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Bank of England to remove any portraits of former governors linked to slave tradeThe Bank of England said on Thursday it would remove any portraits still on display within the 325-year-old central bank of former governors or directors with links to the slave trade.
Much more serious than the 2008 crisis, former BoE Governor King saysBritain faces a "much more serious" economic challenge now than in 2008 when the country's banking system almost collapsed, and must be prepared for far higher borrowing, former Bank of England..
Stock rebound runs out of steam despite emergency BoE cutThe rebound in stocks ran out of steam on Wednesday despite the Bank of England joining other central banks in cutting interest rates, as investors weighed up whether coordinated monetary and fiscal..
BoE's Carney: No reason why UK economy should be hit as badly as 2008There is no reason why the coronavirus outbreak should damage Britain's economy as badly as the financial crisis did in 2008, Bank of England Governor Mark Carney said on Wednesday.
Stocks gain after emergency BoE cut adds to stimulus hopesEuropean stocks rose on Wednesday after the Bank of England joined other central banks in cutting interest rates, raising hopes for more co-ordinated monetary and fiscal stimulus to counter the..
Highlights: Bank of England governor speaks at press conferenceThe Bank of England governor Mark Carney and his successor, Andrew Bailey, spoke at a press conference after the central bank unexpectedly cut interest rates by half a percentage point to 0.25% on..
BoE's Carney says coordinating with finance ministry for max impactGovernor Mark Carney said on Wednesday the Bank of England was coordinating with Britain's finance minister to ensure its surprise interest rate cut and other measures announced on Wednesday would have..
European stock futures jump as BoE joins rate cut partyStock futures in London and across Europe jumped on Wednesday after the Bank of England joined other major central banks in cutting interest rates to offset economic damage caused by the coronavirus..
BoE allows banks to tap capital cushion during coronavirusThe Bank of England told banks on Wednesday they can tap one of their capital buffers to maintain lending during the coronavirus epidemic, but warned they must not use the cash for bumping up bonuses..
Text: Bank of England cuts rates to 0.25% to bolster UK economyThe Bank of England cut its key interest rate to 0.25 percent on Wednesday and announced a raft of other measures to bolster Britain's economy against disruption caused by the coronavirus outbreak.
New BoE boss Bailey does not back immediate virus rate cutThe Bank of England should wait until it has more clarity about the economic hit from the coronavirus outbreak before making any decision to cut interest rates, its next governor Andrew Bailey said on..
Next BoE boss Bailey wants clearer view on coronavirus hit before rate decisionAndrew Bailey, the next governor of the Bank of England, said on Wednesday that he wanted to see more evidence about the economic impact of the coronavirus outbreak before deciding whether to cut..
Next BoE governor Bailey sees coronavirus help for UK firmsAndrew Bailey, set to become Bank of England governor just as Britain is facing an economic hit from coronavirus, said financial support would probably have to be rushed out for companies struggling..
UK will not appoint new BoE chief before December 12 election: officialBritain's government will not name a successor to Bank of England Governor Mark Carney before a national election due on Dec. 12, a finance ministry official, who declined to be named, said.
UK's Javid sees BoE governor appointment this autumn: ITVThe appointment process for the next governor of the Bank of England is on track and an appointment will be made this autumn, finance minister Sajid Javid said on Wednesday.
World needs to end risky reliance on U.S. dollar: BoE's CarneyBank of England Governor Mark Carney took aim at the U.S. dollar's "destabilizing" role in the world economy on Friday and said central banks might need to join together to create their own replacement..
Bank of England picks World War Two code-breaker Turing for banknotesMathematician Alan Turing, whose cracking of a Nazi code helped the Allies to win World War Two but who committed suicide after being convicted for homosexuality, will appear on the Bank of England's..
Hunt admits no-deal Brexit could be almost as damaging as 2008 financial crash - but will carry it out if necessary'The Bank of England's predictions are that it wouldn't be quite that bad, but it could be very serious'