The Bank of England must contend with a slowdown in Britain's economy but also stubborn inflation pressures when it considers whether to cut interest rates in early February as well as its message about the outlook for the rest of the year.

The Bank of England (BoE) is open to discussions with Britain's government about new ways to help boost economic growth by paring back regulatory requirements for the financial services industry, Deputy Governor Sam Woods said on Monday.

Mark Carney was the first non-British person to become governor of the Bank of England in its more than 300-year history when he took the job in 2013. He had previously worked at the investment bank Goldman Sachs, and served as the governor of the Bank of Canada, the country's central bank.

The disappointing retail data adds to the dim economic picture in the U.K. and to the challenges facing Finance Minister Rachel Reeves.

London was the only UK region to see house price falls in the year to November, according to the latest figures from the Office of National Statistics (ONS). Property prices in the capital dropped 0.1 per cent to an average of £511,000 in November, a slight improvement on the 0.4 per cent fall recorded in October.

Geoffrey Bell, who has died aged 85, was a globetrotting financial adviser and the founder of the Group of Thirty, an elite international assembly of economists and monetary experts.

Adrienne Harris, Superintendent of the New York Department of Financial Services (NYDFS), has unveiled a new exchange program, Transatlantic Regulatory Exchange ("TRE").

LONDON (WKRC) - A man was sentenced after he used locker codes belonging to gym members to gain access to their bank accounts. According to PEOPLE, 35-year-old Declan Murphy of Bromley, England was sentenced after he stole locker pins and used them to get into multiple bank accounts.

The Bank of England is advancing its central bank digital currency project with the creation of a new testing laboratory

AN online-only bank has bucked the trend and increased interest rates on savings accounts as millions are hit with cuts. Revolut, which has over 10million UK customers, has hiked rates on five

The Bank of London missed the deadline for filing its 2023 accounts with Companies House, marking a significant issue for the financial institution.

Employers are cutting jobs and raising prices to offset tax increases, with wages still growing too fast for policymakers’ comfort