Bank of England

British Prime Minister Rishi Sunak has drawn the ire of his fellow politicians after the UK authorities reportedly spent GBP 1.3 million, Rs 12 crore when it comes to the Indian rupee, of taxpayer's cash to accumulate a bronze sculpture…

The tussle between Indian monetary market regulators and their friends in developed international locations over 'extra-territorial jurisdictions' is enjoying out on a number of fronts, leaving a dozen MNC banks making an attempt to…

Britain's Prime Minister Liz Truss apologised for "errors" in her programme that brought on investor confidence to evaporate and her ballot rankings to plunge earlier than almost all of it was lastly shredded on Monday, however stated…

Asian share markets slipped on Monday following one other drubbing for Wall Avenue as traders brace for additional drastic tightening in international monetary circumstances, with all of the dangers of recession that brings.…

Sterling rose to a contemporary one-week excessive on Friday, serving to to push the U.S. greenback index to a one-week low, as British policymakers moved to undo among the harm brought on by final week's tax-slashing, debt-swelling…

The pound languished close to a report low on Wednesday on lingering considerations over Britain's radical tax cuts to spur progress, whereas the greenback edged up after Treasury yields surged in a single day. Sterling fell 0.4% to…

The Worldwide Financial Fund overtly criticised Britain's new financial technique on Tuesday, following one other slide in bond markets that compelled the Financial institution of England to vow a "important" response to stabilise the…

Sterling tumbled to a report low on Monday as merchants scampered for the exits on hypothesis the brand new authorities's financial plan will stretch its funds to the restrict. The British pound's searing fall helped the US greenback…