Surging government debts threaten Britain, warns Bank of England
Surging government debts threaten to hammer the British economy and drive up borrowing costs for households, businesses and the Treasury, the Bank of England has warned.
Bank of England warns of risks from rise in global trade barriers
By William Schomberg, Lawrence White and Suban Abdulla LONDON (Reuters) -The Bank of England warned on Friday that higher trade barriers could hit global growth and feed uncertainty about inflation, potentially causing volatility in financial markets and pushing up borrowing costs for businesses and consumers.
Bank of England warns of risks from non-banks in future markets crisis
More work is needed to tackle risks outside the banking sector, according to a Bank of England study which found that a market crisis would be amplified by fire sales of assets by pension funds, hedge funds and other investors.
Bank of England issues mortgage rate warning to 4.4 million homes and sounds Trump trade alarm
The Bank of England's latest financial stability report - released twice a year - shows 4.4 million homes are set to refinance at higher rates though others will benefit from cuts.
Why the Bank of England is worried about the role of non-banks in the next global crisis
The Bank of England has issued a fresh warning about the ability of non-bank institutions to withstand a major market shock, in a first-of-its kind stress testing of the UK financial system.
Millions face major hikes in mortgage repayments by 2027, Bank of England warns
More than four million UK households could see their mortgage repayments hiked over the next three years, the Bank of England has warned.
Money blog: Bank of England warns millions of mortgage holders over higher rates
The Bank of England has warned millions of borrowers they face higher mortgage rates for longer in a report - watch live below as governor Andrew Bailey holds a news conference on the findings.
He Helped ‘Break’ the Bank of England. Now He May Run the U.S. Treasury.
Scott Bessent’s former colleagues and rivals see the prospective Treasury secretary as a thoughtful choice with a broad ...
More than 4 million to see mortgage costs rise, says Bank
It estimates that about 4.4 million mortgages are expected to see payments rise by 2027, including £500-per-month hikes for around 420,000 households. However, about a quarter of borrowers are set to ...
Bank of England’s Newest Rate-Setter Shows Dovish Leaning
The Bank of England may cut interest rates faster than markets are betting if the economy weakens, according to its newest ...
Inflation soars back above Bank of England target in sharpest spike for two years
The Bank of England seeks to control inflation – the speed at which the cost of goods and services are rising – by raising ...
Bank of England consults on post-Brexit market infrastructure rules
The Bank of England said on Tuesday it was launching a consultation on proposed, post-Brexit rules for clearing houses, ...
One of Britain's biggest building societies to take over Co-op Bank
The takeover is expected to be completed on January 1, 2025, with Co-op Bank returning to mutual ownership as a subsidiary of ...
'Rachel Reeves is in cahoots with her Bank of England pals - and we'll all pay the price’
EXCLUSIVE: The Chancellor has been accused of bending the fiscal rules to suit her agenda and create £50billion in "headroom" ...
Bank of England finds some vulnerabilities in probe of central counterparties
The Bank of England said on Friday that a stress test of central counterparties (CCPs)- businesses that form a key part of ...