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Bank of England responds to pound plummet by vowing to alter rates ‘as essential’

On Monday the pound nosedived to its lowest level against the dollar since decimalisation in 1971, because it fell greater than 4 percent.

Bank of England Raises Interest Rates to 2.25%

Last month, the bank predicted that the economy would weaken all through next 12 months as household incomes were significantly squeezed by high inflation,...

Sweden’s central bank launches 100 basis point rate hike

Sweden's Riksbank launched a 100 basis point hike to rates of interest on Tuesday because it looks to rein in inflation.Mikael Sjoberg/Bloomberg via Getty...

Bank ‘to boost rates of interest’ despite slight fall in inflation

THE Bank of England is forecast to boost rates of interest again, despite signs that inflation eased last month.

Bank of England delays rate of interest decision after Queen’s death

The UK's central bank postpones its meeting by every week "in light of the period of national mourning".

Why China’s central bank is shoring up the yuan

The Chinese yuan has tumbled to two-year lows against the U.S. dollar in the previous few weeks.Sopa Images | Lightrocket | Getty ImagesBEIJING —...

Bank official calls for forceful rate rises as Truss takes power

Truss gets an economic reality check: Pound nears a 37-year low as...

Stanbic Bank and National Basketball Association (NBA) Africa to Support Youth Basketball Development in South Sudan

Stanbic Bank in South Sudan and NBA (www.NBA.com) Africa last week announced a multiyear collaboration to support youth basketball development in South Sudan by...

Thieves steal woman’s phone and bank cards and spend £5,000 in shopping spree | Personal Finance | Finance

Charlotte Morgan took to Twitter to share her horrible experience after thieves stole her bag along with her phone and bank cards from her...

Lloyds Bank issues scam warning as Britons lose £1,457 to fraud | Personal Finance | Finance

“So, even though it is tempting – especially after I don’t have a whole lot of money – it is best to stick with...

Anshu Jain, Who Took Deutsche Bank to Wall Street, Dies at 59

As he ascended to increasingly powerful positions in Deutsche Bank’s investment bank, eventually becoming its chief, Mr. Jain built a cadre of loyal underlings...

RUTH SUNDERLAND: Andrew Bailey under pressure at Bank of England

RUTH SUNDERLAND: Andrew Bailey could also be ensconced at Bank of England...

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