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
Sterling on track for fourth week of gains in a row Sterling edged higher on Friday and was on track for its fourth consecutive week of gains against the dollar, after the Bank of England avoided … Business • 05 Feb 21
Bank of England keeps rates & bond programme unchanged The Bank of England kept its stimulus programme unchanged today as Britain makes progress with its Covid-19 vaccination programme which could lead to an easing … Business • 04 Feb 21
Cannabis factory found close to Bank of England The City of London's first ever cannabis factory has been discovered close to the Bank of England as criminals take advantage of the Square Mile's … Business • 20 Jan 21
UK inflation up on travel costs in December British inflation gathered speed in December as a temporary easing of Covid-19 travel restrictions helped to push up air and sea fares and a rise … Business • 20 Jan 21
UK economy shrinks by 2.6% in November Britain's economy shrank in November for the first time since the initial Covid-19 lockdown last spring, hit by a tightening of social-distancing rules. Business • 15 Jan 21
Sterling jumps as BoE puts 'dampener' on negative rates Sterling jumped higher against the euro and the dollar today as comments from the Bank of England's governor on the viability of negative interest rates … Business • 12 Jan 21
UK retail sales fell in November due to lockdown UK retail sales fell sharply last month when a four-week lockdown in England closed stores which sold non-essential goods to the public, official figures showed … Business • 18 Dec 20
Sterling rises above $1.36 on renewed Brexit hopes Sterling rallied to above $1.36 today, building on a two and a half high against a struggling dollar as reports of progress in Brexit trade … Business • 17 Dec 20
No changes from Bank of England before Brexit endgame The Bank of England kept its stimulus programme unchanged today as it awaited the outcome of Britain's trade deal talks with the European Union. Business • 17 Dec 20
Bank of England readies plans to deal with Brexit The Bank of England took steps today to keep banks lending through 2021 as Britain grapples with the Covid-19 pandemic and braces for any market … Business • 11 Dec 20
Bank of England to probe possible leak of QE decision The Bank of England increased its already huge bond-buying stimulus today by a further £150 billion as it sought to cushion the UK's struggling economy … Business • 05 Nov 20
Bank of England asks about readiness for negative rates The Bank of England asked UK banks today for information about their readiness for the possibility of zero or negative interest rates. Business • 12 Oct 20
