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The Bank of England (BOE), the UK's central bank, cut interest rates by 0.5 percentage points on Wednesday morning as part of an emergency response to the coronavirus, or COVID-19. A public ...
The Bank of England said it will take "all necessary steps" to mitigate the impact of the COVID-19 virus outbreak on the U.K. economy. Speaking Tuesday to the U.K. Treasury Select Committee ...
Governor Andrew Bailey says "interest rates remain on a gradual downward path" but cautions "the world is highly ...
The climate column: It is time for the grand old lady of Threadneedle Street to stand up for future generations' right to a stable climate and a restored natural world ...
The Bank of England has cut interest rates by 50 basis points to 0.25% as it anticipates a sharp, ... but the focus today will be on financial help related to the COVID-19 crisis. ...
Venezuela’s central bank is suing the Bank of England to access gold reserves that would help it ... supplies of key medical equipment as part of a global humanitarian response plan to Covid-19.
The Bank of England has raised its base rate of interest from 3.5% to 4% - the highest in 14 years - in an effort to combat inflation. ... Brexit, the energy crisis and Covid-19.
LONDON (AP) — The Bank of England raised interest rates to their highest level since late 2008 as it continues to combat stubbornly high inflation in the U.K. The decision on Thursday by the ...
Soaring natural gas prices are likely to drive consumer price inflation to 13.3% in October, the bank said. That will push Britain into recession later this year, bank forecasts show.
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