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Bank of England (BoE)

Little demand for BoE cash

Bids for £15 billion-worth ($29.4 billion) of three-month loans from the Bank of England only just exceeded the amount on offer in spite of strong tensions in sterling interbank markets.

King: change needed in bank regulation

Much thought will need to be given to the structure and nature of banking regulation in the future given the recent challenges presented by the financial turmoil, admitted Mervyn King, the governor of the Bank of England. "Serious thinking and…

Economy not policy accounts for differences: King

The marked contrast in the responses of the Federal Reserve, the Bank of England and the European Central Bank to the credit crunch is down to divergences in the economic conditions facing each central bank rather than policy stances, Mervyn King, the…

FSA to launch probe as Bank counters HBOS rumours

The British financial regulator has confirmed that it is to investigate share dealing made on the back of rumours that HBOS, a British bank, was short of liquidity. The Bank of England has also taken the highly unusual step of calling the British press…

Bank of England - Quarterly Bulletin

Though sterling interbank markets showed some signs of improvement in December and early January, conditions deteriorated again during February, the Bank of England states in its latest Quarterly Bulletin.

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