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Bank of England warns of Ukraine impact on commodities

Last Updated: Wednesday, March 19, 2014, 17:54

The Bank of England has warned about the impact of the Ukraine crisis on global commodity prices, minutes of their last policy meeting showed on Wednesday.

BoE picks senior IMF official in management shake-up

Last Updated: Tuesday, March 18, 2014, 18:54

The Bank of England on Tuesday said it had appointed Nemat Shafik, a deputy to IMF chief Christine Lagarde, to a new role providing oversight of financial markets and banking.

Bank of England holds interest rate at 0.50%

Last Updated: Thursday, March 06, 2014, 19:01

The Bank of England on Thursday voted to keep its main interest rate at 0.50 percent, five years after deciding to cut borrowing costs to the current record-low level.

Britain set for sixth year of record-low interest rate

Last Updated: Wednesday, March 05, 2014, 10:56

The Bank of England is set to vote Thursday to keep its key interest rate at a record-low 0.50 percent, five years after slashing borrowing costs to the current level.

British official annual inflation falls to 1.9%

Last Updated: Tuesday, February 18, 2014, 18:45

Britain's 12-month inflation slowed to 1.9 percent in January, the lowest level for more than four years, official data showed Tuesday.

Bank of England hikes 2014 growth forecast

Last Updated: Wednesday, February 12, 2014, 18:05

The Bank of England on Wednesday ramped up its 2014 British economic growth forecast, and tweaked its forward guidance on interest rates.

Global stocks slip; caution reigns before US payrolls

Last Updated: Friday, January 10, 2014, 01:53

Stock markets around the world fell on Thursday as investors took profits following recent steep gains and were reluctant to buy ahead of the closely watched U.S. payrolls report on Friday.

Bank of England sits tight over rate, stimulus

Last Updated: Thursday, January 09, 2014, 23:22

The Bank of England voted on Thursday to hold its key interest rate at a record-low 0.50 percent and maintain the level of stimulus pumping around a slowly-recovering British economy.

Bank of England sits tight on policy as growth outlook brightens

Last Updated: Thursday, December 05, 2013, 18:08

The Bank of England left monetary policy unchanged on Thursday, sticking to its commitment to keep interest rates at a record low 0.5 percent until Britain`s recovery is more firmly established.

Bank of England unanimous on monetary policy: Minutes

Last Updated: Wednesday, November 20, 2013, 18:13

The bank`s monetary policy committee (MPC) voted 9-0 to freeze its key lending rate at 0.50 percent, where it has stood since March 2009 in order to stimulate growth.

World stocks sag ahead of Fed minutes

Last Updated: Wednesday, November 20, 2013, 15:26

Investors locked in some of the recent gains by world stocks and bonds on Wednesday as they waited to see what the mood was at the most recent meetings of the U.S. Federal Reserve and the Bank of England.

Bank of England proclaims Britain`s economic recovery

Last Updated: Wednesday, November 13, 2013, 19:42

Britain`s economic recovery "has finally taken hold", the Bank of England said on Wednesday as it upgraded its growth forecasts despite headwinds from the eurozone debt crisis.