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Bank of England

Economics / Markets

Inflation jumps to 2.7%

The UK's main inflation rate has jumped sharply to 2.7% in October, having fallen to a 34-month low of 2.2% in September.

clock 13 November 2012 •

Regulation

Political pressure could 'dilute' FCA powers

Lord Sassoon, the architect of the twin peaks regulatory reforms, has warned the outcome of the Financial Services Bill could still be watered down by political pressure.

clock 11 November 2012 •

Economics / Markets

Gilts rally on Bank of England's £35bn gift to Treasury

The Bank of England (BoE) is to hand the Treasury the interest it receives on its QE asset purchases, a move that reduces pressure on Chancellor George Osborne ahead of the Autumn Statement.

clock 09 November 2012 •

Economics / Markets

Bank holds off on QE after UK exits recession

The Bank of England has kept interest rates on hold for the 44th consecutive month and refrained from launching a fresh round of quantitative easing (QE) after recent data showed the UK exited recession in the third quarter.

clock 08 November 2012 •

Economics / Markets

Banks safety plans 'do not go far enough' - reports

The man in charge of ensuring Britain's financial stability has warned MPs current plans to make banks safer do not go far enough, the Independent reports.

clock 08 November 2012 •

Economics / Markets

BoE review highlights weaknesses in forecasting ability

Weaknesses in the Bank of England's forecasting process have been highlighted in a review by an ex-Federal Reserve official.

clock 02 November 2012 •

Economics / Markets

MPC minutes reveal divisions over further QE

The Bank of England's Monetary Policy Committee is split over whether to commit to further quantitative easing, according to minutes from this month's meeting.

clock 17 October 2012 •

Economics / Markets

Indian prisoner applies for BoE top job

A large number of applicants hoping to become the next Bank of England (BoE)governor are from India, including one who is serving a prison sentence, The Times reports.

clock 09 October 2012 •

Economics / Markets

Eyes turn to November action as BoE holds rates again

The Bank of England has held interest rates at 0.5% for the 42nd consecutive month and kept its bond purchase target at £375bn.

clock 04 October 2012 •

Economics / Markets

Cable: no end in sight to economic crisis

The UK economy is in "a very deep crisis" and it is difficult to predict when it will recover, according to Business secretary Vince Cable.

clock 04 October 2012 •
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