[ad_1] L ondon’s top index inched higher as the pound sank to its lowest for 10 weeks.Sterling has been on a downward path over the past week amid fresh speculation…
Tag: Bank of England
Brexit set to hurt UK investment for years – BoE’s Haskel
[ad_1] BIRMINGHAM, England (Reuters) – British business investment will probably stay weak for the next few years because of uncertainty linked to Brexit, a Bank of England interest-rate setter said,…
UK watchdog sees no big divergence from EU securities market rules
[ad_1] LONDON (Reuters) – Britain will only diverge from European Union securities rules in “exceptional” circumstances given that the UK played a key role in shaping them and still supports…
New UK lending scheme to be funded by BoE money creation – Bailey
[ad_1] Bank of England Governor Andrew Bailey poses for a photograph on the first day of his new role at the Central Bank in London, Britain March 16, 2020. Tolga…
Oil prices fall on weak economic data, interest rate worry – ET EnergyWorld
[ad_1] U.S. crude inventories fell by 6.1 million barrels in the week to Aug. 18 to 433.5 million barrels, compared with analysts’ expectations in a Reuters poll for a 2.8…
UK workers still await wage bounce despite jobs boom
[ad_1] By William Schomberg, David Milliken LONDON (Reuters) – British wage growth remains sluggish despite another surge in job creation, official data showed on Tuesday, leaving the Bank of England…
Half of all indebted businesses will be struggling by end of this year, Bank of England warns
[ad_1] He told the Telegraph: “Inheritance tax could be abolished within the margin of the OBR’s 20pc quarterly error with billions to spare.” Calls from backbenchers for tax cuts are…
UK faces reckoning over US$3.4 trillion debt pile
[ad_1] LONDON: From the financial crisis to Russia’s invasion of Ukraine, Britain has borrowed and spent its way out of every jam. The bill for that is becoming a worry…
UK’s Javid says no need to extend Carney’s term at BoE: Bloomberg
[ad_1] FILE PHOTO: Governor of the Bank of England Mark Joseph Carney makes remarks during a “Governor Talks” session of the IMF and World Bank’s 2019 Annual Meetings of finance…