Economic historians usually are mistaken when looking at the causes of the Panic of 1857. Douglas E. French sets the record straight.

Paper money, which has its roots in the promissory notes of Carthage, China and the Roman empire, was first issued as ...

Bank of England Governor Andrew Bailey has warned for months that UK firms may start to trim jobs. That trend’s now showing up under his own roof, as the bank embarks on a sweeping reorganization ...

By Shaloo Shrivastava BENGALURU, Jan 26 (Reuters) - The Bank of England will hold its benchmark interest rate at 3.75% at its ...

LONDON, Jan 30 (Reuters) - British lenders approved 61,013 mortgages in December, the lowest since June 2024 and down from a revised 64,072 in November, Bank of England data showed on Friday.

The Bank of England is facing backlash over its plans to make a new banknote printer comply with ESG and diversity standards ...

Homeowners are being warned that mortgage costs remain under pressure, even though rates for new borrowers are starting to ...

LONDON, Jan 27 (Reuters) - Bank of England Governor Andrew Bailey said he sees "a particular and urgent need" to strengthen ...

An unsecured note is a type of corporate debt without collateral, offering higher interest due to greater risk. Learn how ...

Find out how bank guarantees work, why they are issued, and the process that a business normally goes through to acquire one ...