Posts Tagged ‘Bank of England’

UK wages rise amid tight labour market

LONDON • UK wage growth accelerated to a near 10-year high, backing the Bank of England’s (BoE) view that there is now no spare capacity in the labour ...

BoE waits for Brexit clarity as forecasts hint at faster hikes

By BLOOMBERG
NEW DELHI • The Bank of England (BoE) hinted there may be a need for faster interest- rate increases in the coming years in a report ...

UK wage pick-up takes back seat to Brexit for BoE

By BLOOMBERG
LONDON • The fastest wage growth in almost a decade is a sign that inflation pressures are building, but the Bank of England (BoE) may not ...

BoE offers Shariah-compliant facility for Islamic banks to level playing field

The facility will allow for the 1st time UK Islamic banks to hold pound deposits at BoE
By HABHAJAN SINGH / Pic By BLOOMBERG Britain saw a significant ...

BoE’s Carney warns against ‘weaponisation’ of financial assets

By BLOOMBERG
BALI • Bank of England (BoE) governor Mark Carney (picture) warned against “weaponising” assets in the global financial system as ...

UK economy set for best quarter since 2016 despite flat August

By BLOOMBERG
LONDON • The UK economy appears to be on course for its best calendar quarter in almost two years, despite a weaker than expected ...

BoE warns EU of no-deal Brexit threats

By BLOOMBERG
LONDON • The Bank of England (BoE) ratcheted up the pressure on the European Union (EU) to help stave off the threat a no-deal Brexit ...

UK set for solid 3Q even as services growth ebbs

By BLOOMBERG
LONDON • Growth in the UK’s dominant service sector was strong enough to keep the economy on track for a “robust” expansion in the third ...

UK manufacturing growth unexpectedly picks up

By BLOOMBERG
LONDON • UK manufacturing growth unexpectedly picked up in September, rounding off the third quarter on an upbeat note. IHS Markit’s ...

BoE officials step out in force after August hike

By BLOOMBERG
LONDON • Bank of England (BoE) policymakers have the chance this week to share their thoughts on interest rates now that governor ...

UK inflation accelerates on transport, PC games

By BLOOMBERG
LONDON • UK inflation unexpectedly accelerated in August, boosted by the cost of theatre shows, personal computer (PC) games, transport ...

BoE keeps rate unchanged at 0.75%, upgrades growth forecast

LONDON • The Bank of England (BoE) kept its benchmark interest rate unchanged after lifting it to the highest since 2009 last month.
The Monetary ...