CDE News - Your News Feed - Bank of England

9th April 2020

Bank of England to temporarily finance UK government spending

The Bank of England has agreed temporarily to finance government borrowing in response to COVID-19 if funds cannot immediately be raised from debt markets, reviving a measure last used to…

Business, Coronavirus, Economy, News, UKBank of England, Coronavirus, UK

20th February 2020

New £20 note enters circulation in the UK

The new polymer £20 note is going to start appearing in ATMs and tills from today as it enters circulation. It features the artist JMW Turner - who became renowned…

Financial News, News, UK£20, Bank of England, UK

8th November 2019

Bank of England split on rates as it warns Brexit deal would hit growth

The Bank of England has warned that weak global growth and trade barriers created by the government's Brexit deal will hit the UK economy. It came as two Bank policymakers…

Brexit, Financial News, News, UKBank of England, BREXIT, Finance, UK

1st November 2019

UK will not appoint new BoE chief before December 12 election

Britain’s government will not name a successor to Bank of England Governor Mark Carney before a national election due on Dec. 12, a finance ministry official said. Earlier on Thursday,…

Banking, Financial News, News, UKBank of England, BoE, Elections, Mark Carney, UK

1st August 2019

BoE’s Carney warns of bankruptcy for firms that ignore climate change

Businesses that fail to adapt to climate change will go bust, warned Bank of England Governor Mark Carney. “Companies that don’t adapt - including companies in the financial system -…

Environment, Financial News, News, UKBank of England, Climate Change, Mark Carney

11th July 2019

BOE believes British banks can cope with no-deal Brexit

British banks hold enough capital to cope with a simultaneous disorderly no-deal Brexit and global trade war, the Bank of England said on Thursday as part of its half-yearly assessment…

Banking, Brexit, Financial News, The Brexit UpdateBank of England, BoE, BREXIT

21st June 2019

Bank of England Governor wants clarity on Brexit, 150,000 UK firms not fully ready for no-deal

Mark Carney, the Governor of the Bank of England, has said that a no-deal Brexit should be a choice taken with “absolute clarity” about what it would mean for Britain’s…

Brexit, News, The Brexit Update, UKBank of England, BREXIT, European Union, Mark Carney

29th May 2019

Bank of England Governor Carney considered a possible successor to Canada’s Trudeau

The Toronto Star reports that officials of Canada’s ruling Liberal Party are looking at Bank of England Governor Mark Carney as a possible successor to its current leader Prime…

Canada, NewsBank of England, Canada, Justin Trudeau, Mark Carney

24th May 2019

Facebook plans to launch its own cryptocurrency

Facebook is planning to launch its own cryptocurrency, dubbed GlobalCoin, in early 2020, allowing users to make digital payments in a dozen countries. GlobalCoin would enable Facebook’s 2.4 billion monthly…

Banking, Crypto Currencies, Facebook, NewsBank of England, Banking, Cryptocurrency, Facebook, GlobalCoin, Mark Zuckerberg