Deputy governor stresses ‘upside risks’ to inflation and argues for cautious approach to further interest rate cuts ...

The Bank of England has embarked on a cost-cutting drive, reducing headcount and closing one of its London offices to free up ...

MILLIONS of households will breathe a sigh of relief next week as interest rates are expected to be cut further. The Bank of ...

LONDON, Dec 9 (Reuters) - The Bank of England is offering voluntary redundancies to staff at the central bank to help fund ...

The Bank of England is planning to reduce head count as its finances become strained by the cost of implementing the modernizations recommended by Ben Bernanke.

The central bank has invited employees to volunteer for potential layoffs under a time-limited redundancy scheme.

The Bank of England’s expected decision to cut interest rates by 25 basis points could be a “closer call” than markets ...

LONDON, Dec 8 (Reuters) - British inflation is likely to return to its 2% target "in the near term" as wage growth and ...

The Bank of England has issued a warning to its workforce over job cuts but stressed the scheme is "entirely voluntary".

The Bank of England needs to cut jobs in order to improve its forecasts and ramp up investment in outdated technology ...

The bank warned US stock price valuations are their most stretched since the dotcom bubble burst.

The Bank, led by governor Andrew Bailey (pictured) has written to the majority of its 5,700 employees inviting them to apply ...