Bank of England cutting jobs as part of overhaul after critical Bernanke review
Bank under budget pressures as it responds to former Fed chair’s report into failure to forecast surging inflation Business live – latest updates The Bank of England has said it is cutting jobs amid sweeping changes at Threadneedle Street after a highly critical review into its failure to
Read MoreBank of England defends OBR’s independence against political attacks; UK banks pass stress tests – as it happened
BoE governor Andrew Bailey says it’s important to remember why Office for Budget Responsibility was created, amid row over budget leaks The Bank of England is planning to ease capital rules for high street banks for the first time in a decade, marking the latest attempt to loosen
Read MoreBoE governor says it has not forgotten lessons of financial crisis, as it eases capital rules
Bank of England’s move risks stoking concerns about weakening protections against UK bank failures Business live – latest updates The Bank of England governor, Andrew Bailey, has attempted to reassure that the lessons of the 2008 financial crisis have not been forgotten, as he announced plans to loosen
Read MoreBank of England defends OBR’s independence against political attacks; UK banks pass stress tests – business live
BoE governor Andrew Bailey says it’s important to remember why Office for Budget Responsibility was created, amid row over budget leaks The Bank of England is planning to ease capital rules for high street banks for the first time in a decade, marking the latest attempt to loosen
Read MoreBoE plans to ease capital rules on banks in latest loosening of post-2008 controls
Bank of England says stress tests show seven biggest lenders can weather financial hit in severe downturn Business live – latest updates The Bank of England is easing capital rules for high street banks for the first time in a decade, marking the latest attempt to loosen regulations
Read MoreAI debt splurge and high valuations threatens financial stability, Bank of England warns; UK banks pass stress tests – business live
Equity valuations in the US are close to the most stretched they have been since the dot-com bubble, warns Bank of England in Financial Stability Report The Bank of England is planning to ease capital rules for high street banks for the first time in a decade, marking
Read MoreLives to be saved by boosting access to drug overdose medication
Government launches consultation to help combat rising frig deaths from opioids, as part of record £3.4 billion in investment in drug and alcohol services. HM GovernmentSource
Read MoreDrive to tackle workplace sickness with small business occupational health training
Thousands of people at risk of dropping out of work will be given more support to stay in their jobs thanks to new Government-funded occupational health training for 5,000 line managers working in small businesses. HM GovernmentSource
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