Bank of England warns of risks from non-banks in future markets crisis
More work is needed to tackle risks outside the banking sector, according to a Bank of England study which found that a market crisis would be amplified by fire sales of assets by pension funds, hedge funds and other investors.
Bank of England warns of risks from rise in global trade barriers
By William Schomberg, Lawrence White and Suban Abdulla LONDON (Reuters) -The Bank of England warned on Friday that higher trade barriers could hit global growth and feed uncertainty about inflation, potentially causing volatility in financial markets and pushing up borrowing costs for businesses and consumers.
Bank of England warns of growing financial risks from trade war
The Bank of England warns of heightened financial risks from trade wars, geopolitical instability, and shadow banking vulnerabilities, posing challenges to the UK economy and financial system.
Bank of England’s shock warning over long term housing costs
Around half UK mortgage borrowers face higher rates over the next three years, the Bank of England has warned . The latest BoE financial stability report – released twice a year – shows 4.4m homes set to refinance at higher rates in 2025 to 2027.
Bank of England: Rising Trade Barriers Imperil Global Growth
Global trade barriers threaten global economic growth and unsettle the stability of the UK’s financial system.
Higher trade barriers pose risks to U.K. financial stability, BOE warns
The Bank of England warns of potential financial stability risks from higher trade barriers, geopolitical tensions, and pressures on government debt levels.
BOE’s Head of FX Calls Out Hedge Funds for Ignoring Global Code
Financial regulators may soon pressure hedge funds and trading venues that haven’t yet signed the FX industry’s global code ...
Nearly 4.5m households are facing a mortgage timebomb, warns Bank of England
The central bank emphasised that UK lenders remain in a strong position to support households and businesses, even if the ...
He Helped ‘Break’ the Bank of England. Now He May Run the U.S. Treasury.
Scott Bessent’s former colleagues and rivals see the prospective Treasury secretary as a thoughtful choice with a broad ...
UK Statisticians Warn of Fresh Delay to New Labor Market Data
The UK statistics agency warned of a fresh delay to its switch to a new labor market survey, a setback that is likely to ...
Half of mortgage holders facing payment increase, warns Bank of England
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Bank of England and UK Financial Conduct Authority Findings on Third Survey of Artificial Intelligence and Machine Learning in UK Financial Services
The Bank of England published the findings of its third joint survey with the U.K. Financial Conduct Authority on the use of Artificial ...
Transformation of iconic Liverpool bank building into renowned restaurant
An iconic Liverpool bank building located in the city centre has recently transformed into a renowned restaurant brand. One ...
Central Banking3h
BoE to reduce frequency of stress tests on major UK banks
Renamed the “bank capital stress test”, the comprehensive exercise will continue to feature the major UK banks, with the same ...