Bank of England
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
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...
BOE ‘stands ready to act’ as it unanimously votes to hold rates
It has voted to leave rates unchanged at 3.75%
Bank of England moves to strengthen lenders' crisis readiness
It aims to improve lenders’ ability to convert assets into cash during stress events
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
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
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
UK minimum wage is raising youth unemployment, Bank of England’s Mann says
[LONDON] A sharp rise in Britain’s minimum wage for younger workers over the past three years has contributed to an increase in unemployment for that age group, Bank of England policymaker Catherine M...
Bank of England cautious about risks from expected dip in inflation
[LONDON] Bank of England chief economist Huw Pill said on Friday (Feb 6) that there was a risk that the central bank draws too much comfort from an expected fall in inflation in April, and that it was...
