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Page 12 - Bank Of England

WHO calls Coronavirus a pandemic, UK and Italy announce war chests

A pandemic is an epidemic on a far greater geographic scale that affects a much large number of people

WHO calls Coronavirus a pandemic, UK and Italy announce war chests
Updated On : 11 Mar 2020 | 11:30 PM IST

Bank of England cuts interest rates by 0.5% to 0.25% to bolster economy

The BoE also introduced a new term funding scheme for small businesses. It will offer four-year funding over the next 12 months

Bank of England cuts interest rates by 0.5% to 0.25% to bolster economy
Updated On : 11 Mar 2020 | 1:57 PM IST

Bank of England holds interest rate at 0.75% after slowdown fears allay

Most economists think the economy will have done well to eke out growth any higher than 1 per cent last year

Bank of England holds interest rate at 0.75% after slowdown fears allay
Updated On : 30 Jan 2020 | 8:16 PM IST

Andrew Bailey named as Bank of England governor to guide through Brexit

The 60-year-old Briton, who was a BoE deputy between 2013 and 2016, will have the heavy task of conducting the country's monetary policy at the time of its exit from the European Union

Andrew Bailey named as Bank of England governor to guide through Brexit
Updated On : 21 Dec 2019 | 12:47 AM IST

Hong Kong protests led to $5 billion fund outflow: Bank of England

That's equivalent to about 1.25% of the former British colony's gross domestic product

Hong Kong protests led to $5 billion fund outflow: Bank of England
Updated On : 17 Dec 2019 | 11:35 AM IST

Bank of England fines Citigroup 44 million pounds for regulatory failures

BoE's banking supervisory arm, said Citigroup's UK framework for reporting data to regulators was not designed, implemented or operating effectively

Bank of England fines Citigroup 44 million pounds for regulatory failures
Updated On : 27 Nov 2019 | 3:16 AM IST

Climate change is real: How it is becoming a nightmare for central banks

Climate change was a warning shot that took time to echo in policy-making corridors

Climate change is real: How it is becoming a nightmare for central banks
Updated On : 24 Sep 2019 | 9:06 AM IST

Global regulators to question Facebook's Libra amid EU concerns: Report

Officials from 26 central banks, including the U.S. Federal Reserve and the Bank of England, will meet with representatives of Libra in Basel on Monday

Global regulators to question Facebook's Libra amid EU concerns: Report
Updated On : 15 Sep 2019 | 11:28 AM IST

UK bonds signal recession as inflation bedevils Bank of England's response

In a so-called yield curve inversion, a typical harbinger of economic contraction, the yield on 10-year government debt fell below the 2-year equivalent on Wednesday for the first time since 2008

UK bonds signal recession as inflation bedevils Bank of England's response
Updated On : 14 Aug 2019 | 11:57 PM IST

Towards digital banking

Bank of England shows the way, others should follow

Towards digital banking
Updated On : 29 Jun 2019 | 8:58 PM IST

Bank of England hints at faster rate hikes, but post-Brexit options open

A disruptive Brexit would probably cause sterling to fall and push up inflation

Bank of England hints at faster rate hikes, but post-Brexit options open
Updated On : 02 Nov 2018 | 8:14 AM IST

Bank of England tales: The ghost, giant and heroic sewer worker

Over its three centuries, the institution nicknamed the Old Lady of Threadneedle Street has built up as many stories as there are gold bars in its vaults

Bank of England tales: The ghost, giant and heroic sewer worker
Updated On : 25 Aug 2018 | 7:58 PM IST

Bank of England to wait out soft data as it eyes next rate rise

In sharp contrast to widespread expectations just a few weeks ago that it would raise rates, the BoE said its nine rate-setters voted 7-2 to keep them at 0.5 per cent

Bank of England to wait out soft data as it eyes next rate rise
Updated On : 10 May 2018 | 7:02 PM IST

Bank of England reading inflation, no hurry to raise rates: Chief economist

The central bank raised interest rates for the first time in over a decade in November

Bank of England reading inflation, no hurry to raise rates: Chief economist
Updated On : 11 Feb 2018 | 4:59 PM IST

Bank of England holds interest rate at 0.5%

All nine members of the Monetary Policy Committee voted to keep rates unchanged

Bank of England holds interest rate at 0.5%
Updated On : 14 Dec 2017 | 8:53 PM IST

Bank of England's Carney sees Brexit pushing up inflation, slowing growth

The BoE's next announcement on monetary policy is scheduled for November 2

Bank of England's Carney sees Brexit pushing up inflation, slowing growth
Updated On : 18 Sep 2017 | 10:49 PM IST

Bank of England says will not change animal-fat banknotes

130,000 people signed an online petition last year calling on BoE to stop using animal products

Bank of England says will not change animal-fat banknotes
Updated On : 10 Aug 2017 | 4:29 PM IST

Brexit transition period desirable for UK and EU banks: Bank of England

The BoE's PRA said it faces heavy demands from Brexit fallout on banks, insurers

Brexit transition period desirable for UK and EU banks: Bank of England
Updated On : 09 Aug 2017 | 5:43 PM IST

Brexit impact: Bank of England keeps rates on hold, hints at 2018 rise

Rate-setters voted 6-2 to keep Bank Rate at 0.25 percent, as expected by most economists taking part

Brexit impact: Bank of England keeps rates on hold, hints at 2018 rise
Updated On : 03 Aug 2017 | 5:59 PM IST

Bank of England comes closest to voting for rate hike since 2007

Mark Carney, 4 other members of Monetary Policy Committee voted to leave rates unchanged

Bank of England comes closest to voting for rate hike since 2007
Updated On : 15 Jun 2017 | 6:07 PM IST