Post-Brexit ‘Big Bang’ reform of UK financial sector a ‘damp squib’, say lawmakers
People walk through the City of London financial district in London, Britain, September 13, 2021. REUTERS/Hannah McKay/File Photo Acquire Licensing...
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Bank of England asks banks to report private credit exposure -sources
A pedestrian walks past the Bank of England in the City of London, Britain, September 25, 2023. REUTERS/Hollie Adams/File Photo Acquire Licensing RightsLONDON, Dec 7 (Reuters) - Britain's top financial regulator has asked banks active in the so-called private credit market for details of their exposure to an area which it has identified as a top systemic danger, people with knowledge of the matter told Reuters.The global market for private credit, which largely involves leveraged loans made to indebted companies, grew to nearly $1.5 trillion in 2022, a jump of...
Bank of England says UK coping with higher rates for now but sees risks ahead
A general view shows the Bank of England in London, Britain, September 21, 2023. REUTERS/Peter Nicholls/File Photo Acquire Licensing RightsLONDON,...
Central bank blunders undermine tough rate talk
LONDON, Dec 5 (Reuters Breakingviews) - Words are fighting it out with numbers in financial markets at present. Comments by...
Britain yet to make the case for a digital pound, lawmakers say
The Bank of England is seen reflected on a balloon with the pound symbol during a protest against the hiking...
Bank of England drags Bagehot into the shadows
LONDON, Dec 1 (Reuters Breakingviews) - Walter Bagehot’s 1873 book “Lombard Street” is a bible for financial policymakers. The English...
EU committee backs law to relocate euro clearing from London to bloc
European Union flags fly outside the European Commission in Brussels, Belgium, November 8, 2023. REUTERS/Yves Herman/File Photo Acquire Licensing RightsLONDON,...
BoE’s Bailey says getting inflation to 2% will be ‘hard work’
Governor of the Bank of England Andrew Bailey addresses the media during a press conference concerning interest rates, at the...
Sterling hits 10-week high, BoE officials reiterate higher-for-longer stance
British Pound and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing...
Fall in UK rate curve shows markets more upbeat than BoE, Ramsden says
Deputy Governor for Markets and Banking of the Bank of England Dave Ramsden attends a press conference concerning interest rates,...
