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

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

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.

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 ...

As Buy Now, Pay Later transactions hits record highs, the UK prepares to bring the billion-pound sector under FCA supervision ...

Banks borrowed a record amount from a Bank of England repo facility, signaling growing demand for cash at a time when the ...

The Bank of England allotted more than 100 billion pounds to banks in its weekly short-term repo on Thursday for the first time since the programme started in 2022.

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