The Bank of England is expected to cut interest rates next week - sparking a series of reductions in 2025. The bank is set to drop them from 4.75% to 4.5%, in a move that could shake up savings ...

The Bank of England has vowed to slash “bureaucratic” red tape and unleash a “leaner, meaner” City with more appetite for risk. Sam Woods, head of the Prudential Regulation Authority (PRA ...

Founded in 1694, the Bank of England (BoE) is the central bank of the United Kingdom (UK). Known as ‘The old lady of Threadneedle Street’, the bank’s mission is "to promote the good of the ...

Net zero policies are sharply driving up energy costs, the Bank of England has admitted, as officials battle to bring living costs back under control. Sarah Breeden, the Bank’s deputy governor ...

The Bank of England and HM Treasury are in the design phase for the creation of a digital pound or central bank digital currency. A consultation paper outlined the framework as a precursor to a ...

If it all comes unstuck, they get hauled over the coals. Spare a thought, then, for the Bank of England and its Prudential Regulation Authority, currently under pressure to cut red tape.

A member of the Bank of England's monetary policy committee (MPC) has called for interest rates to be cut "pre-emptively" to get the UK economy back on track. The committee will make its next ...

Minouche Shafik, the former Bank of England official who quit her role at New York’s Columbia University last summer after criticism of her handling of campus protests over the war in Gaza ...