Tag: Bank of England
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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...
25-year peak in UK interest rates pricing
After the Bank of England (BOE) increased interest rates by half a point on Thursday, investors started pricing in BOE's final interest level to...