Founded in 1694, the Bank of England (BoE) is the central bank of the United Kingdom (UK). Known as ‘The old lady of Threadneedle Street’, the bank’s mission is "to promote the good of the ...
The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.
The Bank of England cut interest rates on Thursday as it halved its growth outlook for this year and said a jump in inflation ...
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