Sterling treads water as markets look to Bank of England
The pound was little changed on Thursday as markets were focused on a raft of major central bank meetings that will culminate ...
London gold market queues up to borrow central bank gold after big shipments to US, sources say
London bullion market players are racing to borrow gold from central banks, which store bullion in London, following a surge ...
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Bank of England publishes blueprint for central bank digital currency
The Bank of England has published a Blueprint framework describing the way in which a digital version of the British pound ...
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Bank of England's new non-bank repos could defuse market crises
The Bank of England this week opened a new facility that will, in future market crises, offer repo financing directly to ...
UK banks clash with Bank of England over rules on loss-absorbing debt
UK Finance called for the central bank to go further by increasing the size threshold to £40bn-£50bn to take account of inflation since the rule was introduced in 2015. It also called for the active ...
Surprising UK pay growth could delay Bank of England’s interest rate cuts
The surge in wages, coupled with companies reducing their workforce, “muddies the picture” for the Bank of England in terms ...
Elections Impact on Bank of Canadas Independence
The independence of central banks from the democratic process has been a bedrock of economic policy for decades. The Bank of Canada is no exception ...
Bank of England launches emergency fund to prevent repeat of £45bn gilts crisis
The UK's central bank has launched an emergency lending facility to prevent a repeat of the hike in government borrowing ...
Recession fears grow with pressure on Bank of England to cut rates
Bosses in the private sector expect a "significant fall" in activity over the next three months, according to a survey by the ...
Remember the U.K. debt crisis under Liz Truss? Bank of England now has a formal process to handle it.
The Bank of England on Tuesday announced a new emergency measure to deal with debt-market instability like that seen during Liz Truss’s brief tenure as prime minister in 2022.