Bank of England
The interest rate was increased to an anticipated 5.25%, the bank's 14th hike in a row. The bank is expected to continue with its policy of hiking the interest rate in the next months to combat inflation.
16 Oct 2022
The Bank of England has expanded its emergency purchases of government bonds to calm financial markets riled by a government plan to cut taxes. As a crucial deadline looms, everyone is asking: will it work?
12 Oct 2022
The UK's central bank says it is widening a debt purchase scheme to stem a collapse in the government bond market. Britain's central bank said its aim was to ward off a "material risk to UK financial stability."