Bank of England
Get ready for tougher times, Bank of England tells banks
LONDON, July 20 (Reuters) - Investment banks need to prepare for tougher times ahead by properly checking the stability of their clients…
Bank of England tells banks to be ‘especially cautious’ with crypto
Bank of England Governor Andrew Bailey warned banks and other regulated financial firms on Monday that they should be "especially cautious" about…
Crypto assets are helping illegal activity, BoE’s Bailey says
Bank of England Governor Andrew Bailey said that the rise of crypto assets was helping illegal activity. "I'm afraid that the advent…
UK jobs hit record high as Bank of England weighs up rate hike
British employers increased their payrolls to a record high in September, shortly before the end of the government's wage subsidies scheme, potentially…
BoE says ‘stablecoin’ payments need same regulation as banks
The Bank of England said on Monday that payments with 'stablecoins' - a form of crypto-currency usually pegged to a traditional currency…
BoE’s Bailey hopes for ‘goodwill’ after Brexit transition ends
Bank of England Governor Andrew Bailey said he hoped a spirit of goodwill would prevail between Britain and European Union countries to…
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…
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…
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 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,…
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…
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…