BoE

BoE keeps rates low and injects more QE into the economy

BoE keeps rates low and injects more QE into the economy

After July’s meeting on Thursday, the BoE announced historically low interest rates would be held at just 0.5% and that…

Will tomorrow’s news show UK growth or recession?

Will tomorrow’s news show UK growth or recession?

As recently as two days ago, the BoE was predicting a 0.1% growth in the GDP. However, today a policymaker…

Banks being warned against bonuses this year

Banks being warned against bonuses this year

The Bank of England has advised banks to bolster their finances by limiting the amount of bonuses this year and…

BOE Anticipates Requests for More Taxpayer Funds from UK Banks

BOE Anticipates Requests for More Taxpayer Funds from UK Banks

With the second credit crunch in the last decade threatening an already wavering UK economy, the Financial Policy Committee (FEC)…

BoE Halts an Aspect of Its Quantitative Easing Programme after Bond Prices Are Raised

BoE Halts an Aspect of Its Quantitative Easing Programme after Bond Prices Are Raised

In an unexpected and surprising move, the Bank of England (BoE) recently stopped buying bonds that have a 2017 maturity…

Confederation of British Industry warns BoE to resist printing money

Confederation of British Industry warns BoE to resist printing money

In a statement to Reuters, a spokesperson for the Confederation of British Industry said that it would be a mistake…

BoE stands ready for next round of QE as borrowing tops records

BoE stands ready for next round of QE as borrowing tops records

According to the latest statistics, government hit a record high for August borrowing due to an increase in spending. Public…

Unemployment Rates Pressuring Government to Act

Unemployment Rates Pressuring Government to Act

With the fastest rate in unemployment in two years, increased pressure is being put on government to stimulate economic growth….