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UK banks need to invest in IT to withstand failures, says lawmaker
There is no dedicated group to deal with IT failures in banks.
Sarmistha Acharya Jan 24, 2016
UK housing: More than one in four Britons fear rent or mortgage arrears in 2016
Shelter survey shows significant concern about falling behind on housing costs.
Shane Croucher Jan 20, 2016
Bank of England governor Mark Carney says it would be wrong to raise interest rates
Carney says the Bank of England will wait longer before raising interest rates from the current level.
Dan Cancian Jan 19, 2016
Bank of England keeps interest rates unchanged at record low level
Interest rates remain at 0.5% after BoE voted 8-1 in favour of not opting for an increase.
Dan Cancian Jan 14, 2016
David Bowie dead: Thousands call for Mars to be renamed after British rock legend
Change.org petition urges International Astronomical Union to rename Mars after Bowie.
Priyanka Mogul Jan 14, 2016
David Bowie dead: Thousands urge Bank of England to put music legend on £20 bank notes
Bank of England have asked public for nominations from British artists and over 7,000 have asked for the singer.
Priyanka Mogul Jan 13, 2016
Bank of England embroiled in FCA decision to drop review of UK banking culture
BoE executive Megan Butler oversaw FCA decision to drop banking probes, despite denials from City regulator.
Ian Allison Jan 13, 2016
Bank of England should be stripped of monetary policy powers, Adam Smith Institute says
Radical idea comes from thinktank ahead of Monetary Policy meeting on 14 January.
Bauke Schram Jan 11, 2016
New Year 2016: Rate hikes, China growth and lower oil prices - the business outlook
Central banks raising rates, China's slowing economic growth and falling oil prices set to dominate 2016?
Shane Croucher Dec 31, 2015
UK bank lending grows at fastest pace since 2007 says British Bankers' Association
BBA data showed strong growth of mortgage loans, as Bank of England credited economic recovery for the surge.
Kedar Grandhi Dec 26, 2015
CPI: UK swings into positive inflation as food and transport prices drag less
Hotels and restaurant prices saw a more significant increase as well as tobacco and alcohol.
Bauke Schram Dec 15, 2015
Bank of England votes 8-1 to keep interest rates at 0.5%
The minutes revealed Ian McCafferty was the only member of the MPC to go against the grain.
Henry Austin Dec 10, 2015
Bank stress test: RBS and Standard Chartered shamed by BoE as weakest UK finance institutions
HSBC, Barclays, Lloyds, Nationwide and Santander cleared the BoE stress test.
Bauke Schram Dec 01, 2015
Robert Powell: Banks need to prepare for European regulation as MiFID II is almost here
MiFID II is following the Financial Services Bill by the Bank of England.
Bauke Schram Nov 21, 2015
HBOS management could be banned from City as regulators urge probe to be reopened
Report by the Bank of England argued that initial decisions by FSA were flawed.
Bauke Schram Nov 19, 2015
UK inflation: Negative CPI for second month as food and transport prices weigh down rate
Negative inflation will likely cause the Bank's Monetary Policy Committee to postpone a rate hike.
Bauke Schram Nov 17, 2015
Robots will destroy 15 million jobs warns Bank of England
Around 31.21 million people are employed in the UK out of a total population of 64 million.
Jigmey Bhutia Nov 13, 2015
Bank of England to publish HBOS report seven years after financial institution's near-collapse
HBOS was bailed out by the government that pumped in £20bn in 2008 for a 41% stake.
Kedar Grandhi Nov 13, 2015
UK interest rate is not a tool for correcting housing market says BoE's Dame Nemat Shafik
Dame Nemat Shafik said the bank "had other tools" to deal with them.
Henry Austin Nov 06, 2015
UK house prices: Five reasons we should start worrying
Halifax signals yet more strong house price growth in the UK, but others sound warning siren.
Shane Croucher Nov 05, 2015
Bank of England keeps interest rates on hold and downgrades economic growth outlook
Members of the Monetary Policy Committee (MPC) voted eight to one to leave rates on hold.
Henry Austin Nov 05, 2015
UK rate hike could come sooner according to Kristin Forbes
Forbes argued that Britain had limited direct exposure not only to emerging markets but also to key trading partners such as Germany.
Kedar Grandhi Oct 17, 2015
Senior managers regime: Banking sector welcomes Treasury changes to compliance rules
"Reverse burden of proof" rule meant senior management of failing banks were guilty until proven innocent.
Bauke Schram Oct 15, 2015
UK inflation: Why this is good deflation
UK enters deflation as prices fall in line with commodities, but little cause for concern.
Shane Croucher Oct 13, 2015
UK inflation: Prices drop 0.1% as pressure mounts on Bank of England's Mark Carney
The ONS says Consumer Price Index inflation fell again in the year to September.
Ian Silvera Oct 13, 2015
Margareta Pagano: Volkswagen emissions scandal highlights 'lack of trust in business'
John Nelson spoke up about the negative antics of big business leading to 'mistrust in capitalism'.
Margareta Pagano Oct 02, 2015
BoE boss Mark Carney's 'change course or prepare for disaster' warning on climate change
Industry welcomes Bank of England chief's warnings about the economic impact of global warming.
Bauke Schram Oct 01, 2015
Bank of England governor Mark Carney says climate change threatens economy
Carney believes that there is "still time to act" but that "the window is finite and it's closing".
Adam Justice Sep 30, 2015
Bank of England orders new probe into automated dealing in wake of August market turmoil
Black-box trading believed to have contributed to sharp swings in prices during 'Shanghai Shock'.
Peter Carty Sep 26, 2015
UK inflation rate back at 0% as oil and food prices fall
Lower costs of transport and food weigh down inflation rate.
Bauke Schram Sep 15, 2015
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