Bank Of England

The central bank's Monetary Policy Committee voted at a regular meeting to lift its key interest rate by a half-point to 4.0 percent, the highest level since late 2008.

Columbia University said in a statement on Wednesday that Nemat Shafik's selection brings an end to the search process that began after Lee C. Bollinger declared he would leave his position as president at the end of the 2022-2023 academic year.

The first banknotes bearing the image of King Charles III are set to enter circulation by mid-2024, the Bank of England said on Tuesday as it unveiled their designs.

The increase was the BoE's ninth in a row, while the amount matches a hike Wednesday by the US Federal Reserve.

The Bank of England (BoE) is now looking for industry players to submit design ideas of a ‘proof-of-work' digital wallet, that would safeguard CBDC holdings. The central bank has asked fintech players to submit proposal ideas by December 23. The submissions that are selected will be given five months to prepare a working wallet for the British fi...

FTX was being probed by US federal prosecutors months before the crypto exchange collapsed earlier this month, according to a report. The beleaguered crypto exchange filed for US bankruptcy protection and its founder Sam Bankman-Fried resigned as chief executive, after rival exchange Binance walked away from a proposed acquisition. The implosion of...

FTX implosion has explained the need to bring the crypto world within the regulatory framework, Bank of England Deputy Governor Jon Cunliffe said on Monday. He added that FTX's woes highlighted the need for regulators to put in place tighter controls as quickly as possible. Currently, crypto firms in Britain only have to show they can put in place ...

The Bank of England on Thursday announced its biggest interest rate hike since 1989 to combat sky-high inflation that it warned was pushing Britain into a recession set to last until mid-2024.

The Bank of England hiked its Bank rate by 0.75 percentage points to 3 per cent, the single biggest increase in more than three decades.

The Bank of England said after the official period of mourning is over, it will outline its plans for replacing the current banknotes.

The Bank of England said on Friday it would delay its September Monetary Policy Committee meeting by one week due to the death of Queen Elizabeth.

A senior British minister admitted Friday "I don't know where Boris is" as the premier checked out on holiday, in a week that saw the Bank of England warn a year-long recession is coming.

Britain will sink into a lengthy recession later this year as inflation rockets even higher, the Bank of England forecast Thursday as it unveiled the biggest interest rate hike since 1995.

The UK authorities have opened a probe to explore ways to balance the impact of the crypto industry with regards to the existing operations of UK’s Financial Conduct Authority (FCA) and the Bank of England (BoE). UK residents can share their opinions on how regulators can make tax rules and financial amendments to its existing systems that fetch ...

Here's a look at where policymakers stand in the race to contain red-hot inflation.

The central bank's Monetary Policy Committee voted at a regular meeting to lift its key interest rate by a half-point to 4.0 percent, the highest level since late 2008.

Columbia University said in a statement on Wednesday that Nemat Shafik's selection brings an end to the search process that began after Lee C. Bollinger declared he would leave his position as president at the end of the 2022-2023 academic year.

The first banknotes bearing the image of King Charles III are set to enter circulation by mid-2024, the Bank of England said on Tuesday as it unveiled their designs.

The increase was the BoE's ninth in a row, while the amount matches a hike Wednesday by the US Federal Reserve.

The Bank of England (BoE) is now looking for industry players to submit design ideas of a ‘proof-of-work' digital wallet, that would safeguard CBDC holdings. The central bank has asked fintech players to submit proposal ideas by December 23. The submissions that are selected will be given five months to prepare a working wallet for the British fi...

FTX was being probed by US federal prosecutors months before the crypto exchange collapsed earlier this month, according to a report. The beleaguered crypto exchange filed for US bankruptcy protection and its founder Sam Bankman-Fried resigned as chief executive, after rival exchange Binance walked away from a proposed acquisition. The implosion of...

FTX implosion has explained the need to bring the crypto world within the regulatory framework, Bank of England Deputy Governor Jon Cunliffe said on Monday. He added that FTX's woes highlighted the need for regulators to put in place tighter controls as quickly as possible. Currently, crypto firms in Britain only have to show they can put in place ...

The Bank of England on Thursday announced its biggest interest rate hike since 1989 to combat sky-high inflation that it warned was pushing Britain into a recession set to last until mid-2024.

The Bank of England hiked its Bank rate by 0.75 percentage points to 3 per cent, the single biggest increase in more than three decades.

The Bank of England said after the official period of mourning is over, it will outline its plans for replacing the current banknotes.

The Bank of England said on Friday it would delay its September Monetary Policy Committee meeting by one week due to the death of Queen Elizabeth.

A senior British minister admitted Friday "I don't know where Boris is" as the premier checked out on holiday, in a week that saw the Bank of England warn a year-long recession is coming.

Britain will sink into a lengthy recession later this year as inflation rockets even higher, the Bank of England forecast Thursday as it unveiled the biggest interest rate hike since 1995.

The UK authorities have opened a probe to explore ways to balance the impact of the crypto industry with regards to the existing operations of UK’s Financial Conduct Authority (FCA) and the Bank of England (BoE). UK residents can share their opinions on how regulators can make tax rules and financial amendments to its existing systems that fetch ...

Here's a look at where policymakers stand in the race to contain red-hot inflation.