Bank of England - The Canadian Media

Still uncertain if King Charles III would replace the Queen on Canada’s currency

April 20, 2023April 20, 2023 - by cmedia

Ottawa/CMEDIA: Even though many months have passed since King Charles III assumed his new role as monarch, Canada has not yet updated its currency to include images of the new sovereign. Following the …

Finance/Business / Foreign

Bank of England hikes interest rate by 50 bps to 4 pc; warns of more hikes in future

February 2, 2023February 2, 2023 - by cmedia

London/IBNS: Bank of England raised interest rate by 50 basis points to 4 percent, the 10th increase since UK’s central bank started hiking in December 2021, bringing the key rate …