Bank of England job fears as Bailey warns of tough choices
Staff at the Bank of England are on alert for potential job cuts in Threadneedle Street after the governor, Andrew Bailey, warned of tough decisions about the institution's future cost base.
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The Bank of England has held interest rates at 3.75% but signalled that further cuts are now "likely" later in the year as inflation falls back to the Bank's 2% target faster than expected....05-02-2026, 12:04 PM -
The governor of the Bank of England has joined a chorus of opposition to the treatment of his US counterpart following revelations he is facing a criminal inquiry.
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The Bank of England will not need to raise interest rates this year to combat the effects of rising energy costs, according to the world's lender of last resort.
More...18-05-2026, 12:49 PM