Bank of England

Bank of England governor Mark Carney: interest rates will rise

Bank of England (BoE) governor Mark Carney said that interest rates will rise in the "relatively near term." He told the…

UK jobless rate at 42-year low despite Brexit, but wage growth remains stagnant

UK unemployment fell by 75,000 in the three months to July to the lowest level in 42 years, but workers…

Animal fat won’t be removed from Bank of England notes despite public pressure

It has been more than a year since The Bank of England unveiled the new and improved £5 note. Cleaner,…

Spending on transport in the UK has fallen sharply — what’s behind it?

UK consumer spending fell for the third month in a row in July, the longest-running slump since February 2013, according…

Bank of England Super Thursday: 3 things to look out for today

The Bank of England’s Super Thursday meeting takes place today. This is when the UK’s central bank releases its quarterly…

Who is the new deputy governor of the Bank of England?

Sir Dave Ramsden, a senior civil servant, who has been at the Treasury for 29 years, was appointed the Bank…

Brexit: UK companies are increasing their advertising spending despite economic uncertainty

British companies increased their marketing budgets in the second quarter despite economic uncertainty resulting from the UK's decision to leave…

The Bank of England is walking a fine line on consumer credit

The Bank of England's Prudential Regulation Authority (PRA) has told lenders to demonstrate they are properly managing risks -- including consumer…

UK inflation falls back as Brexit loses its bite

The UK's inflation rate fell back in June, as many economists had predicted. Inflation -- as measured by the Consumer…

The Bank of England has warned negotiators a no deal Brexit would be bad for everyone

The Bank of England's semi-annual financial stability report, out today, has warned if the UK leaves the European Union without a…