Tougher Regulations Proposed...

February 28, 2014

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...

BoE keeps rates low and inje...

July 05, 2012

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...

Will tomorrow’s news show...

April 24, 2012

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...

Banks being warned against b...

December 08, 2011

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...

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