Bank of England Begins Developing Regulatory Framework for Cryptoassets March 24, 2022 By Huw Jones and David Milliken The Bank of England on Thursday began sketching out Britain’s first regulatory framework for cryptoassets, saying that although the sector...
Working From Home Could Hurt Women’s Careers: Bank of England’s Mann November 16, 2021 By David Milliken Women who work mostly from home risk seeing their careers suffer now that significant numbers of workers are returning to...
Bank of England Plans to Nudge Companies to Cut Greenhouse Gas Emissions May 24, 2021 By David Milliken LONDON – The Bank of England set out plans on Friday to use its 20 billion pounds ($28.4 billion) of...
UK Supports Global Deal to Stop Cross-Border Financing of Coal Projects May 14, 2021 By David Milliken Britain wants to broker a global agreement to stop the cross-border financing of coal projects when it hosts a major...
Bank of England Sees Few Threats to Financial Stability from Brexit October 9, 2020 By Huw Jones and David Milliken Britain’s full exit from the European Union could be bumpy for investors as banks staff new hubs in the bloc,...
UK Insurers, Banks Are Weathering Effects on Capital of COVID-19 Crisis: BoE’s Woods April 16, 2020 By Huw Jones and David Milliken Britain’s banks have enough funds to keep lending to the economy even under the deep recession scenario outlined by a...
Big Victory for Johnson and Conservatives Clears Way for Quick Brexit December 13, 2019 By David Milliken and William Schomberg Britain was speeding towards Brexit on Friday after Prime Minister Boris Johnson won a crushing election victory, ending three years...
Bank of England to Issue Rules for How Banks, Insurers Should Manage Climate Risk March 22, 2019 By Andy Bruce and David Milliken The Bank of England will soon spell out how it wants banks, insurers and investment companies to manage the financial...
UK Corporates Readying for ‘Hardest of Brexits’: Deloitte Survey February 4, 2019 By David Milliken Major British businesses’ appetite to take on financial risk has fallen to its lowest level in nearly a decade due...
No-Deal Brexit Could Be Worse for UK Economy than 2008 Financial Crisis: BoE November 29, 2018 By David Milliken, Huw Jones and William Schomberg Britain risks suffering an even bigger hit to its economy than during the global financial crisis 10 years ago if...