimated that the UK economy would grow by 5 per cent this year — was down to the country's fast vaccine rollout which should enable the economy to reopen quicker than initially thought. 06/05/2021
Now playing Next Money Bank of England is looking into launching 'Britcoin'. But what is it? What would the difference be between Britcoin cryptocurrency on your phone and sterling in your pocket? 29/04/2021
Now playing Next United Kingdom Bank of England cautiously upbeat on UK economy, banks and... Brexit The BoE says the downturn from the pandemic may not be as bad as expected and banks have the capacity to deal with losses, but warns of high uncertainty. 06/08/2020
Now playing Next United Kingdom Andrew Bailey appointed first post-Brexit governor of Bank of England The incoming Bank of England chief will come in just as the UK is departing the European Union. 20/12/2019
Now playing Next Business Bank of England cuts UK growth forecast Brexit uncertainties are becoming "more entrenched" and increasingly weighing on the British economy less than three months before the country is scheduled to leave the European Union, the Bank of England said Thursday. 01/08/2019
Now playing Next United Kingdom Bank of England celebrates 'outstanding' Alan Turing on new £50 note "As the father of computer science and artificial intelligence, as well as war hero, Alan Turing’s contributions were far-ranging and path-breaking. Turing is a giant on whose shoulders so many now stand,” the Bank of England's governor said on Monday. 15/07/2019
Now playing Next United Kingdom Banks face existential threat from climate change, central banks warn Central banks chiefs have warned the financial firms if they fail to make changes to adapt to the risks of climate change, "they will fail to exist". 18/04/2019
Now playing Next world news Which British scientist should be the face of the new £50 note? The Bank of England is asking the British public to nominate a scientist for a new plastic 50-pound note that will replace the current paper version. 02/11/2018
Now playing Next Business Bank of England governor issues Brexit warning With less than eight months to go until Britain quits the European Union, the Governor of the Bank of England has issued a warning. 03/08/2018
Now playing Next Business A no-deal Brexit will have "big" economic consequences That's according to the Bank of England Governor Mark Carney who says it'll prompt a review of interest rates and leave many bankers idle 17/07/2018
Now playing Next Business Bank of England rejects EU's warnings Britain's banks could deal with a hard Brexit next March if necessary. That's according to the Bank of England's Governor. Mark Carney rejects the European Union's warnings that lenders are inadequately prepared 27/06/2018
Now playing Next Business UK growth revised down as slow production hits According to official figures the UK economy expanded by less than previously thought in the last three months of 2017 22/02/2018
Now playing Next World Plans for UK interest rate hike The Bank of England has revised its forecasts for the UK, saying that it now hoped that interest rates could rise faster than previously predicted 08/02/2018
Now playing Next Business Bank of England keeps interests rates on hold The Bank of England keeps interest rates on hold as real wages fall and consumers suffer biggest loss of spending power in 40 years. 14/12/2017
Now playing Next Business UK inflation hits near six-year high BoE will have to write to Chancellor after breaking through 2% target ceiling to reach 3.1% in November. 12/12/2017
Now playing Next Business The Bank of England raises its interest rate to 0.5 pct from 0.25 pct, the first hike in 10 years Bank of England raises interest rate to 0.5 per cent in the first hike in a decade 02/11/2017
Now playing Next Business UK jobless rate stays at record low Unemployment is at its lowest level for more than four decades but inflation threatens to rise 18/10/2017
Now playing Next Business UK inflation rises to 2.9% The pound has hit a one-year high after UK inflation climbed to its highest rate in more than five years. The Consumer Price Index showed 12/09/2017
