United Kingdom
BoE deputy's outlook gloomy for UK economy
Sir John Gieve, a deputy governor at the Bank of England, has warned that growth will slow and inflation surge in the coming months.
Developments a mixed bag for Bank: Goodhart
The growth outlook has deteriorated, but there is room for optimism for the Bank of England in other areas, says Charles Goodhart, a former member of the Monetary Policy Committee
De La Rue's cash-systems arm renamed Talaris
Banknote printer De La Rue's cash-systems operations will be renamed Talaris following completion of the sale of the division to Carlyle, a private equity group.
BoE's Blanchflower steps up call for cuts
David Blanchflower, a member of the Bank of England's monetary policy committee (MPC), issued an apocalyptic forecast about Britain's economic prospects, and urged immediate interest rate cuts of at least 25 basis points to prevent the country falling…
An agent-based model of payment systems
A new research paper by the Bank of England lays out a multi-agent, multi-period model of a Real-Time-Gross-Settlement system.
People's Bank buys $246m stake in UK insurer
The People's Bank of China has bought up to £134m-worth ($246m) of shares in the UK's second-largest insurer.
Bank split three ways for second straight month
The Bank of England's monetary-policy dilemma was further underscored on Wednesday when the minutes of the August rate-setting meeting revealed a three-way split.
UK lender seeks ECB funding with Irish start up
One of the biggest mortgage lenders in the United Kingdom wants to set up an Irish operation in part to access European Central Bank (ECB) funds.
British business calls on Bank to cut rates
One of the most influential lobbying groups for British businesses has urged the Bank of England to cut rates soon.
UK regulator slaps $10m fine on Credit Suisse
Credit Suisse, a Swiss bank, is to shell out £5.6m ($10.4m) in fines for mispricing a number of asset-backed securities.
Dollar pegs should be reconsidered: King
Mervyn King, the governor of the Bank of England, warned on Wednesday that it would become "increasingly important" for countries to discuss abandoning their dollar pegs in the coming years.
Bank's outlook wintry for UK economy
The Bank of England gave a dismal forecast for the British economy on Wednesday, predicting inflation to rise to about three percentage points above its target and growth to fall sharply.
Central bank action removed liquidity threat: BoE
Senior Bank of England officials on Wednesday said liquidity tensions in global credit markets had diminished on the back of central banks' efforts.
UK inflation soars to more than double BoE target
The Bank of England will publish its quarterly Inflation Report on Wednesday with annual inflation at more than double its 2% target.
Bank of England holds
The Bank of England left its benchmark rate at 5% on Thursday.
Bank's risk forecasts not effective
The Bank of England's risk forecasts for inflation do not perform well, finds new research from the Deutsche Bundesbank.
Analysts split on FOMC outlook
The decision to hold rates at 2% was widely expected, but the Federal Open Market Committee's post-meeting statement has divided Fed watchers.
Rock's Bank loan to be transferred to Treasury
British mortgage lender Northern Rock's £17.5 billion-worth ($34.2 billion) of Bank of England debt will be passed on to the Treasury, it emerged Tuesday.
BoE's Tucker on assessing price impact of slowdown
A key challenge for the Bank of England's Monetary Policy Committee will be to assess whether the expected economic slowdown will be sufficient to bring inflation back to target, said Paul Tucker, the Bank's executive director responsible for markets.
UK MPC hawk acting on 70s memories
Tim Besley, the only member of the Bank of England's nine-strong Monetary Policy Committee to back a rate hike this month, voted against the majority on fears that UK inflation could become as volatile as it was in the 1970s.
BoE's Bean on the inflation threat
Charles Bean, a deputy governor at the Bank of England, has explained how the Bank is trying to balance upside and downside risks to inflation against each other.
BoE MPC split three ways on July vote
The scale of the Bank of England's monetary-policy dilemma was underlined on Wednesday when the minutes of the July rate-setting meeting revealed a three-way split.
Case for covert special liquidity support opaque
Michael Foot, a former executive director for supervision at the Bank of England, weighs up the pros and cons of allowing the Bank of England to lend in secret.