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Science & Technology
March 19, 2020
In response to virus, Bank of England cuts main rate to 0.1%
The Bank of England slashed its main interest rate to 0.1%, the lowest level since its founding in 1694, and reactivated a ...
March 11, 2020
UK interest rates cut, funds freed up to ease virus impact
Britain took bold steps on Wednesday to cushion the economic shock of the coronavirus outbreak, as the government announced ...
February 20, 2020
Artist JMW Turner replaces Adam Smith on new UK banknote
Britain's new 20-pound (about $29) note went into circulation Thursday — one that replaces the image of a pioneering ...
January 16, 2020
UK's Johnson picks Bank of England governor to climate role
Britain's prime minister has appointed outgoing Bank of England Governor Mark Carney to a special advisory role ahead of the ...
January 15, 2020
UK inflation at lowest since late 2016, stokes rate cut talk
Inflation in Britain has fallen to its lowest level since November 2016, official figures showed Wednesday, heightening ...
January 09, 2020
UK interest rates could be cut soon, central banker hints
U.K. interest rates could be cut as soon as this month to shore up an economy that's barely growing even as some Brexit ...
December 20, 2019
Andrew Bailey to succeed Carney as Bank of England governor
Andrew Bailey, head of Britain’s financial watchdog, will be the next governor of the Bank of England, where his top ...
December 19, 2019
Bank of England holds key rate at 0.75%
Bank of England says it has decided to hold its key interest rate at 0.75%, as markets widely expected. The decision was ...
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