International News UK CPI inflation jumps to 10.4% in Feb. Norhan Adel Mar 22, 2023 0 The Office for National Statistics announced on Wednesday UK's consumer price index (CPI) reached 10.4 percent in…
Banks HSBC pays £1 to rescue UK Silicon Valley Bank Nada Ali Mar 13, 2023 0 HSBC UK Bank, announced on Monday that it has agreed to acquire Silicon Valley Bank U.K. (SVB) for £1 ($1.21), the…
International News UK inflation hits 9.4% in June, seen at 13% in Oct. Nada Ali Aug 17, 2022 0 UK inflation increased to 9.4 percent in June and the Bank of England (BOE) said inflation will hit 13 percent in…
Business Bank of England unveils largest interest rate hike in 27 years Yomna Yasser Aug 4, 2022 0 The Bank of England has on Thursday raised interest rates by 50 basis points, its largest single increase since…
Banks Bank of England raises interest rates to 1.25% Nada Ali Jun 16, 2022 0 The Bank of England raised on Thursday the interest rates to 1.25 percent for a fifth time respectively to tackle…
Money Markets European stock markets end higher as investors focus on upcoming central bank meetings Amwal Al Ghad English Sep 15, 2020 0 European stock markets closed higher on Tuesday as investors are focusing on the upcoming central bank meetings by…
Banks BoE adds another £100 billion to bond-buying program to curb coronavirus slowdown Amwal Al Ghad English Jun 18, 2020 0 The Bank of England on Thursday added another £100 billion to its quantitative easing program in a bid to shore up…
Business Bank of England set to reload bond-buying programme with £100bn Amwal Al Ghad English Jun 10, 2020 0 The Bank of England is expected to announce a further £100bn for its bond-buying programme when it meets next week…
Business BoE tells banks to step up no-deal Brexit plans Amwal Al Ghad English Jun 3, 2020 0 Bank of England Governor Andrew Bailey has told banks to step up their plans for the risk of Britain failing to…
Business UK may see more monetary easing: BOE deputy governor says Amwal Al Ghad English May 12, 2020 0 It is “quite possible” that the Bank of England could implement additional easing measures looking ahead, according…