Bank of England (BoE)
BoE unveils new heads in monetary analysis and statistics division
Bank of England appoints three new department heads in its monetary analysis and statistics division; seen as a springboard to MPC
Tucker replaces Dudley as chairman of CPSS
Bank of England’s Paul Tucker to replace New York Fed’s William Dudley as head of international committee responsible for payments, clearing and settlements infrastructure
Goodhart hits out at current macro-prudential focus
Economist Charles Goodhart agrees with Robert Pringle that risk and return incentives need to change at banks to ensure future financial stability. But permitting failures is a step too far
BoE’s Miles explores QE impact
External MPC member discusses the two main channels by which he believes asset purchases boost demand
BoE looking 'carefully' at banknote substrate choices
Chris Salmon, chief cashier at the Bank of England, says the possibility of polymer or hybrid substrate banknotes is being looked at by the central bank; no decision made yet
UK’s Prudential Regulation Authority reveals approach to consultation
Bank of England and Financial Services Authority publish response to government’s request for details on how the Prudential Regulation Authority will consult with firms
David Lees remains Court of the BoE chair
HM the Queen approves political recommendations that David Lees be reappointed as chair of the Court of the Bank of England
BoE’s Bean defends policy actions
Charlie Bean tells Scottish Council for Development and Industry tighter policy could have worsened the economic situation in the UK
BoE minutes show two votes for greater QE
Minutes of latest Bank of England monetary policy meeting reveal two rate-setters wanted to see greater quantitative easing than the £50 billion that was settled on
Macro-prudential powers are no panacea
Central banks will take on substantial new macro-prudential supervisory powers in the years ahead. But this is a dangerous experiment, and a step in the wrong direction
Nazis “destroyed confidence” in BoE notes with expert counterfeits
MI5 report from 1945 says Nazis destroyed confidence in British banknotes; produced counterfeits of such high quality it was “impossible” for a lay person to tell them from the real thing
Robert Pringle’s Viewpoint: Central bank macro-prudential powers are no panacea
Central banks will take on substantial new macro-prudential supervisory powers in the years ahead. But this is a dangerous experiment, and a step in the wrong direction
BoE sees strong possibility of inflation undershooting its target
Bank of England February Inflation Report shows inflation in UK is more likely to be below than above its 2% inflation target over the next three years
BoE’s King explains continuing high inflation
Mervyn King writes to chancellor of the exchequer explaining why inflation remains above target; despite 0.6% drop in rate since December, governor must offer reasons for missed target
UK banks miss 'Project Merlin' lending targets
Results of 'Project Merlin' show bank net lending fell in 2011; major banks missed targets for lending to smaller businesses
BoE boosts QE by £50 billion
Bank of England increases the size of its Asset Purchase Programme to £325 billion as forecasts show inflation in the UK is likely to undershoot its target in the medium term
Former BoE policy-makers discuss QE and financial repression
Andrew Sentance joins Fathom Monetary Policy Forum for the first time; joins Rachel Lomax and Ian Plenderleith to discuss quantitative easing and financial repression
BoE’s Salmon urges regulators to resist watering down reforms
Bank of England executive director Chris Salmon says regulators must withstand pressure to water down reforms and instead provide longer transition periods
Queen's portraits from banknotes and coins to appear on stamps
New stamps issued to celebrate the Queen’s diamond jubilee; first time the official portraits from banknotes, coins and stamps have been brought together
BoE's Posen continues crusade for SME credit
Posen laments decline of political interest in plans for credit easing for SMEs in the UK; reaffirms his drive to improve the provision of finance for smaller non-financial corporations
UK lending weakens for second successive month, says BoE data
Bank of England data on Lending to Individuals shows marked slowdown in lending to consumers in December, but small rise in loans issued to household
BoE report captures impact of QE policy
Bank of England’s Asset Purchase Facility report shows government bond yields and market spreads eased as a result of the central bank’s stimulus measures
CB.com poll result says eurozone break-up comments are not irresponsible
CentralBanking.com poll shows majority of participants believe non-eurozone central bankers are not acting recklessly by commenting on a possible break-up of the euro
BoE’s Salmon expects tighter regulation of payment operations
Bank of England executive director of banking services says authorities will pay more attention to network of payment operations and question the internal organisation of firms’ operations