Explained: Why Britain's senior bankers are clashing with politicians
On Wednesday morning, the sterling fell again after the Bank of England announced its special bond-buying program won't go beyond the Friday deadline.
Britain Expects Recession to Last All of 2023
The Bank of England raised interest rates from 1.25 to 1.75 percent on Thursday, the single largest increase in more than 25 years.
U.K. High Court Says Guaidó is Venezuelan President in Fight for $2B Gold
Both Juan Guaidó and President Nicolás Maduro have named different boards to oversee the nation's central bank, and both are bidding for control of the gold.
Bitcoin Price Rollercoaster Continues as Banks Unsure How to Approach it
Goldman Sachs, HSBC and the Bank of England are among institutions to take different stances on the cryptocurrency.
How Did £50 Billion in U.K. Banknotes Just Go 'Missing'?
The United Kingdom's central bank has been condemned for effectively "losing" £50 billion ($67 billion) in cash - but it may not be as drastic as it sounds.
New York-Based Climate Activists Revealed as Source of Bank of England Hoax
The group, known as The Yes Men, circulated a release that said the central bank's corporate bond buying programme was set to go green. It said the bank would stop buying bonds from oil and gas companies.
Bank of England Injects £100bn Into U.K. Economy
The Bank of England's Monetary Policy Committee also voted to keep interest rates at a record low of 0.1%.
'Global Speculative Mania': Why Bankers Hate Bitcoin
Bank of England chief Mark Carney says crypto needs regulation—here's why.
John Elliott: British Ministers Hit Wall in India
The U.K. no longer rates as one of India's leading foreign relationships, and they made little impression.
BoE's Mark Carney: The Radical Of Threadneedle Street
The Bank of England governor knows free market capitalism is unpopular.
What Now for Bank of England's Governor Mark Carney?
It appears that his decision to stay has had a positive impacts on the markets for now.
Here's the Real Problem With the Bank of England
It's time for a more radical approach to quantitative easing.
Brexit Worries Cause Another Sterling Slide
Reports of a Russian bank moving its HQ out of London worried financial markets.
England: How Indestructible are New Plastic Bank Notes?
England and Wales' new £5 note with Sir Winston Churchill on the back is an eco-friendly alternative to traditional paper-cotton notes.
U.K. Interest Rates Cut To Historic Low
The Bank of England's Mark Carney made the announcement on "Super Thursday."
Lloyds Bank To Cut 3,000 Jobs and Shut 200 Branches
The lender had warned that a Leave vote could have an adverse impact on its future performance.
U.K. Officials Try to Reassure Allies on Path to Brexit
Hammond acknowledges a 'hit to confidence' among businesses, says the government, Bank of England 'has to be ready' to respond to instability.
Can Mark Carney Save Britain From Itself?
The North American running Britain's central bank is fighting to keep the country's economy together after the Brexit vote.
Osborne: Brexit Is Big Opportunity for U.K.-U.S. Ties
The chancellor is heading to New York and wants to begin talks with the North American trading bloc.
How Bad Has Brexit Been for the Pound?
Brexit led to a record low for the pound—but is it a crisis or short-term crash?
Osborne To Slash Corporation Tax To Attract Investors
Osborne said Britain is facing a "very challenging time."
George Osborne Abandons 2020 Surplus Target
The promise was meant to make him known as the chancellor who balanced the U.K.'s books.
Bank of England 'Will Cut Interest Rates This Summer'
Interest rates were last cut in 2009 and have remained at record lows.
Boris Johnson Out Of Tory Leadership Contest
Michael Gove announced he would not be supporting Johnson this morning.
Sterling Plummets as Brexit Looks More Likely
Sterling fell to a 31-year low as traders panicked amid early wins for the Leave campaign.
U.K.'s First Plastic Banknote Revealed
The five pound note provoked responses from both sides of the EU referendum campaign.
IFS Warns Brexit Could Extend Austerity by Two Years
The think tank is the latest body to warn the U.K.'s economy would suffer from a Brexit.
Brexit Would Plunge U.K. Into Year-Long Recession
The Treasury's warning comes one month before the vote on Britain's EU membership on June 23.
Brexit 'Will Mean Death of Farming Industry'
Transport Secretary Patrick McLoughlin said leaving the EU will hit working class.
Bank of England Warns Brexit Likely to Hurt Economy
Campaigners in favour of quitting the EU said the bank had compromised its officially neutral stance.