U.K
British banks to rake in £270m profit boost from Bank of England rate hike
The Bank of England’s widely anticipated interest rate rise will increase the profitability of the UK’s biggest banks by £274m…
Britain on the hook for extra £30bn ‘if things go sour’, EU’s bank warns
The UK may be forced to wait 30 years to get its money back from the EU’s bank after Brexit…
Foreign banks paid £17.3bn in UK tax last year
Banks’ contribution to the UK’s public finances climbed 3.5pc to £35.4bn last year, underlining the importance of the sector and…
Positive economy clears way for possible UK rate hike
Britain’s sluggish economy perked up slightly during the past three months, an unexpected boost that clears the way for the…
Bank of England has way too many white men, U.K. lawmakers say
The Bank of England has way too many white men at the top, a U.K. parliamentary committee has warned. The…
Bank of England warns rate hike within months if inflation keeps rising as pound hits one-year high
The United Kingdom’s central bank, the Bank of England, Thursday said its officials are preparing to raise interest rates within…
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