Bank of England launches tool to calm gilt market in times of distress
The Bank of England launched on Tuesday a new financial stability tool that insurers and pension funds can use during periods ...
Bank of England refunded almost £50k worth of cash that had been through washing machine
These are among the startling statistics revealed by the nation's central bank, which also showed that just under £10 million of notes were exchanged.
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Bank of England (BOE)
Founded in 1694, the Bank of England (BoE) is the central bank of the United Kingdom (UK). Known as ‘The old lady of Threadneedle Street’, the bank’s mission is "to promote the good of the ...
February Bank of England rate cut a 'sure bet' as growth stumbles and inflation falls
The Bank of England looks set to resume cutting interest rates next month after official data revealed weaker inflation and ...
Bank of England’s PRA Gives Reeves Growth-Friendly Policy Ideas
The Bank of England’s regulatory arm set out a string of ideas that could meet the government’s call to boost economic growth ...
Surprising UK pay growth could delay Bank of England’s interest rate cuts
The surge in wages, coupled with companies reducing their workforce, “muddies the picture” for the Bank of England in terms of deciding whether to cut interest rates, according to the Resolution ...