United Kingdom===Bank of England

The United Kingdom===Bank of England will welcome Katharine Braddick as its new Deputy Governor for Prudential Regulation, succeeding Samuel Woods. This appointment is part of the Bank's ongoing efforts to supervise and regulate financial institutions and support a thriving economy.

The United Kingdom===Bank of England's United Kingdom===Prudential Regulation Authority (PRA) granted Revolut its full banking license, ending a lengthy regulatory process. This action demonstrates the PRA's role in overseeing financial institutions in the United Kingdom.

The United Kingdom===Bank of England had expected a higher GDP growth rate for the UK in 2025. The lower-than-expected figures reinforce expectations for a potential interest rate cut in March 2026, and they have also cut their growth forecasts for 2026 and 2027.

The United Kingdom===Bank of England released a policy statement on its fees regime for financial market infrastructure supervision, published minutes of its December Court of Directors meeting, and released capital issuance statistics.

The United Kingdom===Bank of England's market pricing for further easing has significantly reduced, with only a 40% chance of one more cut, reflecting the impact of the Middle East conflict on inflation expectations.