Bank Of England

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Boris Johnson: Has the immediate political scope to move either way on the negotiations. Photograph:   Will Oliver/EPA

The abrupt end of the latest round of talks between Britain and the European Union a day earlier than planned was not only surprising but perplexing. (...)

Andrew Bailey was selected as governor of the Bank of England in December

Bank of England governor Andrew Bailey said on Monday that the central bank should start to reverse its quantitative easing asset purchases before rai(...)

Last month the BoE said it would stop offering three-month loans under the programme

The Bank of England has said it will stop offering emergency sterling liquidity support to British financial institutions hit by the coronavirus cris(...)

Clothes stores were the hardest-hit category with sales down by more than 60 per cent.

British retail sales rebounded much more strongly than expected last month as the country gradually relaxed its coronavirus lockdown, but public borro(...)

The 325-year old central bank said it is reviewing its collection of images of past leaders.

Bank of England will remove portraits of former governors linked to the slave trade as protests across the globe sparked by the killing of George Floy(...)

The S&P 500 and the Dow were largely unchanged on Thursday as investors stayed on the sidelines amid an uptick in coronavirus infections in parts of the United States and an elevated level of weekly jobless claims.  Photograph:  Timothy  Clary/AFP via Getty Images

European shares closed lower on Thursday as a spike in Covid-19 cases in China and some US states triggered fears of a second wave of infections. And (...)

The Bank of England is using its bond-buying programme as its main policy tool as it tries to help steer Britain’s economy away from a record 25 per cent slump in March and April.

The Bank of England increased its bond-buying programme by £100 billion on Thursday as it sought to help steer the economy away from a record slump in(...)

A report by Accenture published on Wednesday predicted that cash usage would fall by an average of 30 per cent across Europe this year. Photograph: PA Wire

The pandemic is heralding a “permanent” shift in consumer spending, with increases in debit card and domestic transactions here to stay, according to (...)

The airline sector had a positive day, with Aer Lingus and Ryanair adding to their share prices

Stocks around the world surged on Tuesday as the prospect of historic monetary and fiscal stimulus revived hopes of an economic rebound from the Covid(...)

Photograph: iStock

UK jobless claims more than doubled to almost 3 million during the virus lockdown, when the closure of businesses across the country put people out of(...)

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