What is happening in the gold vaults at the Bank of England?
The four-to-eight-week waiting time to get gold out means that a discount in gold held at the BoE — known in the market as ...
UK economy ekes out modest growth in final quarter of 2024 after strong December
The British economy managed to eke out quarterly growth of 0.1% in the final quarter of 2024 following a stronger than ...
Exclusive: Bank of England's Pill 'cautious' about further rate cuts
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Bank of England's Bailey warns of backlash against regulation
The cost of the 2008 global financial crisis (GFC) should not be forgotten during a backlash against the burden of financial ...
Bank of England to Cut Interest Rates Only Twice More, NIESR Predicts
Despite this, NIESR says BoE only has scope to cut rates by a further quarter point this year and once more in 2026, lowering ...
Bank of England's Mann: Bigger Rate Cut Was Needed to 'Cut Through the Noise'
Mann was one of two members of the BoE's Monetary Policy Committee who last week voted for a half-point cut in interest rates ...
BOE Key Rate Should Remain ‘Well Above’ Neutral, Mann Says
The Bank of England should continue to restrain economic activity to ensure that households and businesses don’t act in ways ...
BOE’s Greene Says Key Rate Must Remain Restrictive to Tame Inflation
Supply constraints rather than soft demand caused recent weakness in the U.K. economy, suggesting to BOE member Megan Greene ...
Bank of England's Bailey says world should not forget lessons of 2008 crisis
The cost of the 2008 global financial crisis (GFC) should not be forgotten during a backlash against the burden of financial ...
British bank Barclays posts 2024 pretax profit hike, launches £1 billion share buyback
British bank Barclays posted a rise in full-year pre-tax profit that came in just ahead of analyst expectations, while also ...
Bank of England Chief Economist Says Some Colleagues ‘Rushing’ to Cut Rates
Bank of England Chief Economist Huw Pill pushed back against colleagues voting for a large interest rate cut, arguing that ...
Stronger economic growth adds to conundrum for Bank of England
The UK economy eked out some growth in the final quarter of last year largely helped by a surge in activity in December, data from the ONS showed on Thursday. With the market expecting a contraction, ...