Bank of England

Robert Peston Peston's Politics

Governor of Bank of England Andrew Bailey has sat down for an interview with ITV News Political Editor Robert Peston.

Joel Hills Business and Economics Editor

From a rapid recovery to prolonged depression and everything in between, the range of possible outcomes from the coronavirus crisis is vast.

The Bank of England said the economy could contract by as much as 3% in the first quarter.

Joel Hills Business and Economics Editor

The Governor of the Bank of England, Andrew Bailey, has called on the banks to "put their backs into it".

Joel Hills Business and Economics Editor

The former Governor of the Bank of England says bank branches should reopen so businesses are able to access emergency funding on offer.

Robert Peston Peston's Politics

So much hinges on what Chancellor Rishi Sunak offers to subsidise the incomes of the millions of employees, writes Robert Peston.

The rate cut is the second in just over a week, down from 0.25% to 0.1%.

Joel Hills Business and Economics Editor

It’s day 3 in the job for the new Governor of the Bank of England. Andrew Bailey has walked straight into an emergency, writes Joel Hills.

It said the economic shock from Covid-19 ‘could prove sharp and large, but should be temporary’.

The new polymer banknote has been hailed by the Bank of England as its most secure yet.