MUNICH/LONDON (Reuters) – Shares in Europe’s insurers fell sharply on Friday after the EU regulator said they should temporarily halt payouts to shareholders during the coronavirus epidemic, although Germany backed Allianz’s decision to go ahead with a dividen... More »
LONDON (Reuters) – The Bank of England said it was working with Britain’s finance ministry and international partners to protect the banking system and Britain’s economy from the impact of the spread of coronavirus. Investors globally have priced in more stimu... More »
MANCHESTER, England (Reuters) – Mathematician Alan Turing, who helped Britain win World War Two with his code-cracking but committed suicide after being convicted for homosexuality, will appear on the Bank of England’s next 50-pound banknote, the BoE said on M... More »
LONDON (Reuters) – Britain’s economy risks damage if Brexit is delayed beyond its latest Oct. 31 deadline because companies would continue to hold back on investment, Bank of England deputy governor Ben Broadbent was quoted as saying on Monday. “It’s pretty cl... More »
LONDON (Reuters) – Britain’s top central bankers held an unusual vote during their policy deliberations this week – to decide which country is most likely to win the World Cup taking place in Russia. Switzerland – which achieved an unexpected draw against five... More »
The Governor of the Bank of England, Mark Carney, holds a credit card as he speaks to guests during a meal at the ‘Future Forum 2017’ event in St George’s Hall, Liverpool, Britain November 16, 2017. REUTERS/Phil Noble LIVERPOOL, England (Reuters) – Bank of Eng... More »
New Bank of England Deputy Governor Dave Ramsden said on Tuesday he was in no hurry to vote for an interest rate hike because he saw little sign of inflation pressure building in Britain's labor market. More »
Members of the Bank of England interest rate setting committee were speaking in parliament on Tuesday. They also supplied statements to the Treasury Committee. Below are some of their comments: More »
FILE PHOTO: Governor of the Bank of England Mark Carney delivers a speech at the International Fintech Conference in London, Britain April 12, 2017. REUTERS/Neil Hall/File Photo Bank of England Governor Mark Carney poked fun at the drinking habits of one of hi... More »
Bank of England Governor Mark Carney leaves after speaking at 2017 Institute of International Finance (IIF) policy summit in Washington, U.S., April 20, 2017. REUTERS/Yuri Gripas Faced with Brexit unknowns, a national election and mixed economic data, Bank of ... More »
Workers walk to work during the morning rush hour in the financial district of Canary Wharf in London, Britain, January 26, 2017. REUTERS/Eddie Keogh British employers expect to offer less generous pay deals this year compared with 2016 despite rising inflatio... More »
A Chinook helicopter flies over the Bank of England in the City of London, Britain, November 3, 2016. REUTERS/Peter Nicholls The Bank of England scrapped plans to cut interest rates and said they could move in either direction as it ramped up its forecasts for... More »
A pile of one pound coins is seen in a photo illustration shot June 17, 2008. REUTERS/Toby Melville/Illustration/File Photo Bank of England Deputy Governor Ben Broadbent said the pound’s fall after Britain voted to leave the European Union has acted as an impo... More »
Bank of England Deputy Governor Minouche Shafik speaks during the bank’s quarterly inflation report news conference at the Bank of England in London August 13, 2014. REUTERS/Suzanne Plunkett Bank of England deputy governor Minouche Shafik will step down at the... More »
LONDON The Bank of England looks ready to cut interest rates for the first time since 2009 on Thursday, seeking to stop Britain’s vote to leave the European Union from kicking the country into recession. It may even go a step further and pump billions of pound... More »
NOTTINGHAM, England The Bank of England (BoE) is still more likely to raise interest rates than to cut them over the next two years, but it has plenty of scope to stimulate the economy if needed, one of the bank’s policymakers said on Tuesday. Martin Weale, in... More »
LONDON One of the Bank of England’s policymakers who is considered most likely to call for higher interest rates believes the need for tighter monetary policy is “slightly less immediate” because of slow pay growth and falling oil prices, a newspaper reported.... More »
