Tag: Bank of England
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Bank of England raises interest rates to 15-year high
The Bank of England (BOE) increased its policy rate in line with expectations.
The Bank of England has signed a new rate hike decision.
The bank...
UK economy at risk of recession rises
According to economists, the recent weakening of the data and leading sector indicators in the UK has increased the concerns that the country's economy...
$268.5 million fine from Fed to UBS
The US Federal Reserve (Fed) has fined Zurich-based bank UBS $268.5 million for risk management failures in the transactions of Credit Suisse, which it...
UK inflation surprise
Inflation in the UK fell more than expected in June, signaling that the effects of interest rate hikes are starting to be seen.
Inflation fell...
BoE plans to force international banks to set up subsidiaries in the UK
The Bank of England (BoE) plans to force more international banks to set up subsidiaries. It is stated that this move is intended to...