Three cuts to interest rates expected in 2025 from the Bank of England, says Lloyds CEO Charlie Nunn
Lloyds Banking Group Chief Executive Charlie Nunn has said the lender expects three cuts to interest rates in 2025 from the ...
Bank of England’s PRA Gives Reeves Growth-Friendly Policy Ideas
The Bank of England’s regulatory arm set out a string of ideas that could meet the government’s call to boost economic growth ...
Bank of England's Bailey warns against risks from economic nationalism
Bank of England Governor Andrew Bailey called for the world's financial powers, led by the United States and China, to avoid ...
Traders bet on more Bank of England rate cuts in 2025 after data shocks
The disappointing retail data adds to the dim economic picture in the U.K. and to the challenges facing Finance Minister ...
How Trump's Pick for Treasury Secretary Once Helped Break the Bank of England
Trump Treasury Secretary Pick Scott Bessent once worked with George Soros, placing trades that bet against the pound, ...
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 ...
Bank of England should cut interest rates pre-emptively, says commitee member
Alan Taylor, the most recently appointed member of the Bank's monetary policy committee (MPC) said the UK is 'in the last ...
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 ...
Bank of England interest rates forecast could mean huge boost for millions
The fall in the headline rate of inflation from 2.6 percent to 2.5 percent was unexpected and positive news for the ...
Decision on Digital Pound Over Two Years Away, Bank of England Says
In January 2024, the BoE said a decision on whether to go ahead with a digital currency would not be made before 2025 at the ...
UK delays Basel bank rules by a year, EU says it's weighing options
The Bank of England said on Friday it would delay tougher bank capital rules by a year to January 2027 to get clarity on what ...