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Carney: Bank of England will take 'whatever action needed'

2016-08-04 15:16:48| BBC News | Business | UK Edition

The Bank of England announces measures to stimulate the UK economy, with Governor Mark Carney saying it was ready to "take whatever action is needed".

Tags: action needed bank england

 

Why has the Bank of England cut interest rates?

2016-08-04 13:02:57| BBC News | Business | UK Edition

The Bank of England has cut interest rates to a record low of 0.25%. The BBC's economics editor Kamal Ahmed tells us why.

Tags: interest rates bank cut

 
 

World Bank president: Brexit 'contributed to slow growth'

2016-08-03 16:10:05| BBC News | Business | UK Edition

The president of the World Bank says Brexit has had a negative impact on the global economy, creating difficulties for developing countries

Tags: world bank growth president

 

HSBC: Bank sees sharp drop in pre-tax profit

2016-08-03 06:35:53| BBC News | Business | UK Edition

Banking giant HSBC reports a sharp drop in pre-tax profit for the months from April to June, down 40.9% from the previous quarter.

Tags: bank drop profit sharp

 

FTSE 100 falls as bank shares slide

2016-08-02 10:37:36| BBC News | Business | UK Edition

Bank shares drag the FTSE 100 lower, as the banking sector across Europe comes under pressure.

Tags: bank falls shares slide

 

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