Rolling coverage of the latest economic and financial news, including the latest UK jobs report and the Bank of England’s interest rate decision ...

Andrew Bailey warns of a “triple whammy” of risks as AI companies now make up half of the U.S. S&P 500, up from a quarter in ...

The BoE scrapped individual holding caps for a £40 billion per-coin issuance limit and will let issuers hold more reserves in government debt.

The Bank of England on Thursday opted to hold its benchmark interest rate steady at 3.75%. In a statement, the Monetary Policy Committee expects inflationary pressure to remain as higher energy prices ...

LONDON, June 22 (Reuters) - The Bank of England on Monday eased proposed stablecoin rules following widespread concern they risked stifling development of a nascent sterling-backed market, though some ...

A $160 million deal to merge Hometown Financial Group subsidiaries and Primary Bank will lead to consolidation under a single ...

Bank of England governor Andrew Bailey told CNBC that should the Iran war energy crisis persist, the central bank may have to take action. His comments follow the bank's decision to keep its ...

The Bank of England has sounded the alarm over a sharp increase in artificial intelligence (AI) risks amid soaring stock ...