The bank said it was focused on risks from a weaker labor market and higher energy prices as conflict in the Middle East ...

Bank of England seeks applications for £200K CBDC wallet prototype The Bank of England is seeking applications for a sample wallet for a Central Bank Digital Currency. 12 December 2022 5 comments ...

The Bank of England and European Central Bank both held their benchmark rates steady. Even though inflation has been slowing, they gave no indication of when rates would start to come down.

The Bank of England cut interest rates Thursday for the first time since the start of the pandemic, providing some relief to households squeezed by the highest borrowing costs in 16 years.

The Bank of England cut interest rates as expected on Thursday, but policymakers said it would take longer for inflation in Britain to return to the bank’s 2 percent target after the new ...