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The PRA announces a delay to the implementation of Basel 3.1
Jan 7, 2025 · The Prudential Regulation Authority (PRA), in consultation with HM Treasury, has decided to delay the implementation of Basel 3.1 in the UK by one year until 1 January 2027. …
Bank of England warns of 'heightened ... - Associated Press News
Dec 19, 2024 · The U.K.’s central bank has warned about “heightened uncertainty” as it kept interest rates on hold after inflation moved further above target even at a time when the British …
The Bank of England's rate cut challenge: stumbling growth and …
2 days ago · The Bank of England must contend with a slowdown in Britain's economy but also stubborn inflation pressures when it considers whether to cut interest rates in early February …
Bank holds rates and warns they will stay high - or rise again - BBC
Nov 2, 2023 · The Bank of England has held the base interest rate at 5.25%. The Bank's Governor Andrew Bailey says rates "will have to remain where they are now for an extended …
Interest rates held as Bank says economy doing worse - BBC
Dec 19, 2024 · UK interest rates have been held at 4.75% after the Bank of England voted to keep borrowing costs unchanged. In an unexpected split, three members of the nine-member …
Bank of England says it is open to pro-growth bank reforms
6 days ago · The Bank of England (BoE) is open to discussions with Britain's government about new ways to help boost economic growth by paring back regulatory requirements for the …
Interest rates cut 'important moment', says Bank of England boss - BBC News
Aug 1, 2024 · In a closely-run decision, rates were lowered to 5% from 5.25% on Thursday, marking the first cut since the start of the pandemic in March 2020. Interest rates dictate the …
Bank holds rate but says it's 'optimistic' things moving in right ...
May 9, 2024 · The Bank of England will not necessarily wait for the US Federal Reserve to make a move on interest rates before it decides to cut rates in the UK, Andrew Bailey says.
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6 days ago · Promoting the good of the people of the United Kingdom by maintaining monetary and financial stability. Which firms does the PRA regulate? The Bank of England (BoE) is the …