It will take more than two years for Britain’s economy to recover to its pre-COVID-19 level, a Reuters poll found, but the Bank of England was still expected to keep rates steady until at least 2024 and to avoid negative borrowing costs.
Bank of England says prepare for carbon prices to triple to $100 via @Jess_Shankleman
City sources say the Bank of England governor Andrew Bailey has told banks to step up plans for the UK to leave the EU without a trade deal
The Bank of England just announced it will finance the gvt directly. Meanwhile in the eurozone the tragi-comedy of errors, also known as the Eurogroup, will reconvene tonight to proclaim that the crisis is SO urgent that it will do NOTHING of macroeconomic significance.