Bank of England (BoE)
New Bank of England committee member starts today
UK - The Bank of England's nine strong Monetary Policy Committee (MPC) has a new member from today, 1 June. Kate Barker, previously of the Confederation of British Industry, will replace DeAnne Julius who has served on the committee since 1997.
Speech by Bank of England Governor
SPEECH - The Governor of the Bank of England, Edward George, has spoken at the Oesterreichische Nationalbank Economics Conference in Vienna.
Support for the European Central Bank
SPEECH - Edward George, the Governor of the Bank of England, has defended the ECB in a speech to Japanese businessmen at the JiJi Press London Top Seminar, The Savoy Hotel, London on 30 May 2001.
Euro is a safeguard for UK
ARTICLE - Soon to depart Bank of England MPC member DeAnne Julius sees the euro as a safeguard for UK industry. Speaking recently she considers her own future, Britain's European prospects and the set-up at the ECB.
Rebuke for UK chancellors ECB reform calls
UK - Gordon Brown has come under criticism from Ernst Welteke, who was speaking yesterday (29 May), for urging the ECB to improve its openness after just three years of operation.
Bank of England - Basle can undermine stability
UK - The Bank of England has issued a warning over new capital rules put together by the Basle committee of bank regulators.
Strong backing for Bank of England rate cut
UK - The Monetary Policy Committee (MPC) of the Bank of England voted eight-to-one to trim interest rates 0.25%, when they met earlier this month, minutes from the meeting have shown.
Banks and Systemic Risk - Theory and Evidence
SPEECH - David Clementi, Deputy Governor of the Bank of England and a member of the Bank's Monetary Policy Committee spoke on 23 May at a conference of the Bank of England in London.
Low inflation may erode bank's credibility
SPEECH - The Bank of England's credibility could be at risk if it continues to undershoot its 2.5 per cent inflation target for more than another two years, according to a member of the bank's Monetary Policy Committee.
UK General Election - Conservative pledges
UK - The UK Conservative party have published their manifesto. In it they spell out what they would do if elected to government in the general election to be held on 7 June. Michael Portillo,the shadow chancellor of the exchequer, sets out their policies.
UK General Election - Labour pledges
UK - The UK Labour party published its election manifesto on 15 May. They review their changes made to the Bank of England and describe their policy on the single european currency, the euro.
Speech by Clifford Smout of the Bank of England
SPEECH - Speech by Clifford Smout, Head of Foreign Exchange Division at the Bank of England at the 'Euromoney' Forex Forum on 16 May 2001. Foreign Exchange as a Business in the 21st Century.
HM government gold auction result
UK - The Bank of England announces that the gold on offer (approximately 20 tonnes or 643, 200 ounces) has been allotted in full at a price of $268.00 per ounce.
Bank of England lowers base rate
UK - The Bank of England announced at 12pm on May 10 that the UK's main interest rate measure, the repo rate, would be reduced by 0.25% to 5.25%.
ECB cuts interest rates by 0.5%
Summary - The European Central Bank (ECB) has made a surprise cut in its key interest rate reducing it by a quarter point to 4.5%.
Bank of England revamps its web site
UK - The Bank of England has transformed its online presence with a complete makeover to its external website and details on the Centre for Central Banking Studies handbooks.
Financial Stability and Central Banks
BOOK - This book is published by the Bank of England and includes papers presented at the banks 7th annual Central Bank governors' symposium in June 2000. The 2000 symposium considered financial stability and the role of central banks.
Sir Eddie George at the University of Zurich
SPEECH - The Governor of the Bank of England, Sir Eddie George, gave a speech at the Swiss Institute of International Studies, University of Zurich on May 7.
UK poised for rate reduction
UK - The Bank of England faces pressure to cut interest rates tomorrow, May 9, as it begins its monthly two day meeting.
Bank must cut rates to avoid slump
UK - Britain faced warnings to cut interest rates to head off the risk of economic slowdown.
Rate cut doubt after new data published
UK - Buoyant UK consumer data released on May 2 has added to the interest rate dilemma faced by the Bank of England.
Parliament committee grills new policy adviser
LONDON - Kate Barker, due to join the Bank of England's Monetary Policy Committee (MPC) in June, testified before parliament's Treasury Select Committee on May 1.
BoE's George 'Surprised' By Weak 1Q GDP Data
UK - Bank of England Governor Eddie George said Tuesday that he was caught off guard by the weakness of U.K. output during the first quarter of this year.
UK growth hit by global slowdown
UK - Fears of a sharp slowdown in the British economy have grown after official figures showed output was weaker than expected in the first three months of the year.