Home Pan Pylas

European economies on course for unprecedented recessions

EU leaders will hold a virtual summit Thursday to discuss a financial aid package

  • April 23, 2020 April 23, 2020
  • 11:41

In response to virus, Bank of England cuts main rate to 0.1%

“The public demands fast action,” said the central bank’s new governor

  • March 19, 2020 March 19, 2020
  • 15:20

Bank of England cuts key interest rate in response to virus

The cut took the main rate to a record-low 0.25%

  • March 11, 2020 March 11, 2020
  • 11:07

Bank of England audio feed ‘misused’ by hedge funds

The central bank referred the case to the Financial Conduct Authority

  • December 19, 2019 December 19, 2019
  • 12:15

U.K. economy shrinks for first time since 2012 as Brexit bites

The decline was unexpected

  • August 9, 2019 October 31, 2019
  • 16:13

Bank of England keeps key interest rate on hold at 0.75%

Fears of a no-deal Brexit are hobbling growth, bank says

  • August 1, 2019 October 17, 2019
  • 10:48

Johnson’s win elevates ‘no deal’ Brexit risks to U.K. economy

Economists warn of deep recession if the U.K. leaves the EU without a deal

  • July 23, 2019 October 17, 2019
  • 10:08

Bank of England’s Carney extends term at helm to January 2020

The decision helps reduce one of the immediate uncertainties surrounding Brexit

  • September 11, 2018 October 11, 2019
  • 11:55

EU ministers to consider financial transaction tax

Policymakers remain wary that government debt crisis could flare up again

  • September 6, 2010 September 6, 2010
  • 19:15

German growth helps eurozone economy grow by 1% in Q2

Exporters reap the benefits of a recovery in global demand

  • August 13, 2010 August 13, 2010
  • 07:43