The central bank has invited employees to volunteer for potential layoffs under a time-limited redundancy scheme.

The Bank of England has embarked on a cost-cutting drive, reducing headcount and closing one of its London offices to free up ...

MILLIONS of households will breathe a sigh of relief next week as interest rates are expected to be cut further. The Bank of ...

The Bank of England is offering voluntary redundancies to staff at the central bank to help fund the investment in new ...

The Bank of England needs to cut jobs in order to improve its forecasts and ramp up investment in outdated technology ...

The Bank of England has issued a warning to its workforce over job cuts but stressed the scheme is "entirely voluntary".

The Bank of England estimates that finance minister Rachel Reeves' budget announced last month will knock off around 0.4 to 0 ...

The Bank of England is planning to reduce head count as its finances become strained by the cost of implementing the modernizations recommended by Ben Bernanke.

The Bank of England has warned of a "sharp correction" in the value of major tech companies with growing fears of an ...

In a research note issued overnight, the bank stated it now anticipates the Monetary Policy Committee (MPC) to vote 5–4 in ...

HSBC has signalled that the Bank of England will cut interest rates this month in a major shift in position. Industry ...

A surge in home loans has delivered the biggest jump in new advances in five years, according to new Bank of England figures.