Search results
Jun 21, 2024 · The Bank of England (BoE) is the UK's central bank. Our mission is to deliver monetary and financial stability for the people of the United Kingdom.
Jun 20, 2024 · The Bank of England has opened the door to cutting interest rates in August in what would be the first drop in borrowing costs for more than four years.
Jun 17, 2024 · Here’s how it works: in 2009 the government asked the Bank of England to print tens of billions of new money and use it to buy bonds. The Bank had already reduced its interest rate almost to zero, but the bond-buying reduced borrowing costs even further; this was quantitative easing, or QE.
- Will Dunn
Jun 12, 2024 · Shadow chancellor Rachel Reeves has warned of the “dangers” of overhauling how the Bank of England pays interest to commercial lenders on their deposits, pouring cold water on an idea that...
5 days ago · June 30, 2024 at 5:58 PM PDT. Listen. 4:58. Twenty one years ago, Clare Lombardelli left the Bank of England as a junior macro-economist to pursue a career at the UK Treasury. She returns Monday ...