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Brexit uncertainty will continue restricting the economy, policymakers say

The Bank of England has indicated that interest rates will continue to remain low as long as there is persistent uncertainty over the UK’s Brexit path.

Bank of England cuts growth forecast

The Bank of England has cut its growth forecast for the UK economy over the next two years.

No-deal Brexit could see interest rates fall, says Bank policymaker

Senior Bank of England official Gertjan Vlieghe says that interest rates may be reduced to near zero per cent should Theresa May’s prime ministerial successor follow through with a no-deal Brexit.

Woodford fund lockdown forces Bank to close in on investment funds

The Bank of England is conducting a review on investment funds after a series of red flags in a number of markets including property, debt and equity.

UK banks 'prepared for Brexit and US-China trade-war', says Bank of England

According to the Bank of England, the UK banking system is sufficiently prepared to absorb the financial impact of a no-deal Brexit following the publication of its Financial Stability Report.

150,000 UK firms ‘not fully ready for no-deal’, says Bank of England governor

Governor of the Bank of England Mark Carney revealed on Thursday that around 150,000 UK businesses have still not completed the necessary paperwork to continue exporting to the EU in a no-deal Brexit scenario.

Bank of England keeps interest rates frozen

UK interest rates remain unchanged by the Bank of England as it weighs up potential risks to economic growth.

Bank of England’s “worst-case scenario” projects house price fall

In September last year, Mark Carney, governor of the Bank of England, met with the cabinet and discussed the potential risks of leaving the EU without a deal.

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