European markets sink as trade war fears build

By |avgust 2nd, 2018|Bank of England, China, Donald Trump, financial markets, News, trade war, US|

European equities markets were in the red on Thursday as trade war fears ratcheted higher after the United States said it was looking at more than doubling threatened tariffs on a range of Chinese imports.

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Bank of England poised to raise rates in the face of Brexit risk

By |avgust 2nd, 2018|Bank of England, Brexit, Inflation, interest rate, News, no deal scenario, recession, trade war, United Kingdom|

The Bank of England looks set to raise interest rates on Thursday (2 August) to their highest level since the financial crisis, defying warnings that it is taking a gamble ahead of Brexit, the terms of which remain unclear.

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Bank of England says Brexit transition desirable as banks set out contingency plans

By |avgust 9th, 2017|Bank of England, banking, Hard Brexit, News|

The Bank of England said a transition period after the Britain leaves the European Union would give banks more time to make orderly changes as Brexit poses risks to financial stability.

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Bank of England chief tries to avoid Brexit bank bedlam

By |april 7th, 2017|Bank of England, Brexit, Mark Carney, News, passporting|

Bank of England Governor Mark Carney called today (7 April) for Britain and the EU to reach a sweeping deal to recognise each other’s bank rules after Brexit or risk a potentially damaging hit to financial services across Europe.

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