Bank Of England
-
Bank of England joins global easing cycle with 1st rate cut in 4 yearsThe bank said that by a 5-4 margin, its policymaking panel backed a quarter-point reduction in its main interest rate to five per cent, from the 16-year of 5.25 per cent.EconomyAug 1
-
Bank of England’s surprise rate hike spurs U.K. recession fearsThe size of the Bank of England's 13th hike in a row was somewhat of a surprise, with most economists predicting a smaller quarter-point increase.EconomyJun 22, 2023
-
-
Advertisement
-
No more rate hikes? Central banks see calm in sight amid inflation battleAll said they remain committed to keeping credit conditions as tight as necessary to return inflation to their common two per cent target from current levels still far above that.WorldFeb 2, 2023
-
-
Advertisement
-
Bank of England hikes rates by half point to 4% amid inflation fightThe International Monetary Fund this week said that the U.K. was on track to be the only major economy to shrink this year, even as the outlook for the rest of the world improves.WorldFeb 2, 2023
-
King Charles banknote revealed in England — what’s in store for Canada?The Royal Canadian Mint said they have 'a team in place' that is ready to change Canada's coins once Parliament announces a decision about switching to an image of King Charles.WorldDec 20, 2022
-
-
Bank of England makes historic rate hike amid ‘very challenging’ economic outlookThe BoE estimates that Britain's economy entered recession in the third quarter of 2022 and that the recession will last until the middle of 2024.WorldNov 3, 2022
-
-
U.K. reverses tax cut for wealthy after market turmoilFinance minister Kwasi Kwarteng said the decision to scrap the top rate tax cut had been taken with "some humility and contrition."WorldOct 3, 2022
-
British pound stable after sharp drop, but analysts warn it’s ‘too little, too late’The United Kingdom's pound has stabilized a day after plummeting to a record low as the British government plans tax cuts to deal with a cost-of-living crisis.EconomySep 27, 2022
-
-
Advertisement
-
Bank of England warns of more interest rate hikes as pound hits record lowThe United Kingdom's pound sterling hit a record low compared with the U.S. dollar in trading on Monday as the new government announced major tax cuts.EconomySep 26, 2022
-
-
Advertisement
-
Bank of England hikes key interest rate 0.5 percentage points amid recession fearsThe Bank of England raised its benchmark interest rate to 2.25 per cent on Thursday, a step of 50 basis points, as it looks to get a handle on inflation.EconomySep 22, 2022
Trending
-
$80M Lotto Max jackpot split between two winning tickets46,419 Read
-
Donald Trump claims B.C.’s ‘very large faucet’ could help California’s water woes44,015 Read
-
Ottawa will cut back again on international students with 2025 cap23,454 Read
-
A day after trail-blazing ballerina dies at 29, her mother dies too19,975 Read
-
Health Canada gives 1 year to remove BVO from drinks. What are the risks?17,188 Read
-
Doritos dye turns mice translucent, researchers find. Are humans next?11,309 Read
-
Top Videos
-
Ottawa woman takes home $70M Lotto Max jackpot171 Viewed
-
Winning $70-million Lotto Max ticket sold to Ottawa resident108 Viewed
-
Inflation finally hits Bank of Canada’s 2% target60 Viewed
-
Trump golf course shooting: Suspect in custody in apparent assassination attempt at Mar-a-Lago51 Viewed
-
Canada imposes further cap on international students: Boissonnault49 Viewed
-
Dozens displaced by south Edmonton fire45 Viewed
-