Small and medium-sized businesses (SMEs) in Britain are set to miss out on £3 billion in lost interest over the next year, according to new research.
Bank Of England
The Financial Conduct Authority (FCA) has confirmed new rules which apply to certain types of open-ended fund investing in inherently illiquid assets such as property. The new rules apply to these funds, known as non-UCITS retail schemes (NURSs), but will not apply to other types of fund, such as UC
The Bank of England's new polymer £50 note will feature imagery depicting Alan Turing and his work, the bank announced today. Alan Turing was chosen following the bank's character selection process, including advice from scientific experts and a six-week public nomination period, with the fina
Howard Archer In April homebuyers paid the lowest interest rates ever to be seen on their mortgages, the Bank of England has reported.
George Kerevan An SNP MP has said the Bank of England should be renamed to reflect its status as a UK-wide institution, the Sunday Post reports.
Brendan Doyle, chief executive of CMS Payments Intelligence The chief executive of CMS Payments Intelligence has claimed that UK banks and retailers face costs of up to £236 million to ensure they can accept and process polymer banknotes.
Outstanding debt of Scottish farms increased four per cent over the past year according to new Scottish Government figures, marking the sixth consecutive annual increase in Scottish farm debt. Data released by Scotland's chief statistician, based on a survey of the main banks and other lending insti
George Osborne The UK government is bringing forward legislation to improve the governance of the Bank of England and consolidate its financial regulation powers.
First Minister Nicola Sturgeon First Minister Nicola Sturgeon has met with the Bank of England to discuss their banknote designs.
Victoria Cleland, chief cashier and director of notes at the Bank of England Around 30,000 nominations were made for the portrait on the Bank of England's new £20 note during a two-month public consultation period that ended yesterday.
James Sproule, chief economist at the IoD Inflation as measured by the Consumer Prices Index (CPI) fell back to 0 per cent in June, according to the Office for National Statistics.
Mark Carney Bank of England governor Mark Carney will appear before MPs today for the first time since the general election in May.