Tag: england

Bank of England Urges Swift Action on Funds that Nearly Brought Down UK Financial System

The Bank of England has called for urgent action to address a weak spot in the UK financial system as persistent worries about the...

Bank of England chief cautions to stay vigilant as the market tests banks for weaknesses

Bank of England Governor Andrew Bailey on Tuesday vowed to be “very vigilant” amid ongoing volatility and suggested that the market is “testing out”...

Bank of England Governor Andrew Bailey says UK banking sector is ‘resilient’

The Governor of the Bank of England, Andrew Bailey, has said the UK banking system is in a sound position and well placed to...

Bank of England raises interest rates again while predicting a rapid drop in inflation

The Bank of England (BoE) raised interest rates for the 11th time in a row on Thursday, but said a surprise resurgence in inflation...

Silicon Valley Bank’s UK arm faces shutdown as Bank of England takes action

The Bank of England said on Friday that it was seeking a court order to place Silicon Valley Bank UK Limited into an insolvency...

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