Bank of England readies rate cut and could hint at more to come
What a sixth Bank of Canada interest rate cut could mean for mortgages as tariffs loom
Bank of Canada Cuts Rates, Warns of Economic Shock From Trade Conflict
Sterling treads water as markets look to Bank of England
The pound was little changed on Thursday as markets were focused on a raft of major central bank meetings that will culminate with the Bank of England next week.
BoE's Bailey Says Bank Rules Were Delayed Because of US Competition
LONDON (Reuters) - The Bank of England delayed introducing new rules for banks to avoid putting British firms at a competitive disadvantage to the U.S. where President Donald Trump has promised to cut back on regulation for business, BoE Governor Andrew Bailey said.
Mortgage approvals to home buyers edged up in December – Bank of England figures
The number of mortgage approvals to home buyers edged upwards month-on-month in December, according to Bank of England figures. Some 66,526 deals got the green light, up from 66,061 the previous month.
Remember the U.K. debt crisis under Liz Truss? Bank of England now has a formal process to handle it.
The Bank of England on Tuesday announced a new emergency measure to deal with debt-market instability like that seen during Liz Truss’s brief tenure as prime minister in 2022.
UK faces gold shortage as traders send $82B to New York in anticipation of Trump tariffs
People can’t get their hands on gold because so much has been shipped to New York, and the rest is stuck in the queue,” one industry executive was quoted as saying.
The Pound’s Slump Adds to Inflation Headache at Bank of England
The Bank of England faces an extra dilemma ahead of next week’s interest-rate decision, with the slump in the value of the pound threatening to add to resurgent price pressures.
Bank of England launches emergency fund to prevent repeat of £45bn gilts crisis
The UK's central bank has launched an emergency lending facility to prevent a repeat of the hike in government borrowing experienced in 2022.
Recession fears grow with pressure on Bank of England to cut rates
Bosses in the private sector expect a "significant fall" in activity over the next three months, according to a survey by the Confederation of British Industry (CBI).
Could the Bank of England push the UK into recession?
As the Bank of England scrambles to unwind the disastrous effects of quantitative easing, the hidden costs of this policy are becoming clear, says Damian Pudner Quantitative easing (QE) has long been the Bank of England’s monetary policy nuclear option.
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Bank of England unveils safety net for pensions in wake of gilt market turmoil
The Bank of England has opened applications for a new emergency lending tool which is designed to protect pension funds during times of severe market stress. The Contingent NBFI Repo Facility (CNRF) will provide crucial support to non-banking financial institutions by offering emergency loans during periods of market turbulence.
UK Budget fallout adds to Bank of England dilemma on interest rates
Employers are cutting jobs and raising prices to offset tax increases, with wages still growing too fast for policymakers’ comfort