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Bank of England

08 Feb 2018

Bank of England rate hike warning spooks markets

The Bank of England (BoE) on Thursday froze interest rates at 0.5 percent, but warned borrowing costs could rise more quickly than expected to bring down inflation, sparking fresh turmoil in the markets.

13 May 2016

IMF warns of economic risks from Brexit

The International Monetary Fund on Friday warned that Britain's potential exit from the European Union posed a "significant downside risk" to the economy.

Bank of England

06 Aug 2015

Bank of England holds interest rate at 0.50%

The MPC "voted by a majority of 8-1 to maintain Bank Rate at 0.5 percent", the BoE said.

Bank of England

23 May 2015

Bank of England admits to researching 'Brexit' risks

The Bank of England has revealed that it is researching the economic risks of Britain leaving the European Union, just as Prime Minister David Cameron began negotiations with EU leaders ahead of a referendum on membership.

16 Dec 2014

UK`s top four lenders pass stress tests: Bank of England

Britain`s four biggest lenders have passed the Bank of England`s stress tests, which are designed to show their ability to withstand a new economic crisis, the central bank said on Tuesday.

Bank of England

04 Dec 2014

Bank of England holds rate as inflation risk remains

The central bank`s monetary policy committee (MPC) opted also on Thursday to maintain its cash stimulus, or quantitative easing, at £375 billion ($587 billion, 477 billion euros).

Bank of England

06 Nov 2014

Bank of England says keeps interest rate at 0.50%

"The Bank of England`s MPC ... today voted to maintain bank rate at 0.5 percent," it said in the statement.

Bank of England

20 Aug 2014

Bank of England divided on need for rate rise

The BoE`s main lending rate has stood at 0.50 percent since March 2009.

Bank of England

18 Jun 2014

Bank of England united in holding rates: Minutes

The Bank of England was unanimous in its decision to maintain its record-low interest rates earlier this month, minutes showed on Wednesday.

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