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Bank of England

uncategorised

King says recession has 'probably bottomed out '- papers

The Bank of England said today the recession had probably bottomed out, but warned that any recovery would be hampered by the ongoing reluctance of banks to lend to consumers and businesses.

clock 14 May 2009 •

Your profession

UK economy won't grow until middle of 2010: BoE

The Bank of England has delivered a more gloomy prognosis for the UK economy, saying it is unlikely to grow again until the middle of next year.

clock 13 May 2009 •

Your profession

Tripartite responsibility 'overlap' needed

There should be a greater level of "productive overlap" between the Bank of England and FSA on financial supervision, according to a Government report on regulatory reform.

clock 08 May 2009 •

Your profession

Base rate frozen; Asset purchase scheme increased

Interest rates have been kept on hold at 0.5% by the Bank of England today.

clock 07 May 2009 •

Mortgages

BoE freezes rates at 0.5%

The Bank of England has kept interest rates at 0.5% today after six months of consecutive cuts.

clock 09 April 2009 •

Mortgages

MPC unanimous on base rate cut

The Bank of England's Monetary Policy Committee (MPC) voted unanimously both to cut Bank base rate by 50 basis points in March and to support the bank's asset purchase scheme.

clock 18 March 2009 •

Your profession

First round of quantitative easing underway

The Bank of England has begun a £2bn auction to buy gilts from investment institutions.

clock 11 March 2009 •

Your profession

ABI praises Tory review suggesting FSA abolishment

The Association of British Insurers (ABI) says a Conservative Party review which examines the possibility of abolishing the FSA "deserves serious consideration".

clock 09 March 2009 •

Your profession

Base rate 0.5%; Bank unveils £75bn quantitative easing plan

The Bank of England has cut interest rates for the sixth consecutive month today, reaching a new record low of just 0.5%.

clock 05 March 2009 •

Protection

Rising from the ashes?

As the housing market continues to struggle and the Bank of England Base Rate remains historically low, Matthew Wyles asks how long it will take for the economy to recuperate following these testing times.

clock 02 March 2009 •
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