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Bank of England News

Andrew Bailey Urges Social Media Firms to Crack Down on Online Scams

Andrew Bailey urges social media firms to curb scams

New UK Banknotes to Feature Four Native Wildlife Species

UK banknotes to feature four wildlife species

Global Central Bank Leaders to Convene in Istanbul for Economic Forum

Central bankers gather in Istanbul for economic forum

Bank of England Holds Rates at 3.75%

The Bank of England has maintained its policy interest rate at 3.75%, aligning with market expectations. The bank noted that Middle East conflicts could increase energy prices, posing an upside risk to inflation.

Bank of England to Hold Rates Amid Inflation

The Bank of England is anticipated to maintain its current interest rates, even as inflation continues to rise in the UK. Investors are looking ahead to potential rate hikes later in the decade.

UK Inflation Rises to 5-Month High

UK annual inflation increased to 3.1% in August, reaching a five-month peak primarily due to rising fuel prices. This rise is expected to pressure the Bank of England to consider further interest rate hikes.

Dutch Central Bank Moves Billions in Gold Reserves to London for Crisis Preparedness

Dutch Central Bank Moves Billions in Gold to London

Bank of England Governor Warns Advanced AI Poses Global Financial Stability Risk

BoE Governor: Advanced AI Risks Global Financial Stability

The Bank of England is the central bank of the United Kingdom, responsible for monetary policy and financial stability.