Probability of Interest Rate Cut by Bank of England Grows
The Bank of England on Thursday, February 1, is likely to keep the interest rates at 5.25%, keeping this indicator within what can be described as sustainable stability.
Bank of England - page 2
Bank of England Says About Impact of Quantum Computers on Financial Markets
According to the vision of the Bank of England, super-powerful quantum computers can become a catalyst for significant innovations in financial markets.
UK Executives Urge Bank of England to Cut Rates
In the United Kingdom, the executives of local companies appealed to the Bank of England to lower interest rates shortly, arguing that this decision by the financial regulator would be able to support the country’s weakening economic system after the so-called depressed confidence turned out to be at a four-month low.
Bank of England Says About AI Risks to Finances
The Bank of England has stated the risk that the wider spread of artificial intelligence could provoke a threat to the financial system.
Bank of England Governor Resists UK Rate Cuts for Foreseeable Future
Bank of England Governor Andrew Bailey, suggests that a reduction in interest rates in the foreseeable future is an unlikely prospect, warning that the second half of the process of countering inflation in the United Kingdom will be hard work.
UK Inflation Demonstrates Decrease
According to the results of October, the annual inflation rate in the UK showed a sharp decline to the level of 4.6%.
Bank of England Warns of Zero Growth in British Economy Until 2025
The Bank of England has warned that the economy of the United Kingdom is highly likely to continue to show zero growth until 2025 against the background of high-interest rates or even a continued increase in this indicator.
Bank of England Official Says Technology Increases Risk of Bankruptcy
The use of technology in the banking sector increases the risk of bankruptcy of financial institutions, which is why regulators should take measures to ensure that maintain adequate liquidity insurance by lenders.
Bank of England Postpones Implementation of New Banking Reforms for Summer 2025
The Central Bank of England has changed the timing of the implementation of the banking sector reform process, postponing the start of relevant activities to the summer of 2025.
British Finance Sector Reportedly Seeks to Delay on New Capital Requirements
The media reports that the central bank of England is currently under pressure, the purpose of which is to postpone the date of entry into force of the new capital requirements.
Bank of England Raises Interest Rates
The Bank of England on Thursday, August 3, announced an increase in interest rates.
UK Reportedly to Make Overseas Banks Replace Branches With Subsidiaries
The media reported that the Central bank of Great Britain is currently studying the possibility of introducing new restrictive measures against international financial institutions that operate in this country.
BIS and Bank of England Complete CBDC Project
The pilot project of using the central bank’s digital currency (CBDC), in which the Bank of England (BoE) and the Bank for International Settlements (BIS) participated, has been completed.
Bank of England Finds New Use Cases for DLT in Synchronised Settlement
The Bank of England and the Bank for International Settlements announced the successful completion of a pilot project based on DLT.
Bank of England Says Stablecoin Use Need Limits
The Deputy Governor of the Bank of England, John Cunliffe, admitted that, with a high degree of probability, regulators will be forced to introduce restrictive measures regarding the possibility of using stablecoins to perform payment financial operations.
Bank of England Builds Its CBDC Team
The media reported that the central bank of England has begun to recruit a team of employees who will deal with the digital currency of this financial institution.
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