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Keywords: Bank of England


Bank of England proposes framework to strengthen trust in stablecoins

The Bank of England (BoE) unveiled on Monday new proposals aimed at boosting public confidence in stablecoins, cryptocurrencies designed to maintain a stable value by being pegged to traditional currencies. These digital assets, seen as a potential revolution in payments by bypassing traditional......

Markets certain Bank of England will cut interest rates next month

Financial markets now fully anticipate that the Bank of England will lower interest rates in May, driven by the evolving global economic impact of Donald Trump’s trade policies. On Tuesday, LSEG data initially showed an 82% probability of a rate cut from 4.5% to 4.25% on 8 May. However, that probability......

Inflation surges to a peak not seen in nearly a year: official data reveals

Inflation has seen a surprising surge, reaching its highest point in almost a year, according to official data. The latest report from the Office for National Statistics (ONS) reveals that inflation has spiked to 3% in January, up from 2.5% the previous month. Economists had anticipated a smaller increase......

UK Manufacturing Sector Faces Steepest Decline in Nearly a Year

British manufacturing experienced its sharpest contraction in 11 months this December, as revealed by a recent survey. Weak foreign demand, rising costs, and increased tax burdens drove manufacturers to scale back operations, including workforce reductions, signaling broader economic challenges. Declining......