News

The Bank of England (BoE) lowered its key interest rate ... or 7% of GDP. While nearly 70% of UK exports to the US are services, which would not be directly affected by goods tariffs, the BoE ...
(Reuters) - The Bank of England on Thursday allotted a record 62.509 billion pounds ($80.94 billion) in seven-day funds in its weekly short-term repo operation, higher than a previous record of 61 ...
The Bank of England kept interest rates on hold, as it wrestles with faltering growth, rising inflation and the threat of U.S. tariffs. The U.K. pound and Treasury yields pared some declines after ...
Founded in 1694, the Bank of England (BoE) is the central bank of ... This also impacts the value of the Pound Sterling (GBP). Andrew Bailey has been the Governor of the BoE since March 2020 ...
The British Pound rose after the Bank of England held interest rates and warned further cuts were conditional. The Bank’s Monetary Policy Committee (MPC) voted by a decisive 8-1 majority to hold rates ...
At 12:00 GMT, we got the decision we were expecting - the Bank of England held interest rates ... we've seen a small dip in the value of the pound. The pound was worth $1.295 a short time ago ...