Sterling sees biggest weekly gain since May Sterling rose today and was set for its biggest weekly gain against both the dollar and the euro since May, boosted by a combination of … Business • 15 Oct 21
Cryptocurrency crash 'plausible', Bank of England says A collapse in cryptocurrencies is a "plausible scenario" and rules are needed to regulate the fast-growing sector as a "matter of urgency", Bank of England … Business • 14 Oct 21
Markets could face correction, Bank of England warns The high value of financial assets could correct sharply if investors reassess the prospects for the economy's recovery from Covid-19 and there are signs of … Business • 08 Oct 21
UK economy grew more strongly than thought in Q2 Britain's economy grew by more than previously thought in the second quarter before what looks like a sharp slowdown more recently as post-lockdown bottlenecks, including … Business • 30 Sep 21
Bank of England keeps interest rate unchanged at 0.1% The Bank of England said inflation would rise above 4% later this year, and two policymakers called for an early end to the bank's quantitative … Business • 23 Sep 21
UK retail sales fall unexpectedly in August - ONS British retail sales volumes fell 0.9% last month to stand unchanged from a year earlier, the Office for National Statistics said today. Business • 17 Sep 21
Bank of England leaves interest rates unchanged The Bank of England kept the size of its bond-buying programme unchanged and held its benchmark interest rate at a historic low of 0.1% today, … Business • 05 Aug 21
UK hiring surged in June as economy bounces back The number of employees on British company payrolls surged by the most since the start of the Covid-19 pandemic, according to data which painted a … Business • 15 Jul 21
UK inflation jumps to 2.5% in June British inflation rose further above the Bank of England's target in June when it hit 2.5%, up from 2.1% in May, official data showed today. Business • 14 Jul 21
Bank of England scraps Covid curbs on bank dividends The Bank of England scrapped pandemic-era curbs on dividends from HSBC, Barclays and other top lenders with immediate effect today, saying its stress test showed … Business • 13 Jul 21
Bank of England takes action against Euroclear The Bank of England said today it had started supervisory action against Euroclear UK and Ireland over an outage last September of its CREST financial … Business • 25 Jun 21
Bank of England sees inflation peaking at over 3% The Bank of England increased its forecast for inflation to rise further above its 2% target, saying it was now likely to peak above 3% … Business • 24 Jun 21
Bank of England launches climate stress test for banks The Bank of England today set out its first comprehensive stress test of the ability of the British financial system to cope with climate change, … Business • 08 Jun 21
UK construction surges at fastest rate since 2014 - PMI British construction activity surged in May at the fastest rate in nearly seven years, fuelled by a record increase in new orders as coronavirus lockdown … Business • 04 Jun 21
BoE could raise interest rates in first half of 2022 The Bank of England could raise interest rates as soon as the first half of next year if the job market bounces back faster than … Business • 27 May 21
UK inflation more than doubles to 1.5% in April UK consumer price inflation more than doubled in April to stand at 1.5%, up from 0.7% in March, official figures showed today. Business • 19 May 21
Bank of England to slow bond-buying, but ups forecast The Bank of England said it would slow the pace of its bond-buying as it sharply increased its forecast for Britain's economic growth this year … Business • 06 May 21
Bank of England digital currency taskforce launched Britain stepped up efforts today to look at the case for a digital pound in response to the challenge posed by cryptocurrencies such as bitcoin, … Business • 19 Apr 21
Bank of England's chief economist Haldane to leave The Bank of England said today that its chief economist Andy Haldane will leave the bank later this year to become chief executive of the … Business • 13 Apr 21
UK inflation rate unexpectedly drops in February UK inflation unexpectedly fell last month, reflecting the biggest annual drop in clothing prices since 2009 and cheaper second-hand cars, toys and computer games Business • 24 Mar 21
Bank of England keeps rates & bond-buying plan on hold The Bank of England said there were signs that Britain's economy was recovering from its Covid-19 slump but it stressed the outlook remained unclear, dampening … Business • 18 Mar 21
Sterling knocked back by inflation fears and bond rout Sterling fell against a stronger dollar today, retreating from a three-year high touched earlier this week, as a rout in global bond markets sent yields … Business • 26 Feb 21
Sterling hits highest level against euro in a year Sterling jumped above $1.42 today, coming within touching distance of $1.43, while also reaching a year's high against the euro as analysts retained their bullish … Business • 24 Feb 21
Barclays resumes dividend payouts as 2020 profit halves Barclays' annual profit in 2020 fell by half, much less than feared as a strong performance by its investment bank offset provisions against bad loans … Business • 18 Feb 21
UK inflation rises to three month high of 0.7% - ONS British inflation rose a little more than expected in January as the country went back into a coronavirus lockdown, pushed up by higher food prices … Business • 17 Feb 21
