Business
BOE cuts banks’ benchmark capital requirements ahead of review
The Bank of England has cut its estimate of how much capital the UK’s banking sector needs for the first time in a decade, and signalled a…
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BOE
Business
BOE holds rates at 4%, keeps cautious stance on future cuts
Policymakers also voted to reduce the pace at which the BOE is reducing its government bond holdings The Bank of England held interest…
Business
UK firms struggle to grow as BOE rate decision approaches
The S&P Global UK Composite Purchasing Managers’ Index (PMI) slowed to 51.0 points from 52.0 in June British business activity grew only…