Governor Aleš Michl’s suggestion that the Czech National Bank allocate 5 per cent of its €140bn reserves to bitcoin is not just unorthodox — it is reckless reserve management disguised as innovation ( ...

The BoE is also grappling with sagging UK business confidence and surveys point to corporate redundancies. Data suggests the UK economy probably failed to grow in the final months of 2024.

The cut should feed through relatively quickly to the 1.5 million homebuyers with mortgages that track the Bank of England base rate, giving these individuals a noticeable boost. However, it is likely ...

London bullion market players are racing to borrow gold from central banks, which store bullion in London, following a surge ...

The group of roughly six to 10 people will focus on the modelling and simulation of market-wide stress scenarios, Risk.net has learned. The team will work initially on building agent-based models – ...

The pound was little changed on Thursday as markets were focused on a raft of major central bank meetings that will culminate ...

British factories reported another tough month in January as output, new orders and employment all fell, with companies hit ...

Deutsche Bank has suffered a 92pc slump in its profits amid a major downturn in the German economy ...

Mark Carney was the first non-British person to become governor of the Bank of England in its more than 300-year history when he took the job in 2013. He had previously worked at the investment bank ...

The surge in wages, coupled with companies reducing their workforce, “muddies the picture” for the Bank of England in terms ...

LemFi, a London-based startup specialising in international payment services for immigrant communities in the UK, USA, Canada ...

US Federal Reserve chief Jerome Powell (pictured) mounted a robust defence of the central bank's independent decision making.