Bank of England proposes hike to deposit guarantee for savers
The Bank of England has proposed raising the protection limit for savers in case a bank fails to 110,000 pounds ($142,300), ...
UK Proposes to Raise Cap on Bank Deposit Insurance to £110,000
The Bank of England has proposed increasing the limit on deposits legally protected in the event of a bank failure by almost ...
Sterling, Gilts React Modestly as U.K. Budget Won’t Have Much Impact on BOE Policy
The 10-year gilt yield was lower as U.K. government bond yields reacted modestly to U.K. budget plans. Meanwhile, a positive surprise on durable goods orders added momentum to U.S. Treasury yields.