Bank of England rate hike warning spooks markets
The Bank of England (BoE) on Thursday froze interest rates at 0.5 percent, but warned borrowing costs could rise more quickly than expected to bring down inflation, sparking fresh turmoil in the markets.
Feb 09, 2018, 00:31 AM IST
IMF warns of economic risks from Brexit
The International Monetary Fund on Friday warned that Britain's potential exit from the European Union posed a "significant downside risk" to the economy.
May 13, 2016, 17:47 PM IST
Bank of England holds interest rate at 0.50%
The MPC "voted by a majority of 8-1 to maintain Bank Rate at 0.5 percent", the BoE said.
Aug 06, 2015, 19:06 PM IST
Bank of England admits to researching 'Brexit' risks
The Bank of England has revealed that it is researching the economic risks of Britain leaving the European Union, just as Prime Minister David Cameron began negotiations with EU leaders ahead of a referendum on membership.
May 23, 2015, 09:38 AM IST
UK`s top four lenders pass stress tests: Bank of England
Britain`s four biggest lenders have passed the Bank of England`s stress tests, which are designed to show their ability to withstand a new economic crisis, the central bank said on Tuesday.
Dec 16, 2014, 13:02 PM IST
Bank of England holds rate as inflation risk remains
The central bank`s monetary policy committee (MPC) opted also on Thursday to maintain its cash stimulus, or quantitative easing, at £375 billion ($587 billion, 477 billion euros).
Dec 04, 2014, 19:17 PM IST
Bank of England says keeps interest rate at 0.50%
"The Bank of England`s MPC ... today voted to maintain bank rate at 0.5 percent," it said in the statement.
Nov 06, 2014, 18:11 PM IST
Bank of England divided on need for rate rise
The BoE`s main lending rate has stood at 0.50 percent since March 2009.
Aug 20, 2014, 15:34 PM IST
Bank of England united in holding rates: Minutes
The Bank of England was unanimous in its decision to maintain its record-low interest rates earlier this month, minutes showed on Wednesday.
Jun 18, 2014, 18:12 PM IST
