Keywords: Bank of England


UK inflation expectations fall further in July, easing pressure on Bank of England

Public expectations for future inflation in the United Kingdom continued to decline in July, according to a new survey, offering a potential signal of easing price concerns for the Bank of England as it evaluates the country's economic outlook. The latest survey from Citi and polling firm YouGov......

Sterling holds firm as Andy Burnham prepares to become UK prime minister

The British pound traded in a narrow range on Monday as financial markets monitored a major political transition in the United Kingdom, with Andy Burnham set to succeed Keir Starmer as prime minister. Currency traders showed little immediate reaction to the leadership change, instead focusing on the......

Sterling remains near two-month peak as UK fiscal worries ease

The British pound remained close to its strongest level against the U.S. dollar in more than two months on Thursday, supported by improving market sentiment over the United Kingdom’s fiscal direction and reduced concerns about government spending plans. Sterling traded slightly lower against the......

Venezuela urges King Charles III to release frozen gold reserves for earthquake recovery

Venezuela's interim president Delcy Rodríguez has appealed to King Charles III to facilitate the release of approximately 30 tonnes of Venezuelan gold held at the Bank of England, arguing that the assets are urgently needed to finance reconstruction efforts following the country's devastating......

Bank of England warns artificial intelligence could pose growing risk to financial stability

The Bank of England has warned that the rapid expansion of artificial intelligence could create new risks for financial stability, as investors increasingly place large bets on the technology while banks become more exposed to potential cyber threats. In its latest half-yearly assessment of risks facing......

UK services sector contracts at fastest pace since 2023 as Iran conflict weighs on Economy

Britain's services sector contracted for a second consecutive month in June, with business activity falling at its fastest pace since early 2023 as the economic effects of the conflict involving Iran continued to weigh on companies. The latest S&P Global Services Purchasing Managers' Index......

Bank of England revises stablecoin framework to encourage innovation in digital finance

The Bank of England has unveiled a revised regulatory framework for stablecoins, introducing several adjustments designed to support innovation while maintaining financial stability in the rapidly evolving digital payments sector. The updated policy reflects growing interest in sterling-backed stablecoins......

UK stocks fall ahead of Bank of England interest rate decision

British stock markets declined on Thursday as investors adopted a cautious stance ahead of the Bank of England’s upcoming interest rate decision, while also reacting to global monetary policy signals and corporate earnings updates. The benchmark FTSE 100 index fell by around 0.9%, while the FTSE......

Bank of England policymaker signals support for keeping interest rates unchanged

A senior policymaker at the Bank of England has indicated that current interest rates remain appropriate for the British economy, suggesting that no immediate increase is necessary despite ongoing inflation concerns linked to international developments. Alan Taylor, a member of the Bank of England's......