The Bank of England is the central bank of the United Kingdom; the current president, since 2003, is Mervyn King.
The role of the BoE is to promote and maintain monetary and financial stability in the UK. Among the main activities: ensuring the distribution of the pound, lending to commercial banks and implementing exchange rate policies.
Bank of England
Bank of England, ultimi articoli su Money.it International
Bank of England cuts interest rates, sending sterling down
Money.it
5 August 2024 - 15:00
Bank of England has opted for the first rate cut after a very restrictive policy. The pound is falling, but not collapsing. What to expect in the future?
Amid inflation and stagnation, the UK needs to fix a £20 billion hole too
Lorenzo Bagnato
26 July 2024 - 10:55
Inflation and stagnation are not the only problems grappling the UK at the moment. The new Labour government needs to handle a £20 billion "black hole" in public finances.
5 reasons why the global economy is a mess
Money.it
23 July 2024 - 15:00
The global economy is ensnared in a convoluted situation: by analyzing these 5 themes that surfaced over the past week, you can comprehend the outstanding challenges and uncertainties.
UK: sticky inflation and strong economy delay interest rate cuts
Lorenzo Bagnato
17 July 2024 - 16:43
The UK’s Bank of England will likely maintain interest rate stable for the foreseeable future.
Was QE worth it?
Financial Times
26 June 2024 - 16:02
Quantitative easing appears to have cost British taxpayers at least twice as much as equivalents in the US, Europe and other advanced economies.
4 instability issues currently grippling markets
Money.it
24 June 2024 - 13:00
Markets are still under pressure today, with 4 factors to carefully observe for their ability to shake global stock markets.
BoE keeps rates unchanged despite lowest inflation since 2021
Lorenzo Bagnato
20 June 2024 - 20:06
The UK’s Bank of England kept interest rates at their 20-year high despite inflation finally reaching its target.
UK inflation reaches 2% target: how will it change the elections?
Lorenzo Bagnato
19 June 2024 - 12:37
The United Kingdom is the first major economy to reach 2% inflation. Will this change the upcoming elections?
UK GDP expands but economic uncertainty remains
Lorenzo Bagnato
12 May 2024 - 11:40
The UK economy may have avoided recession, but its problems are far from over.
When will the Bank of England cut rates?
Money.it
25 March 2024 - 15:00
The Bank of England also left interest rates unchanged, but what indications did it give about the start of cuts?