Bank of England Financial News

01.09 / 13:41

economics inflation Bank of England UK Bank of America BofA Bank of America forecasts no rate cuts for UK until 2025 due to 'entrenched inflation'

BofA forecast the Bank of England will opt for a 25bps hike in September to 5.5%.

01.09 / 13:41

Bank of England FCA PRA Diversity Financial Diversity Project calls on FCA to set out clearer non-financial misconduct rules

Diversity Project chair Helena Morrissey (pictured) said the FCA’s rules around individual conduct are 'very broad' and firms apply them 'inconsistently' and do not specify anything regarding personal conduct.

31.08 / 12:45

economics Federal Reserve inflation Bank of England UK Interest rates Monetary Policy Committee Huw Pill: BoE must 'see the job through' against inflation

‘The key element is that we on the MPC need to see the job through and ensure a lasting and sustainable return of inflation to the 2% target,’ Pill said. Credit: Bank of England

23.08 / 08:03

economics Bank of England Interest rates Bank of England warns higher rates could lead to corporate defaults

The share of non-financial UK companies under this stress — those with a low ratio of earnings to interest expenses — will rise from 45% in 2022 to 50% by the end of this year, the BoE said.

16.08 / 09:13

economics inflation Bank of England UK ONS Office for National Statistics UK inflation continues sharp descent to 6.8% in July

The Bank of England

10.08 / 13:53

Stablecoin CBDC Bank of England HM Treasury Bank of England Forms Digital Pound Advisory Group to Shape CBDC Design

Announced on the Bank's Website on Wednesday, the Bank of England (BoE) has established a digital pound advisory group named the CBDC Academic Advisory Group (AAG) and is actively seeking specialists to join this group as the nation enters the CBDC design phase.

09.08 / 12:29

Stablecoin regulation Bank of England Bank of England Remains Focused on Systemic Stablecoin Regime

The UK central bank has released a consultation response on systemic stablecoins, suggesting that it remains committed to a systemic stablecoin regime.

09.08 / 11:33

Forecast Bank of England UK Lost UK stagflation to return after five years of 'lost growth'

The Bank of England

08.08 / 12:29

Stablecoin regulation Bank of England Power Bank of England will get more power in regulating stablecoins

The United Kingdom government could rebalance the power between the Bank of England (BoE) and the country’s principal financial regulator, the Financial Conduct Authority (FCA), in the former’s favor, according to a 40-page consultation response published by His Majesty’s Treasury on Aug. 7.

08.08 / 12:03

economics inflation Bank of England UK food inflation BoE's Huw Pill: Food prices may never return to pre-inflation levels

Bank of England chief economist Huw Pill | Credit: Bank of England

07.08 / 11:47

economics inflation Bank of England UK Interest rates Monetary Policy Committee reports Bank of England's Huw Pill: Monetary policy tightening 'is working' - reports

Huw Pill (pictured) is chief economist at the Bank of England Credit: Bank of England

03.08 / 16:01

economics inflation Bank of England UK Interest rates Macroeconomics Bank of England hikes rates by 25bps to 5.25%

The Bank of England

03.08 / 07:41

regulation Bank of England financial conduct authority Sky News FCA reports Treasury to appoint next chief of City regulators' complaints body - reports

City minister Andrew Griffith (pictured) is understood to have said that the independence of the position would be significantly enhanced by the fact that the new commissioner will be appointed by the government, rather than regulators themselves.

01.08 / 16:55

Bank of England UK Monetary Policy Committee Business roles financial stability Financial Sarah Breeden to succeed Jon Cunliffe as BoE deputy governor for financial stability

Sarah Breeden began working at the Bank of England in 1991.

28.07 / 13:57

economics Federal Reserve Bank of England UK Monetary Policy Committee Former Fed chair Ben Bernanke to lead Bank of England forecasting review

Former Federal Reserve chair Ben Bernanke

27.07 / 14:35

inflation Bank of England UK Fed Macroeconomics rate hikes reports Chancellor's economic council pushes back against further rate hikes - reports

Andy Haldane (pictured), former chief economist at the Bank of England, is seen as being one of the most dovish members of the council. Image: Bank of England

27.07 / 08:25

inflation Bank of England US Interest rates US Federal Reserve Jerome Powell US interest rates hit highest levels in 22 years

Federal Reserve chair Jerome Powell hinted at further rises, adding that there was a “long way to go” before inflation might be completely vanquished.

26.07 / 07:59

markets economics inflation Bank of England UK Interest rates bonds Treasury faces £150bn bill over BoE QE losses

The bonds were bought as part of the bank’s financial stability mandate to reduce the danger of «fire-sale» dynamics.

20.07 / 21:41

economics Bank of England MPC Monetary Policy Committee Bank of England's Ramsden reflects on QT and suggests when more may be needed

Sir Dave Ramsden, deputy governor for markets & banking at the Bank of England. Image: Bank of England

19.07 / 10:33

economics inflation Bank of England UK Interest rates CPI Inflation comes in under expectations at 7.9% but UK remains 'drastic outlier'

'We would not push back against market pricing of a 6% terminal Bank Rate and think rate cuts are unlikely until late 2024.'

14.07 / 12:29

Europe economics Bank of England UK Bank of America BofA: Europe to dodge recession as UK fate looks glum

“If you want to worry about wages, worry about the UK,” the bank said.

Bank of England Financial News

popular questions about Bank of England

What is Bank of England and why is it relevant?

Where can I find the latest updates on Bank of England?

How can I verify the accuracy of information on Bank of England?