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BoE predicts best economic year for the U.K. since 1941

The bank is projecting economic growth of 7.25% for the U.K. in 2021

  • May 6, 2021 May 6, 2021
  • 11:00

“Britcoin” digital currency being considered by U.K.

The new currency would exist alongside cash and bank deposits

  • April 19, 2021 April 19, 2021
  • 11:23

U.K. economy bounces back in summer but faces wintry chills

British economy nearly 10% smaller than in 2019

  • November 12, 2020 November 12, 2020
  • 11:33

U.K. economy in recession after 20.4% second quarter slump

Monthly data indicated the economy began to bounce back in June

  • August 12, 2020 August 12, 2020
  • 10:07

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