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.
The Bank of England's rate cut challenge: stumbling growth and stubborn inflation
The Bank of England must contend with a slowdown in Britain's economy but also stubborn inflation pressures when it considers ...
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 ...
Mark Carney, the 'unreliable boyfriend' who ran UK's central bank
Mark Carney was the first non-British person to become governor of the Bank of England in its more than 300-year history when ...
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Bank of England publishes blueprint for central bank digital currency
The Bank of England has published a Blueprint framework describing the way in which a digital version of the British pound ...
Bank of England appoints Andrea Enria to Prudential Regulation Committee
The Bank of England on Tuesday appointed one of its senior advisers, Andrea Enria, to the Prudential Regulation Committee ...
UK banks clash with Bank of England over rules on loss-absorbing debt
UK Finance called for the central bank to go further by increasing the size threshold to £40bn-£50bn to take account of inflation since the rule was introduced in 2015. It also called for the active ...
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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 ...
Bank of England’s Taylor Sees Need for ‘Pre-Emptive’ Cuts to Lessen Recession Risk
Newest policy-committee member recommends taking out ‘a little insurance’ amid signs of weakening demand in a fragile economy ...
Former Bank of England governor Mark Carney enters race to be Canada’s next prime minister
Mark Carney, the first non-Brit to run the Bank of England since it was founded in 1694 and the former head of Canada’s ...
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Bank of England Opens Digital Pound Labs for Blockchain Payment Testing
A digital pound remains in its exploratory phase, with final decisions contingent on parliamentary approval and extensive ...
Elections Impact on Bank of Canadas Independence
The independence of central banks from the democratic process has been a bedrock of economic policy for decades. The Bank of Canada is no exception ...