Tag: Bank of England

Britain is heading towards economic recovery from its recent mild recession, according to Andrew Bailey, Governor of the Bank of England. He anticipates a promising boost as interest rates are ...

Jeremy Hunt is contemplating enacting substantial spending cuts in the upcoming budget to finance tax reductions ahead of pre-elections, according to reports. Treasury insiders have revealed that the Chancellor is ...

Citizens in the UK have seen some sort of relief as inflation rate declined from 7.9% in June to 6.8% in July. Compared to October last year’s inflation of 11%, ...

In order to save the UK economy, as it faces the scare of recession, the Bank of England has raised interest rates for the fourteenth time, to 5.25%. The central ...

As the Bank of England fights to restrain rising prices, interest rates have been unexpectedly increased by more than the predicted rate. The Bank raised interest rates from 4.5% to ...

Following the release of official numbers which indicated that, inflation did not decline as expected in May, lenders in the U.K. would be preparing for more hikes in loan prices. ...

The Bank of England together with the Treasury has disclosed its plans of launching a state-backed digital pound later this decade. Both institutions are of the aim to ensure the ...

Bank of England (BoE), like the Bank of Ghana(BoG) is pursuing further monetary policy tightening to tame the double-digit inflation fueling a cost-of-living crisis, public-sector strikes and fears of recession. As a ...

The Central Bank of England has out doored new bank notes featuring the image the King of England, King Charles III. The front and see-through channels of the new notes ...

Mrs. Elsie Addo Awadzi, the Bank of Ghana's Second Deputy Governor, has expressed appreciation to the Bank of England, for its constant support in bolstering supervisory cooperation in Ghana and Africa ...