Page 12 - Bank Of England

Coronavirus: Bank of England cuts rates to 0.1%, ramps up bond-buying

The BoE's Monetary Policy Committee voted unanimously for the cut to the benchmark rate -- which had been slashed to 0.25% from 0.75% on March 11

UK banks borrow 3.7 bn pound from BoE as Covid-19 effects impact economy

Former BoE Governor Mark Carney said last week they were likely to be part of the solution to an economic crisis, rather than the cause.More liquidity is also on the way, should banks need it.

ECB ramps up stimulus in coronavirus fight but stops short of rate cut

The ECB said it would give businesses more ultra-cheap loans, raise asset purchases and provide banks with capital relief

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

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 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

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

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

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

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

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

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

Towards digital banking

Bank of England shows the way, others should follow

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 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 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 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 holds interest rate at 0.5%

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

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 says will not change animal-fat banknotes

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