Bank of England

UK public inflation expectations fell in April: survey

[LONDON] Britons’ short-term and long-term inflation expectations fell in April, in a surprise reading from a monthly survey by YouGov for US bank Citi, which said the data did not give the Bank of En...

The Bank of England seeks to de-emphasise its central inflation forecast after being criticised for underestimating the size and persistence of inflation.

BOE set to stress test longer energy shock while holding rates

Its monetary policy committee is expected to leave borrowing costs on hold at 3.75% on Thursday

The BOE has said that it is shifting away from depicting historical figures on its banknotes to showing British wildlife.

An unexpected benefit of UK banknote innovation: Britons eat less cash

The number of damaged notes – especially those that have been ‘chewed or eaten’ – is down substantially

Various central banks, including the US Federal Reserve, have opted to keep interest rates steady.

Central banks stand ready to tackle war-led inflation

[LONDON] Top central banks said on Thursday they stood ready to tackle any surge in inflation with tighter policy, as an escalation in the Iran war put the Middle East’s vital energy infrastructure in...

The BOE proposals include requiring banks to conduct internal stress tests on how they would react to rapid outflows within a week.

Bank of England moves to strengthen lenders' crisis readiness

It aims to improve lenders’ ability to convert assets into cash during stress events

The BOE has been criticised for underestimating the inflation surge after Russia's invasion of Ukraine in 2022.

Bank of England sheds senior staff as 75 get top £150,000 payout

As part of cost-cutting efforts, 8% will depart in the coming months

Donald Trump has flip-flopped from saying the war could end “very soon” to claiming the US has “plenty of time” as it pounds targets from the skies.

World’s top central banks are about to confront fresh inflation threat as war jolts oil

Much hinges on how long the conflict lasts, something markets are struggling to gauge

Before conflict erupted in the Middle East, the Bank of England (above) had expected inflation to fall to its 2% target during the March-to-May period.

Bank of England hit by 5% inflation risk from war in Iran

An economist says that the doubling in natural gas prices alone will add 3 percentage points