The Bank of England is preparing to ease parts of Britain’s bank ring-fencing regime while opposing a major reform sought by lenders, sources said, as the central bank seeks to ensure core protections are preserved amid a government review.

The Bank of England should stop selling gilts from its quantitative-easing portfolio because the sales are distorting monetary policy, a former BOE rate-setter warned. Sushil Wadhwani, who was a member of the nine-strong Monetary Policy Committee between ...

The Bank of England, after inflation data released Wednesday showed CPI stayed at 3.8% year-over-year, kept interest rates at 4%. The vote in the oft-fractious committee was 7-to-2, with the two voters wanting a quarter-point cut. "The key question for ...

Bank of England Chief Economist Huw Pill said he expected the central bank to reduce the British government bonds it holds for monetary policy purposes to "very low" levels, though it could still retain gilts for other reasons.