United Kingdom
Factory-gate inflation rise compounds BoE's woe
Producer prices in the UK leapt to 6.2% for the year to March, the highest rate since 1991.
BoE on how to reduce systemic risk
The Bank of England has published a paper looking at how the structure of financial systems affects systemic risk.
Old Lady lowers rates to 5%
The Bank of England's Monetary Policy Committee (MPC) cut rates by a quarter point to 5% on Thursday.
British banks want to borrow more
UK banks have asked for a sharp increase in their borrowing facilities at the Bank of England, the Financial Times has reported.
UK opposition calls for new central bank powers
Giving central banks the power to vary the capital banks hold over the economic cycle could help prevent asset price collapses, argued George Osborne, the Conservative shadow chancellor.
UK chancellor wants action on market crisis
Alistair Darling, the UK chancellor, has called on his G7 counterparts to formulate a "clear and detailed plan of action" to combat the turmoil in world markets.
New UK coinage meets lukewarm reception
New coin and banknote designs are almost inevitably greeted with criticism and the first new coin designs for 40 years from the UK's Royal Mint, unveiled on 3 April, were no exception. Historians, designers and MPs have already criticised them.
Tucker: BoE to only partly offset the credit blow
The Bank of England should cut rates gradually to avoid inflation, said Paul Tucker, the Bank's executive director responsible for markets and member of the Monetary Policy Committee.
Lenders expect further credit cutbacks: BoE poll
The Bank of England's quarterly survey of credit conditions, published on 3 April, showed that lenders had reduced the supply of secured credit to households over the three months to mid-March.
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…
Regulator admits culpability for Rock run
The Financial Services Authority (FSA), Britain's financial supervisor, has said it failed to adequately regulate Northern Rock, the now state-owned UK mortgage lender.
Bank's extra cash to stay in system until April
The Bank of England said on Thursday 20 March that it would carry over the emergency £5 billion ($10 billion) injection made on Monday until just before its next rate-setting meeting.
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…
April rate cut more likely on back of BoE minutes
Market expectations of an April rate cut rose after the publication of the minutes of the Bank of England's latest Monetary Policy Committee meeting.
UK inflation jumps to 2.5%
British inflation rose by 0.3 percentage points in the year to February, an increase that was widely expected after the Bank of England said last month that price growth was set to accelerate over the next quarter. Changes to the way in which the measure…
Overnight rate unchanged despite BoE injection
The Bank of England's attempt to lower sterling short-term interbank borrowing costs by adding £5 billion ($10 billion) to the money markets looks to have failed.
Old Lady adds an extra £5bn
The Bank of England injected £5 billion ($10 billion) into the money markets on Monday 17 March after overnight interbank rates shot up on the back of Bear Stearns's collapse.
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.
SWFs a force for stability, says BoE's Gieve
Sovereign wealth fund investment will help temper volatility in equity markets, Sir John Gieve, the deputy governor at the Bank of England responsible for financial stability, said.
UK inflation expectations surge to record high
The British public expects prices to rise by 3.3% over the next 12 months, their highest-ever estimate.
BoE's Tucker gets second term on MPC
Paul Tucker, the executive director for markets at the Bank of England, is to serve a further three-year term on the Monetary Policy Committee.
UK homeowners fail to benefit from Bank cuts
Cuts to the Bank of England's benchmark rate have had little impact on mortgage rates for some British consumers, data published by the Bank reveals.
Research on the benefits of information dispersal
Cross-border information sharing allows policymakers to respond more appropriately to common shocks, research published by the Bank of England indicates.