The Bank of England must contend with a slowdown in Britain's economy but also stubborn inflation pressures when it considers whether to cut interest rates in early February as well as its message about the outlook for the rest of the year.

The Bank of England has published a Blueprint framework describing the way in which a digital version of the British pound could be implemented. Plans to launch a Digital Pound Lab this year have also been announced by the UK’s central bank.

No decision will be made for at least a couple of years on whether Britain will go ahead with a central bank digital currency for the general public, the Bank of England said on Tuesday, pushing back the timeline for the project.

Mark Carney was the first non-British person to become governor of the Bank of England in its more than 300-year history when he took the job in 2013. He had previously worked at the investment bank Goldman Sachs, and served as the governor of the Bank of Canada, the country's central bank.

Newest policy-committee member recommends taking out ‘a little insurance’ amid signs of weakening demand in a fragile economy.

Founded in 1694, the Bank of England (BoE) is the central bank of the United Kingdom (UK). Known as ‘The old lady of Threadneedle Street’, the bank’s mission is "to promote the good of the ...

The Bank of England is facing a growing clamour to make ... Last week, he indicated that he would be comfortable with the central bank lowering rates five or six times “to get interest rates ...

Bank of England to launch 'Digital Pound Lab' for CBDC testing, collaborating with HM Treasury to design the digital pound.

Mark Carney, the first non-Brit to run the Bank of England since it was founded in 1694 and the former head of Canada’s central bank, says he is entering the race to be Canada’s next prime minister fo

The Bank of England launches the Digital Pound Lab, exploring a CBDC to complement cash and foster innovation in the UK payments ecosystem.

The Bank of England (the “Bank”) has published a Consultation Paper proposing a set of Fundamental Rules for UK financial market

In November 2024, the Bank of England published an Approach Document setting out its approach to the supervision of financial market