The Bank of England launched on Tuesday a new financial stability tool that insurers and pension funds can use during periods of turbulence in Britain's government bond market.
The Bank of England must contend with a slowdown in Britain's economy but also stubborn inflation pressures when it considers whether to cut interest rates in early February as well as its message about the outlook for the rest of the year.
The Bank of England on Tuesday announced a new emergency measure to deal with debt-market instability like that seen during Liz Truss’s brief tenure as prime minister in 2022.
A Londoner has broken a Guinness World Record by visiting 42 museums in a single day after being inspired by his children
Mark Carney was the first non-British person to become governor of the Bank of England in its more than 300-year history when he took the job in 2013. He had previously worked at the investment bank Goldman Sachs, and served as the governor of the Bank of Canada, the country's central bank.
London was the only UK region to see house price falls in the year to November, according to the latest figures from the Office of National Statistics (ONS). Property prices in the capital dropped 0.1 per cent to an average of £511,000 in November, a slight improvement on the 0.4 per cent fall recorded in October.
Geoffrey Bell, who has died aged 85, was a globetrotting financial adviser and the founder of the Group of Thirty, an elite international assembly of economists and monetary experts.
LONDON (WKRC) - A man was sentenced after he used locker codes belonging to gym members to gain access to their bank accounts. According to PEOPLE, 35-year-old Declan Murphy of Bromley, England was sentenced after he stole locker pins and used them to get into multiple bank accounts.
The Women's Super League returned this weekend as Chelsea extended their lead at the top of the table with a nail-biting victory over Arsenal.
George Soros's journey from a Holocaust survivor to a billionaire investor and philanthropist reads like a modern fairy tale – albeit one written in the complex language of international finance.
Luxury homes across London's commuter belt are selling for around £150,000 below their asking prices, marking a dramatic shift in the property market. Sale prices for properties worth £1million or more in the home counties fell by nine per cent on average last year,
Growth rates differ across different areas of the country - but also depending on forecasts of economic factors