Interest rates

UK households prepare for interest rate hikes

Financial information and services company Markit released its latest Markit Household Finance Index (HFI) for the UK on Wednesday, which revealed that British households expect a rise in the Bank of England base rate before the end of the year. […]

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Bank of England

Bank of England reports lowest level of inflation for two decades

The UK's central bank, the Bank of England, released its Inflation Report for February

Bank of England

Bank of England declares results of first concurrent stress testing exercise of UK banking system

Eight major UK banks and building societies have participated in the first concurrent stress testing exercise of the UK banking system, the results of which Britain's central

Bank of England

Participants in Lending Scheme Extension make draw downs of £3.2bn in Q2

Draw downs of GBP3.2bn were made by nine of the 36 groups participating in the Bank of England and HM Treasury Funding for Lending Scheme (FLS) Extension during

Bank of England

New entry requirements for UK financial institutions increase competition and benefit customers

The Bank of England, which stands at the centre of the UK's financial system, revealed on Monday that financial service industry regulators the Prudential Regulation Authority (PRA) and

Bank of England

Bank of England proposes measures for short term risks in UK housing market

The Bank of England, the central bank of the UK, reported on Thursday that it made recommendations for the implementation of loan-to-income ratio limit for mortgage

Bank of England

Bank of England improves resilience to cyber attacks with new CBEST framework

A new framework that will help identify areas where the financial sector could be vulnerable to sophisticated cyber-attack was formally launched by Andrew Gracie, executive director,

Bank of England

Bank of England maintains Bank Rate at 0.5%

The Bank of England announced on Thursday that its Monetary Policy Committee (MPC) has voted to keep the Bank Rate at 0.5%. Under the Bank's Forward Guidance policy, the

five pound note

Bank of England to issue plastic five and ten pound banknotes from 2016

UK banknotes will be printed on polymer, a flexible plastic film, instead of cotton paper, the Bank of England revealed on Wednesday.
New GBP5 polymer banknotes will

Bank of England

Improvement in UK unemployment and economic output

The Bank of England's (BoE) Monetary Policy Committee (MPC) published today the minutes from the October rate-setting meeting. The Committee voted unanimously in favour of the Bank Rate

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