Financial IT2h
£1.3 Trillion Of UK Savers’ Cash Earning Them Less Than Half Of The Bank Of England Base Rate
UK savings is sitting in low interest savings accounts earning less than 50% of the Bank of England base rate (currently 4.5%), according to analysis of Bank of England credit data by Flagstone, the ...
Bank of England allots record 61 billion pounds in short-term repo
The Bank of England on Thursday allotted a record 61.146 billion pounds ($79.18 billion) in seven-day funds in its weekly ...
Cyprus Mail on MSN8h
Bank of England appoints new chief operating officer
The Bank of England (BoE) said on Wednesday it appointed Sarah John, the central bank’s current Chief Cashier, as its new Chief Operating Officer.John will be replaced by Executive Director for ...
UK Watchdogs Abandon Diversity Work After Backlash from Bankers
Top UK regulators abandoned proposals to boost diversity across financial firms as they lean into the Labour government’s ...
Bank of England Hands Staff Inflation-Matching 3% Pay Raise
The Bank of England will hand its staff an inflation-matching 3% pay rise in 2025-26, an award that may disappoint some ...
Bank of England appoints Sarah John as its new COO
The Bank of England (BoE) said on Wednesday it appointed Sarah John, the central bank's current Chief Cashier, as its new ...
Bank of England allots most money since 2020 at indexed long-term repo
The Bank of England said it allotted 2.127 billion pounds ($2.75 billion) of six-month funds to banks at an indexed long-term ...