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BIZARRE: The bank of england - What They Never Told You

New Bank of England chief cashier to ‘lead work on new generation of banknotes’

Rhys Phillips will take up the role as the Bank of England’s chief cashier and director of notes in October.

Evening Standard

Britain's FTSE indexes slip as miners offset financial gains

London's FTSE 100 saw a slight dip as precious metal miners declined, countered by gains in financial stocks. EasyJet surged on a sweetened takeover bid, while ITV advanced after agreeing to sell its media division. Investors are also watching for potential boosts to the UK government bond market from the…

The Economic Times

Global Market: Bank of England weighs leverage rule changes to boost gilt demand

Britain's government bond market could see a significant boost and borrowing costs slashed by over £1 billion annually if the Bank of England eases bank leverage rules. Major lenders are pushing for exemptions on government bonds, estimating substantial increases in gilt demand. However, former regulators warn this could weaken financial…

The Economic Times

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Nigel Farage reported to standards watchdog over 'crypto lobbying' amid £5m gift row

REFORM UK leader Nigel Farage has been reported to a standards watchdog over claims he lobbied the Bank of England on crypto policy that could…

The National (Scotland)

Burnham’s funding gap: what state are UK finances in for the PM-in-waiting?

Given pressures on the public purse, the Makerfield MP may have to look at autumn tax rises to fund his ‘new direction’

The Guardian - UK

Nigel Farage reported to standards watchdog over ‘crypto lobbying’

Commissioner asked to investigate Reform UK leader after private meeting with Bank of England governor

The Guardian - UK

UK house prices stall for second straight month as agents warn of summer slump

Average price of typical home little changed at £277,484 in June, says Nationwide, while housebuilder shares fall

The Guardian - UK

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US Federal Reserve chair Kevin Warsh says inflation risks ‘have come down’ – as it happened

Oil prices fall over 1% after Trump says US ‘getting along very well’ with Iran; technical talks reportedly under way in Doha, with Qatar and Pakistan acting as mediators

The Guardian - UK

‘Am I losing this battle? Yes’: Martin Lewis on the online scams that steal his identity – and others’ life savings

Trusted by millions, the finance expert has seen his name and face used to mis-sell a string of fake investments. And yet, he says, it would be ‘very simple’ for the government to stop them

The Guardian - UK

Nigel Farage referred to financial regulator over donations from crypto-billionaire

Christopher Harbone has donated millions to the Reform UK leader and his party

The Independent UK

Bank rate-setter Taylor urges ‘extended hold’ for interest rates

However, he added that the Bank should look at possible cuts if the conflict in the Middle East calms and energy prices sink.

Evening Standard

Keir Starmer’s economic legacy – in charts

PM said Labour had turned economy around – but his record on growth and unemployment appears mixed

The Guardian - UK

The best fixed-term savings accounts which can earn you up to 4.85%

Challenger banks offer better deals than the big high street names

The Independent UK

UK banks asked to stress-test their systems against ‘plausible’ global recession

The scenario would see both inflation and interest rates climb to 7 per cent

The Independent UK

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Evening Standard

FTSE down as Bank of England keeps interest rates steady

The FTSE 100 closed down 108.91 points, or 1.0%, at 10,399.70.

Evening Standard

Why have interest rates stayed the same and what could happen next?

The Bank decided to keep rates unchanged at 3.75%, the fourth meeting in a row where rates have been held at this level.

International Business Times

Bank of England Holds Interest Rates Unchanged, In Line With Expectations

The Bank of England held interest rates unchanged at 3.75%, in line with expectations.

The Economic Times

UK Pound hits two-month low as dollar surges and BoE holds rates

The British pound has fallen to its lowest point in two months. This happened as the US dollar strengthened due to expectations of interest rate hikes in America. The Bank of England decided to keep borrowing costs unchanged. This cautious approach by the Bank of England contrasts with recent moves…

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The Economic Times

Bank of England votes 7-2 to hold rates at 3.75%

The Bank of England has chosen to maintain interest rates at 3.75 percent, a decision that aligns with prevailing predictions among economists. Although consensus prevailed, a couple of policymakers pushed for a higher rate. As Governor Andrew Bailey notes, inflationary pressures are expected to rise, despite the prospect of a…

AAP

Bank of England holds main interest rate at 3.75% as Iran war inflation pressures ease

The Bank of England is holding its main interest rate at 3.7% as the inflation pressures on the British economy have become more benign after the U.S. and Iran signed a deal to sign deal to end their war

Euronews

Bank of England holds main interest rate at 3.75% as inflation steadies

The Bank of England left its key interest rate unchanged at 3.75% for a fourth consecutive meeting after fresh data showed inflation holding steady and the labour market continuing to cool without a sharp deterioration.

Evening Standard

Bank of England keeps interest rates at 3.75% as inflation to rise

The bank warned that inflation and the cost of living is set to rise this year amid the fallout from the Iran war

The Independent UK

What are interest rates – and what does the Bank of England’s decision mean?

IN FULL

The Independent UK

Bank of England holds interest rates at 3.75% but says inflation still to rise

Policymakers nonetheless said that a recent fall in energy prices meant it was no longer expecting inflation to go as high as it was in April.

The Independent UK

Bank of England holds main interest rate at 3.75% as inflation pressures eases

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