Bank of England

6 Articles
Economy

UK Property Market Slumps as Mortgage Approvals Hit Lowest Level Since December 2023

Britain's property market has suffered a sharp downturn as mounting fears of tax increases have driven mortgage approvals to their lowest level in...

Economy

Euro Gains Ground Against Pound as Political Risks and Bank of England Repricing Loom

Sterling has begun to surrender the gains it accumulated through spring, with the Euro to Pound exchange rate settling at 0.8663 on Friday...

Metro

British Banks Still Waiting for Access to Anthropic AI Model as US Politics Stalls Cybersecurity Push

British financial institutions remain locked out of a potentially groundbreaking artificial intelligence tool designed to test their defenses against cyber threats, more than...

Economy

Pound Sterling Opens Week Strong Against Naira Amid FX Market Pressure

The British currency, the British Pound Sterling, began the trading week on Monday, April 27, 2026, with heightened activity against the Nigerian currency...

World

Winston Churchill to Be Replaced by Wildlife on UK Banknotes, Sparking Outrage

Winston Churchill is set to be removed from the UK £5 banknote, replaced by a nature scene featuring native wildlife, in a redesign...

World

British Unemployment Rises to Five Year High With Wage Growth Cooling

Unemployment in the United Kingdom has climbed to its highest level in five years, according to newly released labor market data that also...