The Bank of England (BoE) is open to discussions with Britain's government about new ways to help boost economic growth by paring back regulatory requirements for the financial services industry, Deputy Governor Sam Woods said on Monday.

The US investment bank said that sterling interest rate markets were "significantly underestimating" the extent to which the Bank of England would need to cut rates this year.

The disappointing retail data adds to the dim economic picture in the U.K. and to the challenges facing Finance Minister Rachel Reeves.

London was the only UK region to see house price falls in the year to November, according to the latest figures from the Office of National Statistics (ONS). Property prices in the capital dropped 0.1 per cent to an average of £511,000 in November, a slight improvement on the 0.4 per cent fall recorded in October.

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LONDON (WKRC) - A man was sentenced after he used locker codes belonging to gym members to gain access to their bank accounts. According to PEOPLE, 35-year-old Declan Murphy of Bromley, England was sentenced after he stole locker pins and used them to get into multiple bank accounts.

Bank of England Governor Andrew Bailey called for the world's financial powers, led by the United States and China, to avoid economic nationalism in a speech released three days before Donald Trump is due to be sworn in as U.

From pension plans to retirement savings, new data has revealed the 'financial resilience capitals' of the UK.

The Bank of England is advancing its central bank digital currency project with the creation of a new testing laboratory

There's good news for Chancellor Rachel Reeves in response to bad signs for economic growth - the market turbulence that piled pressure on her stewardship of the economy has reversed.

The Transatlantic Regulatory Exchange programme, as it is known, will start with the exchange of experts in emerging payment platforms and digital assets. Secondments will be for a minimum of six months, but could be extended to up to one year.

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