Bank of England urges banks to quantify climate risks properly
"From 2022, we will incorporate supervision of climate-related financial risks into our core supervisory approach," the central bank said in a letter to bank CEO
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Bank of England
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The Bank of England is the UK's central bank. Our mission is to deliver monetary and financial stability for the British people. The Bank was established in 1694 to act as banker to the Government. We are still owned by the Government, but we set monetary policy independently.
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FTSE 100 ends higher after comments from Fed chair Powell ease rate rise fears
London's blue chips gain as US stocks higher midday
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FTSE 100 closes with strong showing as Omicron, inflation fears fade
The blue-chip index closed above 7500 for the first time since February 2020
UK inflation set for highest rise in three decades next year, economists warn
Economists at Citigroup warned that headline inflation could hit 6.8% next year
Standard Chartered slapped with £46.5mln fine by Bank of England
The fine issued is the largest given by the PRA where it was only acting as a regulator
FTSE 100 finishes week in topsy-turvy style, Wall Street undecided on sell-off
Tesla and Nvidia are mounting a comeback for big tech stock
Bank shares jump as Bank of England raises interest rates
The bank's monetary policy committee said the effect of the Covid-19 Omicron variant on the economy was as yet unclear, with analysts saying the hike was a tacit admission that there should have been one a month ago
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FTSE 100 soars at the end of the day on BoE decision
The UK's blue chip index saw a big jump at the close as the Bank of England signaled cautious optimism amid Omicron fears.
Hardware & electrical equipment
Bank of England interest rates decision and Daily Mail bid set Thursday's agenda
UK inflation rising to the highest in a decade has added more pressure on the Bank of England
FTSE 100 ends lower as consumer prices surge
The UK blue chip index falls as UK consumer price inflation jumps to 5.1% and US markets head south
Bank of England warns cryptocurrency assets could disturb the financial system
It is estimated that approximately 2.3mln people hold cryptos with an average of £300 per person
Britain's bank finances in tip top shape concludes latest stress test
Analysts expect a wave of cash handouts from the banks to follow the stress test results
Banks' capacity for dividend distributions will be determined at today's Bank of England stress tests
Britain’s big banks have around 27% of their market valuations available to fund shareholder distributions or for other uses, according to JPMorgan
Banks could face easing of mortgage affordability rules - report
At the moment, borrowers have to calculate whether customers will be able to afford an additional 3% interest rate charge after their initial mortgage deal ends
30-year and 40-year mortgages becoming more common in UK - report
The lender said fixed-for-term mortgages are already popular in some parts of continental Europe
FTSE 100 ends the day on a downward trend; Wall Street mixed as inflation concerns outweighs solid earnings
The UK blue chip index close to day's low while US markets head south after latest data
All eyeballs on inflation stats on Wednesday
Economists will be looking out for PPI, RPI and CPI numbers on Wednesday.
Bank of England and Treasury to consult on digital currency
The earliest date for launch of a UK CBDC would be in the second half of the decade
UK shares now worth a post-Brexit punt – JP Morgan
JP Morgan last year stopped the shorts and now reckons UK equities are too cheap.
Bank of England leaves interest rates unchanged, surprising financial markets
Financial markets overwhelmingly anticipated a rate hike, while half of economists were predicting a rise to 0.25%