Bank Of England

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Andrew Bailey, the governor of the Bank of England (BoE) has revealed that the bank is leaving "all options on the table", including a 50 basis-point interest rate increase in an attempt to fight back against rising inflation. Mr Bailey told an audience of global central bankers at the European Cent

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The Bank of England has announced that it will withdraw its mortgage stress test from the start of August this year. In March, the bank's Financial Policy Committee proposed withdrawing affordability rules that were put together after the financial crisis and require banks to check whether borrowers

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The Bank of England (BoE) has raised interest rates again, from 1% to 1.25%, as it attempts to fight rising inflation. The bank’s Monetary Policy Committee (MPC) by a majority of 6-3, voted to increase the bank rate by 0.25 percentage points.

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The Bank of England (BoE) has raised interest rates from 0.75% to 1%, in an attempt to fight rising inflation. The bank's Monetary Policy Committee (MPC) by a majority of 6-3 to increase the bank rate by 0.25 percentage points. Those members in the minority preferred to increase the rate by 0.5 perc

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The Bank of England’s anticipated relaxation of lending rules this week risks a potential housing price crash, according to property firm DJ Alexander Ltd. The firm said that the banks’ predicted decision to ease the stress testing limits to allow increased borrowing for buyers will pote

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The Bank of England has launched a consultation on whether to scrap affordability rules for mortgage lending. In 2014, the bank's Financial Policy Committee (FPC) introduced two Recommendations to guard against a loosening in mortgage underwriting standards and a material increase in household indeb

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The Bank of England’s Monetary Policy Committee (MPC) has voted to increased interest rates by 0.25% to 0.5%. The committee voted by a majority of 5-4 at a meeting yesterday.

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The Bank of England has raised interest rates from 0.1% to 0.25% in an attempt to fight rising inflation. The increase marks the first time that the bank's Monetary Policy Committee (MPC) has risen the rate in more than three years.

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UK interest rates will remain at their historic low of 0.1% for at least another month, the Bank of England's monetary policy committee has decided. The committee voted by 7-2 to maintain the existing base rate, despite considerable speculation that it would back an increase. Two members backed an i

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The Bank of England (BoE) has forecast that annual inflation would likely surpass 3% for a "temporary period". Yesterday, the bank announced the revised forecast at its monthly Monetary Policy Committee meeting where it also decided to hold the UK base rate at 0.1%.

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The Bank of England's (BoE) new £50 note has entered circulation today. The note is the bank's first polymer £50 note and features the scientist Alan Turing.

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Bank of America Merrill Lynch and Credit Suisse have urged the Bank of England (BoE) to raise interest rates faster than expected to avoid soaring inflation rates. The call comes as the two banks brought forward their projections for the first interest rate rise since August 2018. While the lenders

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The UK is set to experience the strongest economic growth since the Second World War this year, with a faster-than-expected recovery from the coronavirus pandemic, according to the Bank of England. The bank has hiked its estimate for UK GDP growth to 7.25% in 2021, up from February’s forecast

1-15 of 73 Articles
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