Bank of England

Mounting pressure on banks to block £7.5bn dividends

Sir John Vickers, former chairman of the Independent Commission on Banking, has called upon the Bank of England to block more than £7.5 billion of dividends to be paid out by banks.

Published 27 March 2020

BoE launches liquidity plan to ensure lenders have enough money

The Bank of England has launched its emergency liquidity scheme to make sure banks have enough cash, as it warned that immediate disruption from the pandemic could be more severe than its banking stress tests.

Published 25 March 2020

Bank of England slashes interest rates again amid coronavirus measures

The Bank of England has announced a second cut to interest rates amid a series of measures in response to the coronavirus pandemic.

Published 20 March 2020

Bank of England considers roll-out of electronic banknotes

The Bank of England is considering introducing electronic banknotes for use by consumers and businesses.

Published 16 March 2020

BCC: Bank of England interest rate cut will support economy at 'delicate moment'

The British Chambers of Commerce (BCC) has welcomed the Bank of England's decision to cut interest rates, saying that the "decisive action" will "support the economy at this delicate moment".

Published 11 March 2020

Finance ministers prepare to deal with Coronavirus impact

Finance ministers from the G7 group of nations have said that they will use "all appropriate policy tools" to handle the economic impact of coronavirus.

Published 4 March 2020

New polymer £20 note with JMW Turner enters circulation

A new polymer £20 note featuring artist JMW Turner has entered circulation for the first time, the Bank of England has announced.

Published 20 February 2020

Bank of England holds interest rate

Despite anticipations of a rate cut, the Bank of England has not cut its interest rates, holding the rate at 0.75%.

Published 30 January 2020

Decrease in inflation increases raises prospects of interest rate cut

The UK's inflation rate decreased to its lowest point for more than three years in December, adding weight to the notion that interest rates could be cut.

Published 15 January 2020

Bank of England: Consumer credit card debt drops for the first time in six years

For the first time in six years, consumers have repaid more credit card debt than they have borrowed, according to new data collected by the Bank of England. 

Published 7 January 2020

FCA and BoE announce proposals for data reforms across financial sector

The Financial Conduct Authority (FCA) and the Bank of England (BoE) today outlined their proposals for data reforms across the UK financial sector.

Published 7 January 2020

Andrew Bailey appointed as Bank of England governor

Andrew Bailey, the current chief executive of the Financial Conduct Authority (FCA), has been appointed as the next governor of the Bank of England.

Published 20 December 2019

And finally... printer out of paper

De La Rue, the world's largest printer of money is running out of money.

Published 6 December 2019

UK SME's are set to miss out on £4bn in lost interest

Small and medium-sized businesses (SMEs) in Britain are set to miss out on £3 billion in lost interest over the next year, according to new research.

Published 3 October 2019

FCA confirms new rules for open-ended funds

The Financial Conduct Authority (FCA) has confirmed new rules which apply to certain types of open-ended fund investing in inherently illiquid assets such as property.

Published 1 October 2019