Nearly 60 Bank of England staff accept offers to relocate for work in Leeds June 26, 2024 Nearly 60 workers at the Bank of England have accepted offers to work at the central bank's expanded office in Leeds.
Bank of England holds rates but August cut still on the table June 20, 2024 The Bank of England has voted to leave interest rates on hold for a seventh consecutive meeting.
FTSE 100 today: London markets primed to open higher as rate cut odds strengthen June 5, 2024 Asian markets surged on rate cut expectations, while Australia's Q1 growth slowed. Eyes on global services PMI releases and Computacenter.
FTSE 100 today: London markets set to open higher on growing rate cut bets June 3, 2024 Asian stocks climb on rate cut hopes, oil prices dip despite OPEC+ extension. Eyes on ECB, BOC policy decision and US non-farm payroll data.
HSBC dished out $19bn to shareholders last year – and there’s more to come in 2024 May 3, 2024 HSBC dished out roughly $19bn (£15.1bn) to shareholders in respect of last year and expects continued strong payouts in 2024, its management has said, as Europe's biggest bank looks to weather economic uncertainity and interest rate cuts.
‘Not convinced’: FCA boss downplays threat of global private equity crisis May 2, 2024 The boss of the Financial Conduct Authority (FCA) has downplayed the threat of private equity to the stability of the financial system despite a volley of warnings from the Bank of England in recent months.
HSBC chief Noel Quinn unexpectedly steps down after nearly five years April 30, 2024 HSBC has unexpectedly announced that its group chief executive Noel Quinn will retire after almost five years in the role and has started searching for a successor to lead Europe's largest bank.
Our helpful advice to the Bank’s ratesetters: please, stop with the speeches April 24, 2024 At the Bank of England, it is now de rigeur for the nine members of the monetary policy committee to contradict each other on the speech circuit.
Liz Truss admits she should have met Andrew Bailey while in No10 April 21, 2024 Liz Truss has admitted she should have met with Andrew Bailey while she was in No10.
Beneath the jargon, Bernanke delivers devastating critique of the Bank of England April 17, 2024 Leading economist Ben Bernanke has exposed the flawed modelling and out-of-date technology behind the Bank’s failures to forecast inflation, says Paul Ormerod Last week, Ben Bernanke, former chairman of the US Federal Reserve Bank and Nobel Laureate in economics, published his review into the process of forecasting and policymaking at the Bank of England. You [...]