Tag: Bank of England
Browse our exclusive articles!
British banks lift FTSE 100 after BoE raises rate
Shares in British banks rallied, lifting the blue-chip FTSE 100. This is after the Bank of England stunned investors with an interest rate hike. This is the...
BoE becomes first major central bank to raise rates since the pandemic
The Bank of England became the world’s first major central bank. They have raised the interest rates since the pandemic hammered the global economy....
BoE chief economist says UK inflation could top 5%
The Bank of England’s new chief economist, Huw Pill, said that inflation in Britain could surpass a 5%. The Financial Times reported this news. Pill told...
BoE ends closed door policymaker briefings with banks
The Bank of England will no longer hold off-the-record briefings between policymakers and individual private sector firms. This is because of the scrutiny over the links...
BoE says that new rules needed to cover risks from cloud computing
New rules will be needed to deal with operational risks from banks relying on outsourced ‘cloud’ computing from Amazon, Google, Microsoft etc., The Bank...