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Central Banks

BOE Scraps Projects and Dividend to Tackle Strained Finances

The Bank of England in London.
Photographer: Jose Sarmento Matos/Bloomberg

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By Tom Rees

April 25, 2025 at 10:57 AM UTC

Updated on

April 25, 2025 at 2:53 PM UTC

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The Bank of England is scrapping investment projects and will not pay the UK government a dividend for a fifth-year running, as a Ben Bernanke-inspired overhaul of forecasting puts its budget under strain.

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