The Bank of England will use newfound Brexit freedoms to shield Britain’s banks from international red tape, Andrew Bailey has said.

The most recent news from Nigeria and across the world is available at The News Chronicle. The News Chronicle provides the ...

The PA news agency looks at the outcome of the Bank of England’s decision, and whether rates will fall again soon.

The pound regained some of its losses after the Bank of England cut interest rates and reduced its growth forecast, causing initial market volatility. Governor Andrew Bailey's reassurances partially ...

Analysts are divided about how far and how fast the Bank of England is likely to cut interest rates this year following ...

Reeves gave the economy the fright of its life last July, by yelling about the £22billion “black hole” it was about to fall ...

The BoE's predictions follow its decision on Thursday to cut its main interest rate for the third time in six months. The ...

Danske Bank in Northern Ireland made a pre-tax profit of £218m in 2024, up 17% on the £186m profit made in 2023. It is among ...

On the upside, Legal & General surged as it announced the sale of its US protection business to Japanese peer Meiji Yasuda, with the latter taking a 5% stake in L&G in a deal worth $2.3bn.

House prices rose just a day after the Bank of England cut interest rates for the first time this year in a boost for the ...

Chancellor Rachel Reeves suffered a major blow after the Bank of England slashed its growth forecasts for this year.

Many economies seem to be settling into a lower-rate environment. That’s in stark contrast with the Federal Reserve, which ...