Deputy governor stresses ‘upside risks’ to inflation and argues for cautious approach to further interest rate cuts ...

MILLIONS of households will breathe a sigh of relief next week as interest rates are expected to be cut further. The Bank of ...

Bank of England Governor Andrew Bailey said eliminating interest rate risk from the public sector was a key goal of its ...

The central bank has invited employees to volunteer for potential layoffs under a time-limited redundancy scheme.

The Bank of England will cut interest rates by a quarter point to 3.75% on December 18, according to all economists polled by ...

The Bank of England is planning to reduce head count as its finances become strained by the cost of implementing the modernizations recommended by Ben Bernanke.

Andrew Bailey told the UK Covid-19 Inquiry that policymakers would have benefited from having easier sight of data, such as ...

The Bank of England has embarked on a cost-cutting drive, reducing headcount and closing one of its London offices to free up ...

We expect further cuts next year too, eventually taking interest rates back towards 3 per cent” – Luke Bartholomew, Aberdeen ...

The Bank of England has issued a warning to its workforce over job cuts but stressed the scheme is "entirely voluntary".

The Bank of England has warned of a "sharp correction" in the value of major tech companies with growing fears of an ...

The Bank of England needs to cut jobs in order to improve its forecasts and ramp up investment in outdated technology ...