Founded in 1694, the Bank of England (BoE) is the central bank of the United Kingdom. Sometimes known as the ‘Old Lady’ of Threadneedle Street, the Bank’s mission is "to promote the good of ...

The drop takes the pace of price growth to its lowest level since July 2021 but was slightly higher than analyst forecasts of a fall to 2.1pc. The decline in the pace of price rises will boost hopes ...

More than 30 areas in Britain will become “banking deserts” where not a single bank branch remains open by the end of this year. The number of UK bank branches to close their doors in the past ...

The Bank of England has continued to keep interest rates frozen at 5.25% in May – unchanged since August 2023. But pressure is mounting on the central bank after inflation fell to 2.3% in the 12 ...

The Bank of England was said to be almost certain to pass up the chance to cut interest rates next month after inflation figures exceeded the central bank’s expectations in April. Financial ...

Wall Street giant Goldman Sachs and Paris-based BNP Paribas both said the Bank of England will still begin ... followed by pub operator Mitchells & Butler, up 10pc. The biggest faller was City ...

THE LATE May bank holiday weekend is here and stores across the UK have revealed their opening hours. Shopping across the bank holiday will depend on the individual opening hours of ...

Admiral Taverns has reached an agreement to purchase 37 pubs from Fuller, Smith & Turner’s Tenanted Inns Division for £18.3m The cash sale proceeds for the portfolio, which generated £1.3m of profit ...

Inflation has sat above the Bank of England target of 2% every month since July 2021 - this is why in December of that year, the Bank started to raise its base interest rate in a bid to control it.

This marks the lowest level since July 2021, when inflation was at the Bank of England's target of two percent. Inflation began to rise towards the end of 2021 as demand for oil and gas increased ...

According to Newsround: “In the UK, we’ve had official bank holidays since 1871, when they were formally recognised by an Act of Parliament. “On these days, banks were allowed to close, which is where ...