United Kingdom
UK markets say ‘no’ to mandatory haircuts and clearing – BoE
Central bank to consider industry feedback and come back with updated proposals in early 2027
Lifetime achievement award: Mervyn King
The former BoE governor helped restore UK monetary policy credibility, played a central role during the global financial crisis, and has made significant contributions towards better bank oversight and economics
BoE takes a walk on the wild side with banknote designs
Public votes to replace historical figures with wildlife, but plans incur backlash from some quarters
Transparency award: Bank of England
UK central bank moves out of its ‘comfort zone’ with targeted efforts towards market counterparties and Gen Z citizens
Nearly 450 staff to leave BoE under cost-cutting plans
Central bank says it is targeting £45 million in savings this year
Rogoff and Pill sound warnings over inflation
Former IMF chief economist says markets are underestimating Trump’s long-term impact
People: Braddick to take charge at UK’s prudential watchdog
Plus: BoE also appoints first executive director for monetary policy
High tariff regime in the US is ‘here to stay’ – BoE’s Taylor
Impact on trade flows and pricing will take years to play out, MPC member says
Net zero transition could boost productivity – BoE paper
Impact of carbon tax depends partly on spillovers from green technology, economists say
BoE holds rates at 3.75% in yet another close decision
Good progress on disinflation and weak labour market open door for cut in March
Banks must keep up with high-speed traders – BoE’s Jackson
Risk has migrated to a part of the system where execution is measured in microseconds, official says
UK clearing houses face tougher capital regime than EU peers
Ice resists BoE plan to move second skin in the game higher up capital stack, but members approve
Life insurers increasingly exposed to systemic risk – BoE paper
Authors say European firms’ ‘non-traditional activities’ may call for new regulation
BoE’s new forecast evaluation unpacks causes of errors
Global shocks and wage growth led bank to underestimate inflation persistence
BoE’s Greene: impact of Fed easing on UK remains unclear
Spillovers via trade channel could push domestic inflation up or down, MPC member says
Bailey underscores support for Powell
BoE governor also points to potential spillover risks to UK from events in US
BoE to ‘streamline’ supervision as part of growth push
PRA has been easing some regulations as government looks to cut cost of compliance
BoE’s Ramsden defends UK’s ring-fencing regime
Deputy governor says rules remain “critical” to regulatory framework amid review to reform them
US tariffs unlikely to halt progress on global trade – BoE’s Taylor
UK inflation expected to fall in near term due to trade diversion, MPC member says
Central bank governors express ‘full solidarity’ with Powell
Lagarde and Bailey among signatories of statement in wake of Department of Justice investigation
BoE paper offers method to build narrative around forecasts
Process could support use of SVAR models in monetary policy process