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Wednesday, July 15, 2020
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Bank of England

UK moving sharply into recession, says Bank of England governor

Britain is very sharply moving into recession due to the coronavirus crisis, Bank of England governor Andrew Bailey has said. Mr Bailey’s comments echoed those...

Bank of England governor vows on first day to take prompt action on Covid-19

The new governor of the Bank of England has started his first day in the job vowing to take “prompt action again” to deal...

Bank of England delivers Brexit-eve growth downgrades, but holds rates on signs of pick-up

The Bank of England has delivered a blow on the eve of Brexit by slashing its growth forecasts for the next three years, but...

Bank of England to make ‘knife-edge’ rates decision amid cut speculation

Bank of England policymakers will gather for a “knife-edge” decision on interest rates this Thursday following recent speculation a cut may be on the...

Bank of England boss spent almost £100,000 on final Governors’ Day party

The Bank of England’s outgoing boss Mark Carney spent nearly £100,000 on a summer bash for staff in his last Governors’ Day party before...

UK economy declines for first time since 2012

The UK’s economy shrank for the first time since 2012 in the second quarter of this year, as the manufacturing and construction sectors both...

Bank of England Governor steps up no-deal Brexit warnings

Shoppers and motorists will face higher prices, and a “substantial number” of firms could find they can no longer compete in the event of...

Bank of England Governor steps up no-deal Brexit warnings

Shoppers and motorists will face higher prices, and a “substantial number” of firms could find they can no longer compete in the event of...

Bank of England to hold rates steady amid no-deal Brexit fears

Bank of England policymakers are set to hold interest rates but slash economic growth forecasts on Thursday as fears of a cliff-edge Brexit mount. The...

Face of new £50 banknote to be unveiled

The face of the new £50 banknote, which will be someone who has contributed to the world of science, will be unveiled by the...

Latest news

Boeing sells just one plane in June amid crisis in aviation

Boeing reported that customers cancelled orders for 60 of its grounded 737 Max jets in June, and the aircraft maker removed another 123 planes...

Pep Guardiola says Manchester City deserve apology after overturning Euro ban

Pep Guardiola believes Manchester City deserve an apology after successfully overturning their European ban. The City boss has hit out at rival clubs for what...

France says ‘merci’ to virus heroes on poignant Bastille Day

Medics in white coats replaced uniformed soldiers as stars of France’s Bastille Day ceremonies as the usual grandiose military parade was recalibrated to honour...

Chinese firm Huawei to be stripped out of UK 5G networks by 2027

Boris Johnson risked deepening tensions with Beijing after telecoms firms were ordered to strip Chinese tech giant Huawei’s equipment from 5G networks by 2027. The...

Samantha Womack settles phone hacking claim

Actress Samantha Womack has settled a damages action over phone hacking, the High Court has heard. The TV, film and stage star, best known for...
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