[12:19] Canada's Carney to be sworn in as new PM
Former Bank of England governor Mark Carney will be sworn in as Canada's next prime minister with the country rattled by a breakdown in relations with the United States.
https://www.rte.ie/news/world/2025/0314/1502088-mark-carney-canada/
#BankofEngland #MarkCarney #Canada #theUnitedStates
Iceland is now UK’s biggest recruiter of former offenders and is helping other businesses do the same https://www.byteseu.com/826793/ #BankOfEngland #bills #christmas #CostOfLiving #Courts #Crime #EnergyBills #England #Europe #FoodAndDrink #Iceland #Inflation #Jobs #london #Longtail #MentalHealthAndIllness #MoneySaving #Section:Money:Business #SmallBusiness #Tesco #TheSunNewspaper
The strategy was adopted - perhaps by default - roughly forty five years ago. It reflected the aspiration of the #bankofengland to use the benefits of #northseaoil to restore the #cityoflondon to the position it had lost during the #secondwarworld . This worked up to a point - until the financial crisis of 2008 exposed its unstable foundations.
“Bank of England drops new diversity and inclusion rules for City firms.” The long arm and cold hand of MAGA reaches across the Atlantic. #BankOfEngland #MAGA
Canada’s new Prime Minister bears the battle scars of Brexit https://www.euractiv.com/section/politics/news/canadas-new-prime-minister-bears-the-battle-scars-of-brexit/?utm_source=dlvr.it&utm_medium=mastodon #BankofEngland #Brexit #Britain #Canada #EU
Mark #Carney's ability and accomplishments are well known, at two of the world's best universities (#Harvard & #Oxford), one of its most successful banks (#GoldmanSachs), running two major central banks (#BankofEngland & #BankofCanada, the latter during a financial crisis), and pioneering climate finance.
Trump’s trade war could pose ‘substantial’ threat to UK economy, says Bank https://www.theguardian.com/us-news/2025/mar/05/trumps-trade-war-could-pose-substantial-threat-to-uk-economy-says-bank #Economicgrowth(GDP) #Internationaltrade #Economicpolicy #BankofEngland #Globaleconomy #Productivity #DonaldTrump #KeirStarmer #Worldnews #Economics #USeconomy #Inflation #Politics #Business #USnews #UKnews
Yeah, but do Trump and Elon respect that?
"I was given assurances!"
How many times have we heard that wail in relation to Trump/Musk?
Ex-Bank of England Economist Says Digital Pound is a ‘White Elephant,ʼ Costly and Useless - The Bank of England’s push for a digital pound has come under intense scrutiny, wi... - https://cryptonews.com/news/ex-bank-of-england-economist-criticized-digital-pound-as-white-elephant-costly-and-useless/ #bankofengland #digitalpound #altcoinnews #regulation
Bank of England policymaker Swati Dhingra challenges interpretation of 'gradual' rate cuts, signaling potential for more aggressive easing amid diverging committee views
#YonhapInfomax #BankOfEngland #SwatiDhingra #InterestRates #MonetaryPolicy #GradualApproach #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=51898
Thank God, they are not at Fort Knox any more as around WW2
“Since 2002, Denmarks National Bank has stored around 97 percent of its gold at the Bank of England in London, around 0.5 percent of its gold at the Federal Reserve Bank of New York and the remaining around 2.5 percent in Copenhagen”
#GoldReserves #FortKnox #BankOfEngland #NationalBanken
surge in #gold shipments to the US has led to a shortage of bullion in London, as traders amass an $82bn stockpile in New York over fears of #Trump administration tariffs. The wait to withdraw bullion stored in the #BankofEngland’s vaults has risen from a few days to between four and eight weeks, according to people familiar with the process, as the central bank struggles to keep up with demand.
So the gold prices re up , selling gold is profitable
But staking putting it as a collateral for some cash and paying interest for that, means 2 things
- you think inflation in gold prices ll be higher than the inflation in your country
https://www.ft.com/content/86a5fafd-603e-4ee1-9620-39b5f4465f53
UK Inflation Hits 10-Month High On Airfares, Food Prices https://www.diningandcooking.com/?p=1907013 #BankOfEngland #cpi #food #inflation #ONS #PPI #prices #uk #UKConsumerPrices #UkCoreInflation #UKCPI #UKInflation #UKInputPrices #UkOutputPrices #UKPPI
European markets open mixed as UK inflation hits 10-month high, potentially impacting Bank of England's rate decision
#YonhapInfomax #EuropeanStockMarkets #UKInflation #ConsumerPriceIndex #BankOfEngland #EuroStoxx50 #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=51414
https://www.europesays.com/1853767/ BOE’s Bailey Warns Economy ‘Static’ Despite Surprise Growth #AndrewBailey #BankOfEngland #Economy #GDPGrowth #InterestRates #UKECONOMY
Bank of England policymaker Megan Greene advocates for cautious, gradual approach to interest rate cuts, citing persistent inflation concerns and likely restrictive monetary policy
#YonhapInfomax #BankOfEngland #MeganGreene #MonetaryPolicy #InterestRates #Inflation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=50641
‘The governor of the Bank of England has downplayed the idea of launching a central bank digital currency, warning that there is still no “must-have” reason for developing the technology.’ #CBDC #BritCoin #BankOfEngland
https://www.thetimes.com/article/1056b171-a968-46e3-b39c-eb71ff7e7d51?shareToken=0333766e743c61a996c901d29d8ee4f7
Bank of England Chief Calls for Strict Stablecoin Rules: Details - Bank of England Governor Andrew Bailey has emphasized the need for stringent regulations ... - https://coingape.com/bank-of-england-chief-calls-for-strict-stablecoin-rules-details/ #24/7cryptocurrencynews #cryptoregulations #regulationnews #bankofengland #stablecoins
Bank of England's hawkish member Catherine Mann shifts stance, citing reduced UK inflation risks as corporate pricing power weakens and demand conditions soften
#YonhapInfomax #BankOfEngland #CatherineMann #InflationRisks #MonetaryPolicy #InterestRateCut #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=50385
Bank of England slashes growth hopes for British economy in 2025
The Bank of England lowered its main interest rate by a quarter of a percentage point to 4.50 per cent, taking it to its lowest level since mid-2023.
#economy #bank #interestrate #World #BankofEngland #globaleconomy
https://globalnews.ca/news/11008862/bank-of-england-february-2025-rate-cut/
