News

The Bank of England said on Wednesday it had fined payment systems firm Vocalink Limited 11.9 million pounds ($16.19 million) ...
The growing role of hedge funds in the UK bond market is raising the risk of destabilizing selloffs, the Bank of England said ...
The British central bank said it continued to see dangers from "geopolitical tensions, global fragmentation of trade and ...
The BOE will take account of the rise in yields on longer maturity government bonds as it considers how far to reduce its ...
The Bank of England will review the overall level of capital requirements it sets for banks for the first time since 2019 ...
Pantomime aside, there was much to glean from the lengthy reports. But perhaps the most salient detail was the one ...
Vocalink says it processes more than 90% of salaries, 70% of household bills, and 98% of state benefit payments in the UK.
For the first time, the Bank of England (BoE) is sanctioning a financial infrastructure firm for compliance failures.
The future of the UK economy is weaker and more uncertain due to President Trump's tariffs and conflict in the Middle East, ...
A Mastercard subsidiary has been slapped with a £11.9m fine by the Bank of England after failing to respond to regulatory ...
Households and businesses nonetheless remain resilient, and the UK banking system is equipped to support them if conditions ...
Most British companies would withstand sharply higher tariffs even if their earnings fell 10 per cent and their borrowing costs surged, according to the Bank of England’s assessment of risks from US ...