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LONDON — Bank of England (BoE) Chief Economist Andy Haldane said inflation could rise by more than expected as progress on coronavirus disease 2019 (COVID-19) vaccines and huge amounts of stimulus raised the chances of a swift economic bounce-back.
WHEN Tottenham Hotspur striker Son Heung-Min put the ball in the back of the net early in the second half against Crystal Palace in April of last year, he etched his name into history as the first player to score at his soccer club’s glistening new 62,000-seat north London home. Less than a year after his team’s triumphant 2-0 win that day, the £1-billion ($1.3-billion) stadium sat eerily empty as a coronavirus lockdown brought sports, and much of normal life, to a halt across the UK.
TWO TOP Bank of England (BoE) officials suggested that the United Kingdom (UK) financial system’s rules may have to diverge from the European Union’s (EU) after Brexit — a topic that’s becoming as a major point of contention between the two sides.
LONDON — Britain’s financial regulators said on Tuesday they will transform their data crunching capabilities over the coming decade to spot problems in banks and markets earlier.
THE BANK of England (BoE) asked regulators to investigate how an audio broadcast of some of its press conferences was misused to potentially give traders an unfair advantage.
LONDON — The Bank of England (BoE) said on Monday it planned to adjust the rules on how much capital British banks must hold, to allow them to keep lending in an economic crisis.
LONDON — More realistic curbs on investors wanting to pull cash from funds could make investing in infrastructure more attractive and bolster economic growth, a senior Bank of England (BoE) official said on Monday.
THE BANK OF England (BoE) is launching a new liquidity facility in euros in the final few weeks before the scheduled date for Britain to leave the European Union.
TARRED by a fixing scandal that struck at the height of the financial crisis, bankers and investors for years have been grappling with finding...