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Bank of England

Economics / Markets

MPC's Weale: Rate cut is preferable to more QE

Bank of England monetary policy committee member Martin Weale has said he would prefer a base rate cut to further quantitative easing, were the Bank to unveil more stimulus measures.

clock 24 August 2012 •

Income

BoE 'oblivious' to lasting effects of QE on pensions - Altmann

Pensioners are being left "permanently impoverished" by quantitative easing (QE) and analysis from the Bank of England (BoE) denying negative impacts is wrong, Ros Altmann has said.

clock 23 August 2012 •

Economics / Markets

MPC veteran warns on plans to extend Bank's powers

The successor to Mervyn King will have an "unduly powerful role" thanks to Treasury plans to extend the powers available to the Bank of England (BoE), one of the bank's advisers has warned.

clock 23 August 2012 •

Economics / Markets

Bank of England voices concerns over sterling appreciation

The Bank of England's Monetary Policy Committee (MPC) voted unanimously to keep rates on hold and maintain QE at £375bn in August but expressed fears over sterling's continued appreciation.

clock 15 August 2012 •

Economics / Markets

UK inflation rate climbs to 2.6%

The Consumer Prices Index (CPI) rate of inflation climbed to 2.6% last month, from 2.4% in June.

clock 14 August 2012 •

Economics / Markets

King: banks 'could learn a thing or two' from Olympics

Banks "could learn a thing or two about fair play" from the Olympic movement, according to Bank of England governor Mervyn King.

clock 13 August 2012 •

Economics / Markets

BoE should 'widen recovery measures' - reports

The Bank of England (BoE) should expand its range of economic recovery measures, according to an outgoing member of the Monetary Policy Committee.

clock 13 August 2012 •

Economics / Markets

Former BoE deputy to take Barclays chairman role - reports

Sir David Walker, a former deputy governor of the Bank of England, will become the new chairman of Barclays, according to reports.

clock 09 August 2012 •

Economics / Markets

BoE's King warns against further rate cut

Bank of England (BoE) governor Mervyn King has warned against a further cut in interest rates, arguing it would damage the banking sector and may be "counterproductive".

clock 08 August 2012 •

Economics / Markets

BoE to slash growth forecast to 'zero'

The Bank of England (BoE) is set to cut economic growth forecasts to almost 0% for this year, amid a deepening double dip recession.

clock 08 August 2012 •
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