Bank of England governor Mark Carney has said the pound’s rebound after the Commons vote signals market hope that Brexit can be delayed, but warned over further volatility.
Inflation has fallen to its lowest level in two years and within a whisker of the Bank of England’s target due to a drop in petrol prices and air fares.
Inflation is expected to have fallen in December to within a whisker of the Bank of England’s target, due to lower motor fuel and tobacco prices.
Inflation is expected to have fallen in December to within a whisker of the Bank of England’s target, due to lower motor fuel and tobacco prices.
Two of the UK’s most prominent women in banking have been appointed to the Bank of England’s financial watchdog.
Extreme weather and Brexit uncertainty buffeted the UK economy in 2018, with business investment grinding to a halt and consumer spending fizzling out as political storm clouds gathered.
Extreme weather and Brexit uncertainty buffeted the UK economy in 2018, with business investment grinding to a halt and consumer spending fizzling out as political storm clouds gathered.
Extreme weather and Brexit uncertainty buffeted the UK economy in 2018, with business investment grinding to a halt and consumer spending fizzling out as political storm clouds gathered.
Britain’s struggling retailers have axed nearly 150,000 jobs this year with experts predicting fresh pain in 2019, research for the Press Association has shown.
The Bank of England has kept interest rates on hold at 0.75% as it cautioned “intensified” Brexit uncertainties were slamming the brakes on UK growth.
The Bank of England is expected to keep rates unchanged at 0.75% on Thursday and remain firmly in wait-and-see mode until Brexit uncertainty clears.
The Bank of England made £10 million of purchases without following proper procedures and has 800 desks sitting empty at its Threadneedle Street offices, an inquiry into its costs has revealed.
Bank of England policymakers are set to keep interest rates on hold at 0.75% after recent turmoil in Westminster and as Brexit uncertainty reigns.
The Bank of England risks becoming embroiled in another political storm after concerns were raised over a meeting of top officials from Venezuela, which is seeking the return of 14 tonnes of gold.
A former UK interest rate-setter has slammed the Bank of England’s doomsday Brexit report as “extreme” and “implausible”.
Shopping bills could surge by up to 10% if the UK crashed out of the EU, Bank of England boss Mark Carney has warned.
Shopping bills could surge by up to 10% if the UK crashed out of the EU, Bank of England boss Mark Carney has warned.
Bank of England boss Mark Carney threw a summer party for his staff costing nearly £100,000 complete with a bake-off and fun run, as Britain hunkered down ahead of Brexit.
The ability of Britain’s biggest lenders to withstand the economic shock of a no-deal Brexit will be revealed this week when the Bank of England publishes the results of its annual health check on the sector.
Bank of England governor Mark Carney has backed Theresa May’s EU withdrawal plans and warned a no-deal Brexit would be the “worst outcome”.