The Bank of England has proposed raising the protection limit for savers in case a bank fails to 110,000 pounds ($142,300), ...

The Bank of England has proposed increasing the limit on deposits legally protected in the event of a bank failure by almost ...

UK depositors will receive greater protection from the Bank of England as the amount of money covered by a nationwide deposit ...

The Bank of England has proposed raising the amount of money covered by the UK deposit guarantee scheme from £85,000 to £110,000 under plans that are likely to increase the contribution lenders make ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

The participating financial institutions are Barclays, HSBC, Lloyds Banking, Nationwide, NatWest, Santander UK, and Standard ...

The Bank of England on Thursday allotted a record 62.509 billion pounds ($80.94 billion) in seven-day funds in its weekly ...

The Bank of England is widely expected to hold interest rates when it meets on Thursday, as the U.K. faces economic headwinds ...

The Bank of England has kept its main U.K. interest rate unchanged at 4.50% even though the economy is barely growing and the ...

The Bank of England is in “gradual and careful” policy mode according to its own language. This translates into a quarterly pace of rate cuts and means the Monetary Policy Committee is likely to vote ...

Experts are confident that UK interest rates will be held at 4.5% when the Bank of England announces its decision tomorrow ...

Experts urge savers to shop around for the best deals and review their accounts regularly, as many may still be sitting on ...