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Bank accused of ‘political decision’ to hold interest rates
The Telegraph via Yahoo Finance· 14 hours agoThe Bank of England has been accused of making a “political decision” after holding interest rates...
Bank of England to keep rates at 16-year high before UK election
Reuters· 1 day agoBank of England Governor Andrew Bailey opened the door early last month to a rate cut, saying he was...
UK Public Debt Rises to Highest Since 1961 as Election Nears
US News & World Report· 39 minutes agoPublic sector net debt, excluding state-controlled banks, rose to 2.742 trillion pounds ($3.47 trillion) or 99.8% of gross domestic product in May, up from 96.1% a year earlier ...
Asian shares end the week with a whimper, yen back to intervention watch
Reuters via Yahoo Finance· 5 hours agoSYDNEY (Reuters) -Asian shares are ending the week with a whimper after a recent rally to 26-month...
European markets head for mixed open as UK awaits Bank of England's rate decision
CNBC· 1 day agoCommuters crossing a junction near the Bank of England (BOE), left, in the City of London, UK, on...
Bank of England accused of ‘penalising the young’ by keeping mortgage rates high
The Telegraph via Yahoo Finance· 2 days agoThe Bank of England is “penalising the young” by keeping rates on 95pc mortgages artificially high,...
Bank of England Holds Off on Rate Cut Despite Easing Inflation
The Wall Street Journal· 20 hours agoThe U.K. central bank mirrored the Fed’s cautious stance on inflation, but signaled it could join...
Bank of England set to hold interest rates despite inflation hitting 2% target
CNBC· 2 days agoMoney market pricing by 11 a.m. in London implied just a 5% probability of a reduction of the Bank...
UK public debt rises to highest since 1961 as election nears
Reuters via Yahoo News· 39 minutes agoPublic sector net debt, excluding state-controlled banks, rose to 2.742 trillion pounds ($3.47...
More than half of banking jobs could be automated by AI — but banks will be slow to adopt, Citi...
Business Insider via Yahoo Finance· 1 day agoHe cited a 2022 Bank of England survey, which found that "72% of firms reported using or developing...
