Bank of England
Central bank of the United Kingdom
Bank of England ▸ Facts ▸ Comments ▸ News ▸ Videos
![Bank of England: Central bank of the United Kingdom](https://www.newsr.in/en/knowledge/Bank-of-England_20190128.jpg)
The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the English Government's banker and debt manager, and still one of the bankers for the Government of the United Kingdom, it is the world's eighth-oldest bank.
0 shares | ShareTweetSavePostSend |
You Might Like
Bank of England rate-setter casts doubt on August cutHopes of a summer interest rate cut have been knocked by a member of the Bank of England's rate-setting committee.Sky News - Published | |
Interest rates held for seventh time in a rowThe Bank of England has held interest rates at 5.25% for the seventh time in a row.Sky News - Published | |
Inflation fall is welcome - but financial situation households are in compared to five years ago is starkInflation falling back to 2%, the magic number as far as the Bank of England and the increasingly desperate Conservative election campaign are concerned, is unequivocally welcome news.Sky News - Published | |
Housebuilder issues profit warning as interest rate cut delay hits market demandDemand in the housing market tailed off last month as hopes of a Bank of England rate cut faded, according to an industry report released just hours before a major housebuilder issued a profit warning.Sky News - Published | |
Hopes for pre-election interest rate cut suffer further blowThe prospect of a pre-election interest rate cut by the Bank of England has been damaged by official figures showing no progress in bringing down the pace of wage growth.Sky News - Published | |
Banknote maker in takeover talksThe company which prints banknotes for the Bank of England has revealed it is in takeover talks.Sky News - Published | |
Inflation falls sharply - now just above the Bank of England's targetThe rate of price rises has dropped to 2.3% in April - the lowest in nearly three years and closer to the Bank of England's target, according to official data.Sky News - Published | |
Interest rate held for sixth consecutive monthThe Bank of England has edged closer to a cut in interest rates, with another member of its nine-person Monetary Policy Committee (MPC) voting for lower borrowing costs this month.Sky News - Published | |
Bank of England governor talks up interest rate cut prospects as inflation eases to 3.2%The governor of the Bank of England has signalled the UK is still on course for an interest rate cut as official figures show a further easing in the pace of price growth in the economy.Sky News - Published | |
'Once in a generation' review reveals why Bank of England keeps getting its forecasts wrongPoor software and bias toward making only small, sequential changes is one of the reasons economic forecasters at the Bank of England failed to predict and prepare for the cost of living crisis,..Sky News - Published | |
The Bank of England is preparing the ground for lower interest ratesFor some reason which no-one can quite remember, when economists talk about interest rates they invariably find themselves referring to species of birds.Sky News - Published | |
Bank of England keeps interest rate at 5.25% but cut moves closerThe Bank of England interest rate has been kept at 5.25% for a fifth consecutive time, but says the prospects for a cut are "moving in the right direction".Sky News - Published | |
'Distinct signs of upturn' for recession-hit economy, Bank of England governor saysThere are "distinct signs of an upturn" in the UK economy - despite the country tipping into recession late last year, the governor of the Bank of England has said.Sky News - Published | Ex-Bank of England economist 'laments' Labour U-turn on £28bn green pledgeA former chief economist at the Bank of England has expressed disappointment at Labour's decision to axe its £28bn green investment pledge.Sky News - Published |
Five million more households yet to feel full rate hike burden, Bank of England warnsThe Bank of England has said that UK households and businesses have been "resilient" in the face of rising interest rates – but repeated previous warnings that the full effect of higher interest..Sky News - Published | Bank of England should have its remit 'pruned' alongside forecasting shake-upThe Bank of England's remit should be "pruned", according to a report by a Lords' committee which is critical of its work in the build up to the cost of living crisis.Sky News - Published |
Bank of England governor dismisses prospect of interest rate cutsMarkets are underestimating how persistent inflation will be in the next year and interest rates are likely to remain high as a result, the governor of the Bank of England has said.Sky News - Published | Interest rate held at 5.25% for second consecutive time by Bank of EnglandThe Bank of England has decided against a further interest rate hike for the second consecutive time, maintaining the figure at 5.25%.Sky News - Published |
An audacious political land grab - Reeves takes advantage of months of Tory own goals | Beth RigbyRachel Reeves wore a dark blue power suit, spoke of iron fiscal discipline and was introduced and endorsed by former Chancellor George Osborne's pick for Bank of England governor, Mark Carney.Sky News - Published | 'Very, very premature' to be talking about interest rate cut, Bank of England governor warnsThe Bank of England has warned against complacency after its interest rate was frozen at 5.25%.Sky News - Published |
'In the right area': Ex-Bank of England governor urges interest rate cautionA former governor of the Bank of England has told Sky News that while it was too slow to turn off the stimulus taps after the COVID pandemic, its actions to tame inflation are now "in the right area."Sky News - Published | Liz Truss turned Britain into 'Argentina on the Channel', says ex-Bank of England bossA former governor of the Bank of England has launched a scathing attack on Liz Truss - accusing her government of turning Britain into "Argentina on the Channel".Sky News - Published |
Bank of England governor says interest rate rises nearing peakThe governor of the Bank of England has told MPs that interest rates may not rise much further amid expectations that inflation is set to fall "markedly" by the end of the year.Sky News - Published | Bank of England says mortgage burden 'below financial crisis peaks'The Bank of England says it expects the proportion of income UK households spend on mortgage payments to remain below levels seen during the financial crisis.Sky News - Published |
Jobs market - not Brexit - to blame for UK being inflation outlier, Bank of England boss says![]() Sky News - Published | Fixed mortgage rates largely unchanged despite shock interest rise![]() Sky News - Published |
The big interest rate rise: Who will be affected today - and how much worse could it get?![]() Sky News - Published | Labour market 'is loosening', says BoE governor![]() Sky News - Published |
Top economist regrets urging people to accept they are poorer![]() Sky News - Published | Inflation to fall 'rapidly' - but worse interest rate pain yet to come, BoE governor warns![]() Sky News - Published |
Bank of England set to hike interest rate again - but could this be last time for a while?![]() Sky News - Published | 'We're all worse off': People urged by Bank of England to 'accept' being poorer![]() Sky News - Published |
Lowest demand for cash since central banks hoarded notes over millennium bug fears![]() Sky News - Published | Governor says Bank of England in period of 'heightened tension'![]() Sky News - Published |
Silicon Valley Bank UK arm hands out £15m in bonuses days after £1 rescue![]() Sky News - Published | Silicon Valley Bank collapse 'does not have implications' for other UK banks![]() Sky News - Published |
Andrew Bailey says 'nothing is decided' suggesting interest rates may rise less than thought![]() Sky News - Published | Britcoin could create 'new frontier' for people to improve payments![]() Sky News - Published |
Inflation-busting public sector pay rises risk stoking inflation, Bank of England governor warns![]() Sky News - Published | Bank of England hikes interest rates by 0.5 percentage points in tenth consecutive riseThe Bank of England has raised UK interest rates by a further half percentage point to 4%, but gave its clearest signal yet that borrowing costs may now be nearing their peak.Sky News - Published |
'Hangover effect' remains after mini-budget chaos but mortgage shock is over, BoE governor says![]() Sky News - Published | Bank of England's unprecedented bond market intervention yields £3.8bn profit![]() Sky News - Published |
Potential for UK to experience persistent inflation, Bank of England chief economist says![]() Sky News - Published | Mortgage approvals at lowest level since early months of pandemic as credit card debt soars![]() Sky News - Published |
FTX collapse shows crypto is 'too dangerous' not to regulate - Bank of England![]() Sky News - Published | First banknotes featuring King Charles unveiledThe Bank of England has unveiled its first banknotes featuring King Charles.Sky News - Published |
Bank's interest rate rise still a concern but there are glimmers of hope for future | Ed Conway![]() Sky News - Published | Behind-the-scenes dysfunction of Truss government laid bare by Bank of England governor![]() Sky News - Published |
Bank of England head Andrew Bailey denies role in Liz Truss's downfall![]() Sky News - Published | Bank of England unveils biggest interest hike for three decadesThe Bank of England has unveiled the biggest interest hike for 30 years as it seeks to tame double-digit inflation.Sky News - Published |