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Friday, May 1, 2026
TopicBank of England

Topic: Bank of England

Highest rate hike by Bank of England since 1995, country warned of long recession ahead

England’s consumer inflation hit a 40-year high of 9.4% in June, over 4 times the Bank’s 2% target. Putin’s weaponisation of gas supplies will drive inflation even higher, some feared.

Funding for Lending: RBI could now turn to Bank of England for ideas to revive growth

RBI has so far taken a leaf each from the US Fed & ECB’s books to manage bond yields using unconventional tools, as inflation keeps it from cutting rates.

Climate change threatening global financial stability is a wake-up call for central banks

From disruption to supply routes due to higher temperatures to rising sea levels, drought & land degradation increasing migration, extreme weather is causing economic shocks.

The importance of being George Soros – billionaire with own foreign policy

As the world scrambles to regulate George Soros, the Hugarian-American investor continues to cheat the system to fund philanthropic projects.

Raghuram Rajan in race to become next Bank of England Governor

Rajan is the only outsider among the top contenders in the running to replace Mark Carney, the present Governor of Bank of England.

Two gods of central banking will bequeath future to mere mortals

Mario Draghi and Mark Carney know how to make an entrance, and leave pretty big shoes to fill in when they exit their European banking offices.

On Camera

India’s real estate will meet the reality of agentic AI

New Delhi: The outsourcing industry, India’s largest white-collar employer, is a juggernaut that has all but stopped moving. The dollar revenue at the top...

Adani’s giant copper plant hits technical setbacks in first year

The 500,000 tonne-per-year plant produced just 94,000 tonnes of refined copper from April 2025 to February this year.

Indian drone tech company ideaForge signs MoU with Japanese firm to develop next-gen AI powered drones

By pairing Indian drone engineering with Japanese semiconductor expertise, the two firms aim to develop more advanced autonomous systems tailored to both defence & commercial use.

Trump, Netanyahu’s Iran gamble: The regime change rebound

American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.