Bank of England (BoE)
Bank of England maintains interest rates at 4.0%
PRESS RELEASE - The Bank of England's Monetary Policy Committee today voted to maintain the Bank's repo rate at 4.0%. The minutes of the meeting will be published at 9.30am on Wednesday 19 June.
Coo!
FEATURE - Sushil Wadhwani's tenure as a member of the Bank of England's interest rate setting committee comes to an end on Friday. The Financial Times, in its Observer column on Thursday, couldn't help making one last joke about Wadhwani's dovish…
Ian exits
FEATURE - The FT's Observer writes on Thursday, farewell Ian Plenderleith - sphinx-like to the end. At a Tuesday night retirement bash for the Bank of England director, his boss Eddie George preserved Plenderleith's legendary reputation as a backroom…
Outgoing MPC member raises bank independence fears
UK - The independence of the Bank of England could be at risk if it continues to undershoot its target for inflation, a member of the Bank's monetary policy committee has warned.
Posh jobs
FEATURE - Former directors of Equitable Life who are being sued for more than £3bn will turn green with envy if they cast an eye over the Bank of England's annual report. In a section on governance and accountability, it makes clear that the Bank's Court…
Warning from Bank of England over euro timetable
UK - Ministers must not be tempted into shortening the timetable for scrapping the pound if Britain votes to join the euro, the Bank of England has warned.
Problem with ink found on new Bank of England note
UK - The Bank of England began an urgent investigation Monday after several people reported that serial numbers on new, anti-counterfeit bank notes had rubbed off on their hands.
Select Committee on Treasury Fourth Report
REPORT - The Treasury Committee has agreed to the following Report: Appointment to the Monetary Policy Committee of the Bank of England of Ms Marian Bell and Mr Paul Tucker, 24 May.
Bank of England may face massive legal claim
UK - The Bank of England has admitted it faces claims of up to £872m from depositors of the Bank of Credit and Commerce International if it loses a landmark legal battle due to start next year.
MPC pay rise over inflation at Bank of England
UK - Members of the Bank of England's monetary policy committee saw their pay rise by more than inflation last year, thanks to the standard practice of uprating salaries in line with the government's inflation target. The Bank's annual report also casts…
Speech by Mervyn King, Bank of England, 22 May
SPEECH - In a speech titled 'The Monetary Policy Committee Five Years On' delivered to the Society of Business Economists in London on 22 May, Mervyn King, Deputy Governor of the Bank of England, ponders the role and record of the MPC. Why give the power…
Bank of England Monetary Policy Committee Minutes
MINUTES - Minutes from the Bank of England's MPC meeting 8 and 9 May, released 22 May.
Bank of England News Release
NEWS RELEASE - New Design £5 Banknotes, 21 May.
Bank of England unveils new note
UK - The Bank of England has unveiled an improved, criminal-proof £5 note featuring a portrait of Elizabeth Fry, the 19th century social reformer.
Bank of England Report
REPORT - The Bank of England's Operations in the Sterling Money Markets, 16 May.
Speech by Sushil Wadhwani, Bank of England, 16 May
SPEECH - In a speech titled 'The MPC: Some Further Challenges' Wadhwani slammed the MPC's forecasting methods as flawed and, noted as an arch dove, said interest rates had been set too high over the past five years. He also rebuked deputy governor Mervyn…
Outgoing MPC member criticises B of E rates record
UK - The Bank of England would have delivered a significantly more impressive performance on both growth and inflation if interest rates had been kept lower over the past few years, according to research carried out by Sushil Wadhwani, a soon to depart…
Strong appeal
FEATURE - An emotional day yesterday for Ian Plenderleith - by Bank of England standards at least. The outgoing head of financial market operations has always been taciturn when helping to unveil the inflation report, reports Thursday's Financial Times.
House of Commons Treasury Committee
PRESS RELEASE - Bank of England Monetary Policy Committee: Confirmation hearings for new members, 14 May.
Bank of England News Release
NEWS RELEASE - Bank of England Maintains Interest Rates at 4.0%, 9 May.
Five years of an independent Bank
FEATURE - It is, for the Bank of England, Independence Day. Just five years ago the Bank of England was given its freedom to set monetary policy.
Speech by David Clementi, Bank of England, 29 Apr
SPEECH - In a speech 'Property and the Economy' Clementi played down talk of a dangerous "bubble" similar to the late 1980s when a housing boom suddenly turned to bust.
Speech by Alastair Clark, Bank of England, 16 Apr
SPEECH - In a speech titled 'Contingency Planning and Systemic Stability' Clark discusses one aspect of uncertainty - the response to it, contingency planning and disaster recovery from the point of view of the financial sector.
Bank of England Monetary Policy Committee Minutes
MINUTES - Minutes from the Bank of England's MPC meeting 3 and 4 April, released 17 April.