Bank of England

Finance & Economics

Bank of England Holds Interest Rates

The Bank of England on Thursday, March 20, decided to keep interest rates at the same level, as the United Kingdom is currently facing uncertainty in the context of the prospects for the further dynamic of the global trade situation and is approaching a recession scenario in the country’s economic system.

Finance & Economics

Bank of England Cuts Interest Rates

Bank of England officials on Thursday, February 6, decided to cut interest rates to a 19-month low.

Finance & Economics

Bank of England Reportedly to Resume Rate Cuts

Currently, it is becoming increasingly widely believed that this week the Bank of England will decide on a new interest rates cut.

News

Bank of England Holds Rates

The Bank of England on Thursday, December 19, as part of its last monetary policy meeting this year, decided to keep interest rates at the same level.

Blockchain & Crypto

UK Banking Regulator Requests Data on Crypto Exposure

British regulator wants local UK firms to provide information about their current and expected future crypto asset exposures as well as the application of the Basel framework for the prudential treatment of crypto assets.

Finance & Economics

Bank of England Keeps Interest Rates Steady

The Bank of England on Thursday, September 19, decided to keep interest rates at the same level.

Finance & Economics

UK Inflation Demonstrates Growth

In the United Kingdom, an increase in the inflation rate was recorded in July, which turned out to be lower than the preliminary expectations of experts interviewed by the media about the dynamic of this indicator and the forecast of the Bank of England.

Finance & Economics

Bank of England Reportedly to Kick Off Slow Cycle of Interest Rate Cuts

The media reports that currently, the dominant point of view among experts is that shortly the Bank of England is highly likely to warn investors that they should not bet on launching the process of consistently cutting interest rates if its policymakers decide this week on a sharp lowering of the cost of borrowing.

Finance & Economics

Bank of England Keeps Interest Rates at 5.25%

Last Thursday, June 20, the Bank of England, during its regular meeting, decided to keep interest rates at 5.25%.

Finance & Economics

UK Inflation Falls to 2%

In May, the United Kingdom’s inflation rate fell back against the Bank of England’s 2% target for the first time in almost three years.

Fintech & Ecommerce

Bank of England Urges UK Payment Companies to Upgrade Operational Resilience

Sasha Mills, executive director of Financial Market Infrastructure (FMI) at the Bank of England, said that much more needs to be done in the context of increasing cyberattack preparedness for companies that provide payment transaction services in the United Kingdom.

News

Morgan Stanley Predicts Bank of England to Cut Rates in May

Morgan Stanley experts say that there is still a possibility that next month the Bank of England will begin implementing a monetary policy easing strategy, under which interest rates will be cut.

News

Bank of England Governor Andrew Bailey Embraces AI

Governor of the Bank of England Andrew Bailey agrees with the opinion of the House of Lords that artificial intelligence should not be perceived as a risk to business.

Finance & Economics

Bank of England Opens Prospect of Rate Cuts in 2024

For the first time since the beginning of the coronavirus pandemic, the Bank of England opened the door to cut interest rates, confirming forecasts that the inflation rate will reach the target level in the coming spring, and warning of the likelihood of renewed price pressure.

Finance & Economics

Probability of Interest Rate Cut by Bank of England Grows

The Bank of England on Thursday, February 1, is likely to keep the interest rates at 5.25%, keeping this indicator within what can be described as sustainable stability.

Fintech & Ecommerce

Bank of England Says About Impact of Quantum Computers on Financial Markets

According to the vision of the Bank of England, super-powerful quantum computers can become a catalyst for significant innovations in financial markets.