Skip to main content

United Kingdom

Bank of England voted 7-2 to hold rates

The Bank of England's two newest Monetary Policy Committee members, Andrew Sentance and Timothy Besley, both voted for higher interest rates at this month's meeting, minutes released Wednesday 18 October showed.

BoE's Sentance worried on above target inflation

Bank of England rate setter Andrew Sentance, who joined the Monetary Policy Committee earlier this month, said Thursday 12 October the biggest upside risk to UK inflation is that above target consumer price inflation will fuel higher wage increases.

BoE's King on the UK economy

In a speech given on 10 October Mervyn King of the Bank of England said the chance of inflation exceeding three percent in the coming months has been reduced by the latest fall in oil prices.

UK's Blanchflower on his first four MPC votes

In the speech 'Reflections on my first four votes on the MPC' given on 27 September Professor David Blanchflower of the Bank of England painted a softer picture on the outlook for the UK economy, saying that both inflation and growth are likely to come…

Interview with Bank of England's Alastair Clark

In an interview with The Asian Banker, published Wednesday 27 September, Alastair Clark, adviser to the governor of the Bank of England, says the UK's "super regulator" model would not necessarily suit the current Chinese banking system.

FSA's McCarthy on challenges of Basel II

In the speech 'The challenge of Basel II for regulators' given on 18 September Callum McCarthy of the Financial Services Authority said that different regulators operate under very different legislative frameworks, and in very different political…

MPC considered rate rise says BoE's Gieve

The Bank of England's Monetary Policy Committee considered raising interest rates for the second consecutive month in September, deputy governor Sir John Gieve told the Financial Times newspaper in an interview published Monday 25 September.

Bank of England Inflation Attitudes Survey, Sep 06

The Bank of England published its September 2006 Inflation Attitudes Survey on Monday 18 September. Britons' expectations of future inflation steadied in August, but were still way above the Bank of England's 2.0 percent inflation target.

Comment on central banking

The Financial Times published three interesting articles on Tuesday and Wednesday 13 September, including a piece on the IMF by Rachel Lomax and Tiff Macklem.

BoE paper on the danger of inflating expectations

According to the Bank of England Working Paper "The danger of inflating expectations of macroeconomic stability: heuristic switching in an overlapping generations monetary model" the volatility of inflation and output has fallen in most advanced…

SPEED: the new journal for financial plumbers

SPEED - short for Settlement, Payment, E-money and E-trading Development - is a new journal aimed at all those policy-makers in banks, central banks and system operators who are trying to ensure that the financial infrastructure, often called the …

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.