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The FTSE 100 (^FTSE) was higher and European stocks were mixed in early trade on Friday, ticking higher in an end to a busy ...
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Cyprus Mail on MSNBank of England cuts rates to 4% after narrow 5-4 voteThe Bank of England cut interest rates on Thursday but four of its nine policymakers - worried about high inflation - sought ...
Bank of England cuts main interest rate by a quarter percentage point to 4%, lowest since March 2023
LONDON (AP) — Bank of England cuts main interest rate by a quarter percentage point to 4%, lowest since March 2023.
Governor Andrew Bailey described it as a ‘finely balanced decision’ after MPC members were forced to hold a second vote.
For the first time, the Bank of England (BoE) is sanctioning a financial infrastructure firm for compliance failures. The central bank issued an £11.9-million fine against payments system firm ...
The Bank’s Monetary Policy Committee (MPC) is widely expected to reduce the base rate by 0.25 percentage points to 4 on Thursday.
The Government has said the Bank of England will monitor cash acceptance on an ongoing basis, following a Treasury Committee report which raised concerns about the future of coins and banknotes. In ...
A Mastercard-owned company behind part of the UK’s payments system has been fined £11.9 million by the Bank of England for failing to comply with its requirements.
While the sector-wide cap on such high loan-to-income lending remains at 15%, the bank noted that the industry has consistently stayed below this threshold, with an aggregate share of 9.7% in the ...
LONDON (AP) — Bank of England cuts main interest rate by a quarter percentage point to 4%, lowest since March 2023.
The Bank of England has cut its main interest rate by a quarter percentage point to 4%, as policy makers seek to bolster the sluggish U.K. economy. The decision was widely anticipated in ...
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