Chancellor and Bank set cyber standards for financial firms

The Chancellor of the Exchequer and the Bank of England have revealed there will be “severe” new standards in cyber security for financial firms, which are set to be unveiled this year.

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Bank of England raises base rate to 0.75%

The Bank of England has today decided to raise the base rate from 0.5% to 0.75%, the highest it has been since 2009.

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FCA urges beefed up security to counter cyber-attacks

The FCA, alongside the Bank of England and Prudential Regulation Authority, has published a joint discussion paper on the resilience of firms in the face of hackers and cyber-attacks.

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Bank holds rate at 0.5 % but summer rise possible

The Bank of England Monetary Policy Committee has voted 6-3 to maintain the Base Rate at 0.5% this month.

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