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Pound spikes to 10-month high ahead of 'Super Thursday'
The British currency soars as traders look to Bank of England for market direction.
Gaurav Sharma Jul 31, 2017
Housing blues: UK mortgage lending plummets to nine-month low
Bank of England data points to a slowdown in both secured and unsecured lending.
Gaurav Sharma Jul 31, 2017
If Britain is the 'sick man' of Europe benchmarking standards have really slipped
Many economies are seeing growth at or below that of Britain but the post-Brexit sick man narrative persists as it suits the agenda of some.
Gaurav Sharma Jul 26, 2017
Bank of England concerned by 'spiral of complacency' over consumer lending
Senior bank official says a rapid rise in household loans could pose a threat to the UK economy.
Karthick Arvinth Jul 25, 2017
Rising UK credit card defaults adds to concern over squeezed household budgets
Defaults on credit cards and personal loans "increased significantly" in the three months to June.
Roger Baird Jul 13, 2017
S&P expects record-low UK interest rates to stay until 2019
Ratings agency expects Brexit uncertainties and weak domestic demand to keep rates in check.
Karthick Arvinth Jul 11, 2017
Bank of England warns it will go after banks looking for loopholes in regulations
The Bank said firms should respect the spirit as well as the letter of rules that guard against another financial crisis.
Roger Baird Jul 10, 2017
UK consumer spending slumps to four-year low
Spending fell 0.3% compared to a year earlier in the April-to-June quarter, Visa says.
Karthick Arvinth Jul 10, 2017
The era of low interest rates is ten years old today – but savers won't send a cake
The financial crisis and last summer's Brexit vote has seen interest rates fall from 5.75% to 0.25%.
Roger Baird Jul 05, 2017
Bank of England staff set for first strike in 50 years
Maintenance and security staff at the central bank are set to walk out over a pay dispute at the end of the month .
Roger Baird Jul 03, 2017
The end of easy money: Central bankers spark fears among investors
Central banks in the US, UK and Europe signalled they might end the loose monetary policy that has injected trillions of dollars into their economies.
Roger Baird Jun 30, 2017
Slow pace of UK economy confirmed in first three months of year
First quarter GDP growth unrevised at 0.2% as consumer facing industries suffer slowdown.
Dan Cancian Jun 30, 2017
Warning lights on for the UK economy? Fears grow over surge in unsecured borrowing and easy credit
Rising inflation forces Britons to dip further into their pockets to continue spending.
Dan Cancian Jun 30, 2017
Bank of England needs to 'look seriously' at interest rate hike to fight inflation
Persistently low wages have contributed to historic low rates says BoE's chief economist Andy Haldane.
Dan Cancian Jun 30, 2017
Pound slides as Mark Carney says time isn't right for an interest rate hike
The sterling came under pressure as the Bank of England governor said impact of Brexit was as yet unclear.
Gaurav Sharma Jun 20, 2017
Pound surges as Bank of England keeps rate on hold after surprisingly split vote
Bank of England shocks markets by voting 5-3 in favour of keeping interest rates on hold.
Dan Cancian Jun 15, 2017
Bank of England keeps rates on hold but edges closer to a rise
Bank's monetary policy committee came out in favour of keeping interest rates on hold in a surprisingly close vote.
Roger Baird Jun 15, 2017
UK household debt to hit a record £15,000 as wages stagnate
Families are increasingly turning to credit cards and payday loans to pay bills, says TUC.
Roger Baird May 24, 2017
Low interest rates see profits slump at Nationwide
The mutual said protecting savers from rock-bottom interest rates helped see its membership soar to a record 15 million.
Roger Baird May 23, 2017
Weak pay rises lead to fall in living standards for British workers
Survey shows firms preparing to give workers a 1% rise, as inflation forecast to jump to 2.7% this week.
Roger Baird May 15, 2017
Bank of England keeps interest rates unchanged and cuts growth forecast for 2017
Monetary Policy Committee votes 7-1 in favour of keeping interest rates on hold at 0.25%.
Dan Cancian May 11, 2017
Bank of England sets out new money market code of conduct
The central bank said the aim of the new UK Money Markets Code is to bring integrity to City trading.
Roger Baird Apr 26, 2017
Fintech can make banking system more resilient says Bank of England governor Mark Carney
Bank warns it will closely monitor the level of cyber and operational risks the new technology faces.
Roger Baird Apr 12, 2017
FX Focus: Pound battles volatility as inflation holds steady above Bank of England's target
Inflation remains unchanged at 2.3% in March, exceeding BoE's 2% threshold for second successive month.
Dan Cancian Apr 11, 2017
UK inflation remains above the Bank of England target in March
Inflation holds steady at 2.3%, as decline in air fares offsets sharp increase in food, alcohol and tobacco prices.
Dan Cancian Apr 11, 2017
Secret tape raises fresh questions over Bank of England's role in Libor scandal
Recording of conversation between Barclays bankers appears to implicate central bank in Libor rigging.
Karthick Arvinth Apr 10, 2017
When will the new £1 coin be released? Everything you need to know
The new £1 coin will launch on Tuesday and the current coin will cease to be legal tender on 15 October this year.
Dan Cancian Mar 25, 2017
Troubled Co-op Bank says 'credible' buyers still interested in sale
The move comes as the Bank of England closely monitors the ailing lender.
Roger Baird Mar 24, 2017
Charlotte Hogg punishment was tougher than others would face says Mark Carney
Bank of England governor says he does not want to introduce a "one strike and you're out" policy for senior managers.
Roger Baird Mar 21, 2017
BoE chief economist weighs in on true cost of maintaining record low unemployment rate
Low UK interest rates and productivity are trade-offs for historic unemployment rate of 4.8%.
Pramod Sharma Mar 21, 2017
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