Posts Tagged ‘Bank of England’

BoE governor race uncertain as May quits

LONDON • Theresa May’s resignation threatens to turn the race to lead the Bank of England (BoE) on its head.
A new prime minister (PM) — and the new ...

UK inflation stays below target on games, cheaper food

By BLOOMBERG
LONDON • UK inflation unexpectedly stayed below target last month as higher fuel prices were offset by the cost of food and computer ...

UK economy set for stronger 1Q as output rises again

By BLOOMBERG
LONDON • The UK economy is on course for a stronger than forecast first quarter (1Q), despite an escalating Brexit crisis that’s divided ...

BoE says more firms trigger Brexit plans as rate left unchanged

LONDON • The Bank of England (BoE) said more companies are triggering plans for a no-deal Brexit as it kept policy in a holding pattern, while the ...

BoE asks banks to boost liquid assets ahead of Brexit

LONDON • The Bank of England (BoE) is asking some UK banks to hold three times more liquid assets in the event of a market meltdown with a no-deal Brexit ...

BoE warns of Europe-wide finance risks on Brexit

LONDON • Europe’s financial system faces “potential risks” to its stability arising from a no-deal Brexit, the Bank of England (BoE) warned yester, as it ...

Vlieghe says loose BoE policy more apt in no-deal Brexit

By BLOOMBERG
LONDON • A no-deal Brexit is more likely to require an easing than a tightening of monetary policy, according to Bank of England (BoE) ...

Weaker UK inflation gives BoE breathing space

LONDON • Weaker than forecast UK inflation may be offering Bank of England (BoE) policymakers a reprieve as they struggle to peer through the “fog of ...

UK recession risk up to 30%, survey says

By BLOOMBERG
LONDON • There’s almost a one-in three chance of a UK recession in the 12 months, according to a Bloomberg survey of economists. The ...

Carney says Brexit uncertainty hits economy

By BLOOMBERG
LONDON • Growing Brexit uncertainty is cascading through the UK economy, delaying business decisions and hurting consumers, according to ...

UK lending slows on Brexit uncertainty

LONDON • UK lenders approved the fewest home loans in eight months in December and demand for unsecured debt remained subdued, Bank of England gures ...

BoE’s Carney says UK firms can’t prepare fully for a no-deal Brexit

By BLOOMBERG
DAVOS • UK businesses can’t fully prepare for the chaos of a no-deal Brexit, according to Bank of England (BoE) governor Mark Carney ...