United Kingdom
BoE's King: From Kirkcaldy to the MPC
In the speech 'Trusting in money: From Kirkcaldy to the MPC' given on 29 October Mervyn King of the Bank of England called for greater stability in UK pensions policy and announced a new £20 banknote will feature the economist Adam Smith.
BoE's King walks into political storm
Mervyn King, the governor of the Bank of England, was at the centre of a political row Monday 30 October after a speech in chancellor Gordon Brown's constituency in which he lauded Scotland's success and prosperity under the Union.
New UK £20 'has raft of anti-fraud measures'
The Bank of England unveiled a new £20 banknote featuring the image of economist Adam Smith on Monday 30 October with a raft of improved anti-counterfeiting measures.
BoE's Bean on globalisation and inflation
In the speech 'Globalisation and inflation' given on 24 October Charles Bean of the Bank of England said downplayed the impact on inflation from lower oil prices and warned that policy-makers have to be extra careful not to allow above-target inflation…
Sterling sits pretty as volatility vanishes
According to this article from the Financial Times, published Tuesday 24 October, the UK's fiscal rules are superior to the eurozone's Stability and Growth Pact and the Treasury's opposition to joining the euro has been vindicated.
BoE's Clark on risk management
In the speech 'Prudential regulation, risk management and systemic stability' given on 20 October Alastair Clark of the Bank of England said risk identification, risk measurement and risk management have become increasing challenges in an ever more…
BoE's Lomax does not see economic boom coming
Bank of England deputy governor Rachel Lomax said in an interview published Thursday 19 October that recent increases in UK house prices are not a sign that the UK is set for another boom in the economy.
Hedge funds can't escape the regulatory spotlight
According to this article from Reuters, published Thursday 19 October, hedge funds are facing calls for greater regulation from policymakers who are alarmed at potential systemic risks to global markets.
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 Gieve on hedge funds and financial stability
In the speech 'Hedge funds and financial stability' given on 17 October John Gieve of the Bank of England warned that short term risks to financial stability from hedge fund activity do exist.
Treasury Committee to look into MPC process
The Treasury Select Committee has said it expects to look into the appointment process to the Bank of England's interest rate-setting Monetary Policy Committee some time next year.
Bank of England governor may be outvoted on rates
This article from Reuters, published Thursday 12 October, asks whether Mervyn King could be outvoted for the second time at the Bank of England's next rate-setting meeting.
BoE's Besley: Second round price pressures exist
Bank of England Monetary Policy Committee member Tim Besley warned Thursday 12 October that second-round inflationary pressures still exist despite the drop in oil prices.
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.
Interview with Bank of England's Paul Tucker
In a recent interview with The Banker magazine, Paul Tucker, executive director, markets, at the Bank of England reveals the three 'unknowable' things that would aid in the management of risk.
Gieve on the puzzle of UK business investment
In the speech 'The puzzle of UK business investment' given on 26 September Sir John Gieve of the Bank of England said official figures on business investment in the UK are likely to be revised higher.
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…
Paper on proposed changes to supervisory review
The UK Treasury has issued a discussion paper on proposed changes to the supervisory review process for mergers and acquisitions in the financial sector which considers the rationale for reform of the existing regime.
Bank of England Quarterly Bulletin, Autumn 2006
The Bank of England published its Quarterly Bulletin for Autumn 2006 on Monday 25 September. The latest issue includes the article "The UK international investment position."
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.
BoE minutes show inflation concerns worry MPC
Bank of England Monetary Policy Committee members said in minutes released Wednesday 20 September that inflation is likely to speed-up and growth will stay around the long-term average.