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Bank of England

Economics / Markets

MPC voices fears over sterling strength

The Monetary Policy Committee (MPC) voted unanimously to hold the bank rate at 0.5% at the last meeting, while all but one member voted to maintain the QE programme at £375bn.

clock 23 January 2013 •

Economics / Markets

King hints at inflation target upheaval

The outgoing governor of the Bank of England (BoE), Mervyn King, has said it may be time to review the UK's inflation target, but rejected a suggestion by his successor that central bankers should abandon inflation targeting altogether in times of economic...

clock 22 January 2013 •

Regulation

BoE calls for clampdown on bank bonus culture

Bankers' bonuses should be delayed for up to ten years to kill off a culture of short-termism at large institutions, a senior official has suggested.

clock 22 January 2013 •

Your profession

Banks' PPI mis-selling bill to hit £25bn

The final cost to the country's banks for payment protection insurance (PPI) mis-selling is likely to be about £25bn, according to The Times.

clock 07 January 2013 •

Economics / Markets

New Bank governor considers scrapping inflation-targeting

Incoming Bank of England governor Mark Carney has suggested struggling economies dump inflation-targeting in order to kick-start growth.

clock 12 December 2012 •

Economics / Markets

Bank shareholders would be 'wiped out' by future failures under new US-UK rules

A transatlantic banking watchdog would protect American and British taxpayers from bailing out banks which are too big to fail, under new plans.

clock 11 December 2012 •

Economics / Markets

Bank of England holds rates

The Bank of England has held the base interest rate at 0.5%.

clock 06 December 2012 •

Economics / Markets

'As bad as a world war': Top BoE exec on banking crisis

The banking crisis has been as damaging to the UK economy as a world war, a top Bank of England (BoE) official has said.

clock 04 December 2012 •

Economics / Markets

Five things clients will call you about this week

Here are our picks of the stories your clients may have read in the weekend newspapers...

clock 03 December 2012 •

Economics / Markets

How will the Carney curveball change investor thinking?

The appointment of the Bank of Canada's Mark Carney as the next Bank of England governor has been heralded as an "outstanding choice" by analysts and led to upgrades for UK banks.

clock 27 November 2012 •
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