
The Bank of England made a major break with policy on Wednesday, insisting that any rise in its record-low key interest rate would be tied to a drop in Britain's unemployment rate. The BoE said it "intends not to raise Bank Rate from its current level of 0.5 percent at least until... the unemployment rate has fallen to a threshold of seven percent", as new governor Mark Carney noted that "a renewed recovery is now under way" for Britain's economy.
GMT 19:30 2018 Wednesday ,03 January
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South Korea bans its banks from dealing in BitcoinGMT 19:16 2017 Monday ,11 December
Britain’s smaller banks jostle for business banking grantsGMT 19:31 2017 Sunday ,10 December
Britain’s smaller banks jostle for business banking grantsGMT 17:28 2017 Thursday ,07 December
India's central bank holds rates at seven-year lowGMT 17:55 2017 Sunday ,03 December
Saudi banks prepare for riyal coinsGMT 15:10 2017 Wednesday ,29 November
Societe Generale shares climb after cost-cutting planGMT 19:22 2017 Friday ,17 November
Deutsche Boerse taps top banker as new CEO
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