The new £20 banknote featuring artist JMW Turner has been described by the Bank of England as its most secure note yet.
Bank of England
A new £20 banknote featuring artist JMW Turner will start to appear in ATMs and tills from Thursday as it enters circulation.
Bank of England boss Mark Carney has said the economic impact of the coronavirus in the UK is “containable”, but warned that the hit to China’s growth is set to be worse than seen during the Sars outbreak.
The Bank of England has delivered a blow on the eve of Brexit by slashing its UK growth forecasts, but held off from cutting interest rates amid signs of a recent pick-up in the economy.
Just one in five UK financial services firms have a well-developed strategy to manage the risks of climate change, according to a new report.
Bank of England policymakers will deliver their verdict on interest rates on Thursday in a “knife-edge” decision following recent speculation a cut could be on the cards.
Bank of England policymakers will gather for a “knife-edge” decision on interest rates this Thursday following recent speculation a cut may be on the way.
The FTSE 100 continued its rebound as the major European markets all shook off fears over the coronavirus.
A senior official at the Financial Conduct Authority (FCA) has been chosen to fill the shoes of chief executive Andrew Bailey when he leaves to become Bank of England governor later this year.
The Bank of England has joined forces with a raft of global counterparts to look at the case for launching their own digital currencies.
New employment figures are likely to take some of the pressure off the Bank of England to slash interest rates next week, analysts have said.
Outgoing Bank of England governor Mark Carney has been given a key role as an adviser to Boris Johnson for major UN climate talks in the UK this year.
Lenders tightened their credit scoring criteria and chopped zero-interest periods on new credit card lending towards the end of 2019, a Bank of England survey has found.
Britain risks facing “sluggish” growth for the next year or two and interest rates would need to be cut swiftly if action is needed, a Bank of England policymaker has warned.
Bank of England boss Mark Carney has said policymakers are mulling over the possibility of an interest rate cut, and stressed action would be “prompt” if the economy remains under pressure.
Nearly 50 million plastic £5 and £10 notes have had to be replaced since they were launched by the Bank of England due to wear and damage, according to new figures.
Brexit uncertainty among business leaders was lifted following the general election result last month but concerns remain, according to a new survey by the Bank of England.
The Bank of England’s outgoing boss Mark Carney spent nearly £100,000 on a summer bash for staff in his last Governors’ Day party before handing over the reins.
The outgoing governor of the Bank of England has warned firms that their assets could become “worthless” if they do not wake up to the climate crisis.
The City broadly welcomed the appointment of Andrew Bailey to the governor job at the Bank of England.
Andrew Bailey becomes the 121st man – there has yet to be a woman – to take over at the Bank of England since it was founded in 1694.
New Bank of England Governor Andrew Bailey may not be a household name, but it is fair to say his name has certainly been in virtually every home in the country.
Andrew Bailey, the head of the Financial Conduct Authority (FCA), has been announced as the next governor of the Bank of England.
Andrew Bailey, the head of the Financial Conduct Authority, is set to be announced as the next governor of the Bank of England, it has been reported.
The Bank of England’s European counterparts warned three months ago that traders were attempting to stream central bank press conferences faster than rivals to gain vital seconds.
The Bank of England has held interest rates at 0.75% but kept the door firmly open to a cut if Brexit uncertainties and global growth fears do not let up.
The Bank of England is expected to keep interest rates unchanged on Thursday in its first meeting since Boris Johnson’s election victory, despite growth flat-lining in Britain’s Brexit-battered economy.
The Bank of England has referred an “unacceptable” use of its audio feed of press conferences to the City watchdog after it emerged that hedge funds could have profited by listening in seconds ahead of rivals.
Britain’s biggest banks and insurers will be tested on a range of climate change scenarios to find any cracks in their preparations for global warming.
Economists have said that continued low inflation will give consumers “further cheer” over Christmas, as it continues to sit significantly below wage growth.