Bank of England Archives

Middle East war triggers major supply shock to global economy — BoE

The Bank of England on Wednesday said the Middle East war had caused “a substantial negative supply shock to the global economy”, increasing risks to the financial system. Following a surge to oil prices that is set to push up overall inflation, the BoE said the fallout will also weigh on economic growth and tighten […]

aadelekepdnlimited-com
1st April 2026
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News

Bank of England peaks borrowing cost to 4%

Christian George The Bank of England has again raised borrowing costs for the 10th time in a row up to four per cent on Thursday. This was made known a day prior to when US Federal Reserve slowed the pace of its rate hikes with a smaller quarter-point move. The European Central Bank looks set […]

oamudipepdnlimited-com
2nd February 2023
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Economy

Pound falls more than 1% after BoE move

The British pound sank Thursday by more than one per cent against the dollar after the Bank of England intervened in the bond markets to head off a fresh financial catastrophe. Sterling slid as low as $1.0763 in early morning London deals one day after the BoE snapped up long-dated government bonds, or gilts, to […]

agencyreport
29th September 2022
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CBN confirms 33 banks meet new capital requirements

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PMI hits 53.2 points as Nigeria’s economy expands in

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Middle East war triggers major supply shock to global

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Middle East war triggers major supply shock to global economy — BoE

Bank of England peaks borrowing cost to 4%

Pound falls more than 1% after BoE move

PMI hits 53.2 points as Nigeria’s economy expands.

CBN confirms 33 banks meet new capital requirements

Middle East war triggers major supply shock to.

Nigeria’s economic problem is talent allocation not shortage.

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