Non-EU banks operating in the UK could face tougher regulations and restrictions in order to prevent a repeat of the 2008 financial crisis. The Bank of England hopes to establish new rules forcing non...
After July’s meeting on Thursday, the BoE announced historically low interest rates would be held at just 0.5% and that they would be injecting another £50 billion into a struggling economy. This c...
As recently as two days ago, the BoE was predicting a 0.1% growth in the GDP. However, today a policymaker for the Bank of England is now saying figures ‘could’ show a slight decline in growth. Th...
The Bank of England has advised banks to bolster their finances by limiting the amount of bonuses this year and Chancellor George Osborne has given a warning that this advice needs to be heeded. With...