Governor Andrew Bailey described it as a ‘finely balanced decision’ after MPC members were forced to hold a second vote.

The reduction is the fifth over the past year and brings borrowing costs down to their lowest since March 2023 ...

Bank of England warns surging food prices could push inflation to 4% - Governor Andrew Bailey says there is ‘genuine ...

Food price increases have been driven by rising key food commodities, higher employment costs and extended producer ...

UK interest rates have been cut by 0.25 percentage points to 4.00%, with concerns over economic weaknesses trumping rising ...

UK bonds risk being hit by a wave of forced selling by highly leveraged hedge funds, the Bank of England warned on Wednesday, underscoring the perilous market backdrop that threatens to turn ...

Bloomberg’s review of Bank of England data showed that despite four rate cuts since July last year and more likely to come, ...

Bank of England Governor Andrew Bailey sounds the alarm on privately-issued stablecoins and warns they can destabilize the financial system.

The Bank of England has completed its generational project to replace part of the UK’s critical infrastructure, which went unnoticed beyond the sector it underpins.

The UK central bank may scrap its digital pound amid skepticism and preference for bank payment innovations, Bloomberg reports.

The Bank of England has asked some lenders to test their resilience to potential U.S. dollar shocks, three sources said, the latest sign of how the Trump administration's policies are eroding ...

The Bank of England said on Wednesday it had fined payment systems firm Vocalink Ltd 11.9 million pounds ($16.19 million) for falling short of its obligation to have adequate risk management and ...