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The Labour Party Will Probably Seek Broader BoE Mandate If In...

On Sunday, John McDonnell, the finance policy chief of the Labour Party, the opposition party of Britain, said that the party would likely broaden the...

Sterling Set for Largest Weekly Increase In Eight After Brexit

On Friday, Sterling was able to make further gains against the dollar and was set for its best week in eight following the agreement...

Sterling Rising Ahead of Interest Rate Announcement of the BoE

During morning trading, the sterling has been creeping up ahead of the announcement of the most recent decision of the Bank of England on whether...

The BoE is Establishing its Own Fintech Hub

A fintech hub that is aimed to monitor the developments that could help in boosting the weak productivity levels of the United Kingdom is about...

BoE: Brexit Still Poses ‘Material Risks’ to Financial Stability

The Bank of England (BOE) has released a warning that Brexit still poses some "material risks" to the financial systems in both the United...

Mark Carney: Cryptocurrencies Failing as Money

Photo by Bank of England/Flickr Mark Carney, the governor of the Bank of England, said that cryptocurrencies are failing as a system of money. "How well...

People Have until Thursday to Spend Their Old £10 ‘Paper’ Notes

Photo by Images Money/Flickr Another deadline is approaching for the cache of the old “paper” notes of Britain. On Thursday, the 1st of March 2018, is the...

BoE’s Ramsden Sees Case to Increase Rates Sooner Than He Expected

Photo by George Rex/Flickr According to a newspaper interview that was released last Saturday, the Bank of England might be required to increase interest rates...

Chief Economist of the Bank of England: ‘No Rush’ to Raise...

Photo by George Rex/Flickr The Bank of England is potentially in need to impose a hike in interest rates in order to tackle inflation. However, in...

BoE Deputy Director Ben Broadbent: Two Rate Rises This Year Would...

Photo by Bank of England/Flickr This morning, Ben Broadbent, the deputy director of the Bank of England, said that an abrupter path of interest rate hike...

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