Sterling climbs off 1985 lows as markets rebound Sterling rebounded against the US dollar and euro amid a tentative rally in global markets today, climbing off more than three-decade lows against the greenback. Business • 20 Mar 20
Bank of England cancels annual stress test of banks The Bank of England said today it was cancelling this year's stress test of eight major banks and building societies to enable them to focus … Business • 20 Mar 20
Bank of England cuts UK interest rates again The Bank of England has cut interest rates to 0.1% and ramped up its bond-buying programme in its latest attempt to shield Britain's economy from … Business • 19 Mar 20
UK unveils £330 billion lifeline for firms hit by virus Britain said it would launch a £330 billion lifeline of loan guarantees and provide a further £20 billion in tax cuts, grants and other help … Business • 18 Mar 20
BoE boss Bailey promises more 'prompt action' if needed New Bank of England Governor Andrew Bailey promised that the bank would deliver further "prompt action" when needed to help Britain's economy weather the hit … Business • 16 Mar 20
Europe eases rules for banks, stress tests cancelled European Union banking regulators have delayed this year's stress test and eased some capital rules to avoid lenders turning off the taps to an economy … Business • 13 Mar 20
UK pledges 'whatever it takes' to protect economy New British finance minister Rishi Sunak announced a spending splurge to ward off the economic effects of coronavirus in his maiden budget today. Business • 11 Mar 20
More supports announced for virus-hit businesses New measures have been introduced by the Government and banks to help the lending environment for SMEs in the face of the coronavirus threat. Business • 11 Mar 20
UK economy flat-lined in January - ONS The UK economy flat-lined in January, contradicting other signs of a rebound after Prime Minister Boris Johnson's big election win, according to official data which … Business • 11 Mar 20
Sterling recovers against euro after UK rate cut Sterling fell against the euro this morning before regaining ground after the Bank of England cut interest rates by 50 basis points to 0.25%. Business • 11 Mar 20
Bank of England cuts rates in shock move over virus The Bank of England unexpectedly cut interest rates by half a percentage point to 0.25% this morning in a move to bolster Britain's economy against … Business • 11 Mar 20
The economic remedies - so far - for coronavirus Policymakers have taken a range of approaches to deal with the economic fallout from coronavirus, from emergency interest rate cuts and big spending packages to … Business • 06 Mar 20
Virus outbreak will cause 'disruption, not destruction' Bank of England Governor Mark Carney said policymakers around the world are working on a "powerful and timely" response to the economic hit from coronavirus … Business • 03 Mar 20
Sterling rises as Bank of England and EU talks in focus Sterling rose against the dollar and the euro today as the UK's fractious trade talks with the EU and expectations of rate cuts to counter … Business • 03 Mar 20
De La Rue unveils cost-cutting plans, reaffirms outlook De La Rue said today it plans to rein in costs at its currency division and invest more in polymer notes, as the struggling banknote … Business • 25 Feb 20
Carney says business must come clean quickly on climate Bank of England Governor Mark Carney called on the world's businesses to publish strategies for cutting carbon emissions and adopting cleaner power sources by November. Business • 14 Feb 20
Pound set for biggest weekly gain in a month Sterling extended its rally today for a second consecutive day following the Bank of England's decision to keep interest rates steady on signs of a … Business • 31 Jan 20
Bank of England keeps rates steady as it eyes pick-up The Bank of England kept interest rates steady today, saying signs that Britain's economy had picked up since December's election and that the global economy … Business • 30 Jan 20
Sterling steady ahead of Bank of England rate decision Sterling was broadly steady today ahead of a key Bank of England interest rate decision later this week that many analysts see as too close … Business • 27 Jan 20
UK jobs boom returns as Bank of England considers cut UK jobs growth was the strongest in nearly a year in the three months to November, according to data that could weaken the case for … Business • 21 Jan 20
Central banks announce cooperation on digital currency The European Central Bank, the Bank of Canada, the Bank of England, the Bank of Japan, Sveriges Riksbank and the Swiss National Bank have created … Business • 21 Jan 20
UK inflation hits more than three-year low UK inflation sank unexpectedly to a more than three-year low in December as hotels slashed prices, ramping up expectations that the Bank of England will … Business • 15 Jan 20
Pound down as slowing growth ups rate cut speculation Sterling extended losses today, slipping further below $1.30, after data showed Britain's economy grew at its weakest annual pace in more than seven years in … Business • 13 Jan 20
UK recovery 'not assured' despite reduced uncertainty The UK's economic recovery is "not assured" despite a drop in Brexit uncertainties, the Bank of England's outgoing governor Mark Carney said today. Business • 09 Jan 20
Sterling sags as investors re-focus on a no-deal Brexit The pound was weaker on Thursday as the euphoria of December's election gave way to anxiety over the risk of a no-deal Brexit at the … Business • 02 Jan 20
