Browsing: Bank of England

The Bank of England is facing mounting pressure to cut interest rates in response to a slowdown in job vacancies…

In a significant policy shift, the Bank of England has revised its proposed plans for overhauling the UK banking system.…

The UK private sector economy experienced unexpected growth in August, surpassing forecasts despite prevalent tax concerns. This positive trend is…

The amount of mortgage debt accumulated by UK residents in July increased substantially, reaching levels not seen since November 2022.This…

Insolvencies in the UK have escalated, now exceeding levels seen during the financial crisis. This uptrend is largely attributed to…

Flagstone, a prominent UK fintech company, has achieved significant growth over the past 18 months.The firm’s assets under administration have…

Professor Alan Taylor, an esteemed economist from West Yorkshire, has been appointed to the Bank of England’s Monetary Policy Committee.His…

The United Kingdom’s economy has continued its recovery trajectory, expanding by 0.6 per cent in the second quarter of 2024.…

Andrew Bailey, Governor of the Bank of England, remains steadfast in his role despite facing significant challenges and criticism. Looking…

The Bank of England has reduced interest rates from 5.25% to 5%, marking the first cut since March 2020.The decision…