Bank of England Financial News

12.12 / 10:03

economics inflation Bank of England UK Interest rates Unemployment UK wage growth slows as unemployment remains steady

The data comes in advance of the Bank of England's meeting to set interest rates later this week.

11.12 / 15:47

markets economics inflation Bank of England UK Interest rates GDP CBI forecasts no Bank of England rate cuts until at least 2026

The CBI predicted that GDP growth for the UK would average 0.6% this year, before growing 0.8% in 2024 and 1.6% in 2025.

11.12 / 11:23

markets economics inflation Bank of England UK Interest rates GDP NOT CBI forecasts interest rates will not be cut until at least 2026

The CBI predicted that GDP growth for the UK would average 0.6% this year, before growing 0.8% in 2024 and 1.6% in 2025.

08.12 / 10:51

Bank of England UK kpmg REC job vacancies Economic uncertainty slows hiring activity as wage pressures recede in November

Permanent job placements fell at the second-fastest rate since June 2020, while temporary hires returned to a decline after two months of growth.

06.12 / 15:55

economics Bank of England Interest rates hedge funds Alternatives private credit vulnerability Bank of England warns of private credit vulnerability in higher rates environment

The Bank of England said private credit and leveraged lending markets have roughly doubled in size in the last decade.

04.12 / 20:09

CBDC Bank of England retail CBDC UK Treasury Advises Lower Limits on Retail Digital Pound Over Fears of Bank Runs

The UK Treasury Committee released a report on December 2, advising the Bank of England to proceed cautiously with plans for a retail digital pound, citing concerns that its introduction could spark bank runs and destabilize the financial system.

01.12 / 14:01

economics Federal Reserve inflation Bank of England European Central Bank Jerome Powell Deep Dive: Did central banks get it right in 2023?

While markets have begun pricing in rate cuts from key central banks in 2024, it is 'clear that higher interest rates are here to stay'.

01.12 / 13:23

economics inflation Bank of England Interest rates MPC monetary policy Unemployment BoE's Greene: Monetary policy will need to be restrictive 'for an extended period'

Megan Greene (pictured) was part of a minority group of three members who voted to increase interest rates to 5.5% during the recent MPC meeting.

29.11 / 12:20

economics inflation Bank of England UK Interest rates MPC Monetary Policy Committee NOT BoE's Haskel: Rate cuts will not happen 'anytime soon'

The Bank of England's Jonathan Haskel (pictured). Credit: World Economic Forum/Jakob Polacsek

27.11 / 08:53

regulation Bank of England Treasury House of Lords Lords call for greater accountability of Bank of England to parliament

The report found the Bank of England has made 'errors in the conduct of monetary policy in recent years'.

24.11 / 17:14

economics Bank of England UK jp morgan Treasury Jeremy Hunt disbands Economic Advisory Council after a year

JPMAM's Karen Ward, who was a founding member of the Economic Advisory Council

23.11 / 15:38

inflation Bank of England UK monetary policy Autumn Statement 23 Chancellor Hunt reaffirms commitment to BoE's 2% inflation target

Chancellor Jeremy Hunt (pictured). Copyright HM Treasury

22.11 / 19:31

Bank of England UK Recession Cost of Living tax cuts DICE Autumn Statement 23: 'Last roll of the dice' for government pre-election

'Today’s Autumn Statement demonstrates the pressure the government is under with an election imminent over the coming year.' Picture by Simon Dawson / No 10 Downing Street

21.11 / 14:57

economics inflation Bank of England UK BoE's Bailey: Markets underestimating risk of higher-for-longer inflation

Andrew Bailey (pictured), governor of the Bank of England

17.11 / 13:01

Reuters Europe UBS Bank of England ECB Credit Suisse ECB supports creation of global standards for AT1 bonds after Credit Suisse wipe-out - reports

The ECB's Enria has encouraged international standard-setters within the Basel Committee on Banking Supervision to bring order to this market.

15.11 / 15:45

Bank of England UK Monetary Policy Committee Business roles BlackRock EMEA chief to take role in BoE deputy governor selection

Stephen Cohen (pictured), head of Europe, the Middle East and Africa at BlackRock

15.11 / 08:33

economics Climate change inflation Bank of England UK MPC BoE's Mann: Climate change inflation is a 'concern' for all central bankers

Catherine Mann (pictured) said it was important to recognise 'there is no no climate change scenario to fall back on' when it comes to monetary policy.

15.11 / 08:33

economics inflation Bank of England UK Macroeconomics BoE's Huw Pill hints at further rate hikes if inflation remains 'stubbornly high' - reports

Huw Pill (pictured), chief economist at the Bank of England

15.11 / 08:33

economics inflation Bank of England UK Macroeconomics Office for National Statistics UK inflation falls to 4.6% in October

Core inflation, which excludes energy, food, alcohol and tobacco, rose by 5.7%, down from 6.1% in September and its peak of 7.1% in May.

14.11 / 08:59

economics inflation Bank of England UK Interest rates UK wage growth slows but figures still among highest on record

In its analysis of the data ING Group said the UK is on the right path to see interest rates fall from next summer.

10.11 / 13:47

UBS Bank of England industry Credit Suisse bonds TwentyFour AM: Importance of UBS deal for AT1 market 'cannot be overstated'

The instruments were sold in two tranches that could be redeemed in either five or ten years, with an initial price talk marketed at 10% for a five-year call and 10.125% for a 10-year call.

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