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BoE to allow EU banks to operate in UK as normal after Brexit: BBC
Wed, Dec 20, 2017
The Bank of England will allow European banks to continue selling their services in the United Kingdom without having to create expensive subsidiaries after Brexit, even if no divorce deal is struck between London and Brussels, the BBC reported.
Number of UK workers edges down again, but pay growth picks up pace
Wed, Jan 18, 2017
The number of people in work in Britain fell for a second time in a row in the three months to November, official data showed on Wednesday, a latest suggestion that the Brexit vote may be making employers nervous about hiring.
Fitch affirms British debt rating, outlook negative
Sat, Dec 10, 2016
The Fitch ratings agency on Friday affirmed the AA long-term debt rating and negative outlook for the United Kingdom (UK) and the Bank of England (BoE), when they have been since June.
Bank of England's Governor Mark Carney likely to leave in 2018: Report
Sun, Oct 30, 2016
Bank of England (BoE) Governor Mark Carney is unlikely to take up the option of a three-year extension to his term at the central bank, and may announce his decision as soon as on Thursday, British newspapers reported at the weekend.
Gold edges up as bargain hunters step in after falls
Thu, Oct 06, 2016
Gold edged higher on early Thursday as bargain hunters stepped in to buy after the metal hit fresh three-month lows in the previous session, ahead of Friday's non-farm payrolls report. Fundamentals
Global monetary easing moves hit 200th milestone since January 2015
Wed, Sep 28, 2016
Armenia does not often take the global financial spotlight but a routine rate cut by the tiny former Soviet republic this week marked a global milestone - the 200th case of policy easing worldwide since the start of last year.
Global stock index rises, led by Europe; pound weakens
Wed, Aug 10, 2016
An index of global stocks climbed to its highest level in nearly a year on Tuesday, led by European shares, while the British pound weakened on the prospect of easing monetary policy in the country.
Bank of England cuts rates for first time since 2009, restarts bond purchases
Thu, Aug 04, 2016
"Following the United Kingdom`s vote to leave the European Union, the exchange rate has fallen and the outlook for growth in the short to medium term has weakened markedly," the central bank said in its quarterly Inflation Report.