By Eshe Nelson Reporting from London The Bank of England said on Friday that it would overhaul the way it forecast its outlook for the British economy as part of a “once-in-a-generation ...

What on Earth is going on at the Bank of England? The question is as valid today as it was three years ago, when the UK was flirting with double-digit inflation. As policymakers do not need ...

LONDON — The Bank of England announced its biggest interest rate increase in 27 years on Thursday as it forecast that the war in Ukraine would fuel further inflation and tip the U.K. economy ...

The Ilkley-based Nell Bank Charitable Trust has been honoured with the King’s Award for Voluntary Service (KAVS). The Ilkley-based Nell Bank Charitable Trust has been honoured with the King’s ...

By Eshe Nelson Reporting from London The Bank of England raised interest rates half a percentage point on Thursday, a larger-than-expected move, as policymakers struggle to bring down Britain’s ...

The Bank of England raised interest rates by a quarter of a percentage point Thursday as inflation remains stubbornly high, buoyed, in part, by strong wage growth. The move brings the main cost of ...

LONDON — The Bank of England maintained its key U.K. interest rate at a 16-year high of 5.25% though it gave a broad hint that a reduction could be on the cards as soon as June as inflation is ...

The Bank of England warned on Tuesday that the economic prospects for Britain and the world had darkened since the start of the year and told banks to ramp up capital buffers to ensure they could ...

The Bank of England has cut its main interest rate by a quarter of a percentage point, citing lower UK inflation. The move, which had been widely expected, brings the main cost of borrowing in ...

The Bank of England's Prudential Regulation Authority clarified its expectations around business conducted within branches of international banks in Britain, introducing a new threshold around ...

Following the death of Britain's longest-reigning monarch, Queen Elizabeth II, the Bank of England notified the public that paper currency bearing her image was still legal tender. Queen Elizabeth ...