Bank of England proposes hike to deposit guarantee for savers
The Bank of England has proposed raising the protection limit for savers in case a bank fails to 110,000 pounds ($142,300), ...
UK Proposes to Raise Cap on Bank Deposit Insurance to £110,000
The Bank of England has proposed increasing the limit on deposits legally protected in the event of a bank failure by almost ...
Bank of England to hike FSCS protection from £85,000 to £110,000
UK depositors will receive greater protection from the Bank of England as the amount of money covered by a nationwide deposit ...
Bank of England plans to raise deposit guarantee from £85,000 to £110,000
The Bank of England has proposed raising the amount of money covered by the UK deposit guarantee scheme from £85,000 to £110,000 under plans that are likely to increase the contribution lenders make ...
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Bank of England starts 2025 capital stress test for lenders
The participating financial institutions are Barclays, HSBC, Lloyds Banking, Nationwide, NatWest, Santander UK, and Standard ...
Bank of England lends 62.509 billion pounds at short-term repo, new record
The Bank of England on Thursday allotted a record 62.509 billion pounds ($80.94 billion) in seven-day funds in its weekly ...
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Bank of England keeps rates on hold, warns against assumptions for cuts in face of uncertainty
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Bank of England expected to keep rates on hold amid headwinds it can't fully predict or control
The Bank of England is widely expected to hold interest rates when it meets on Thursday, as the U.K. faces economic headwinds ...
Best cash-saving deals as Bank of England holds interest rates
Experts urge savers to shop around for the best deals and review their accounts regularly, as many may still be sitting on ...
With outlook uncertain, the Bank of England joins the US Fed in putting interest rates on hold
The Bank of England has kept its main U.K. interest rate unchanged at 4.50% even though the economy is barely growing and the ...
As Britons Prepare for Inflation Jump, Bank of England Remains Cautious
Policymakers held interest rates at 4.5 percent on Thursday as they warned of rising economic uncertainty. Households are ...
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Bank of England holds interest rates at 4.5% as governor warns of uncertainty
The Bank of England has held interest rates at 4.5%, in a widely-expected move Governor Andrew Bailey says "there's a lot of uncertainty at the moment", but interest rates remain on a "gradually ...