United Kingdom
Surprise rise for UK inflation seen
UK - UK inflation has risen higher than expected, casting doubt on the need for another interest rate cut.
Why Britain should not join the euro
Janet Bush rejects the economic benefits of monetary union and argues that there is insurmountable opposition to the necessary complementary institution, a European government.
Rudiger Dornbusch
ARTICLE - Rudiger Dornbusch, a far-from-dismal economist, died on July 25th, aged 60. The Economist magazine, 9 August paid tribute to him.
UK money laundering assistance 'slow'
UK - Britain is taking up to two years to respond to requests from overseas law enforcement agencies for assistance in money laundering investigations, according to the City of London's most senior official.
Interview with Milton Friedman
INTERVIEW - Central Banking, The Quarterly Journal, contains an exclusive interview with Milton Friedman in the August 2002 edition. The Editor, Robert Pringle, spoke to US Economist Milton Friedman, just before Friedman celebrated his 90th birthday. In…
Bank of England Inflation Report, August 2002
REPORT - The Bank of England on Wednesday published its Inflation Report for August 2002. The Bank expects inflation to remain below the government's 2.5 per cent target for the whole of the next two years, according to the quarterly Inflation Report…
Bank of England downgrades inflation forecast
UK - The Bank of England said today it was ready to cut interest rates, reversing its position three months ago when it expected to put up the cost of borrowing.
The price of a common currency
ARTICLE - Europe would soon regret any relaxation of the stability pact, argues Horst Siebert in the Financial Times, Tuesday.
Brown criticised for delay in naming Bank deputy
UK - Gordon Brown, the UK chancellor, faced criticism on Monday over the delay in appointing a new deputy governor for the Bank of England. Leaving the possibility that the 9 member Monetary policy Committee will have to sit a spare seat during what…
Worrying poll finds Britons confused by euro idea
UK - Almost a third of Britons believe the country could keep the pound after it had joined the euro, according to internal polling conducted for the No campaign.
Gold rises as dollar slips back
UK - Gold shone on Friday morning in Europe as the dollar slipped against other currencies and producer selling seen earlier this week eased off, leaving prices with a chance to head up, traders said.
UK interest rates left on hold
UK - UK interest rates have been left on hold for the ninth month running at 4%, their lowest level for 38 years.
Bank of England News Release
News Release - Bank Of England Maintains Interest Rates at 4.0%, 1 August.
Bank of England Working Paper
RESEARCH - On gross worker flows in the United Kingdom: evidence from the Labour Force Survey, by Brian Bell and James Smith.
Working at the Bank of England
ARTICLE - Got a good head for figures? Then you should consider a career with the Bank of England, reports Monday's Guardian newspaper in the UK.
Europe's instability pact
ARTICLE - Thursday's Financial Times in London published an article by Paul De Grauwe who recently stood unsuccessfully as a candidate for the post of Vice President of the European Central Bank.
Poll shows UK public would defy gov't euro support
UK - Public opinion would remain opposed to Britain joining the euro - even if the government recommended it, according to the latest opinion poll from NOP.
US has learnt lessons from the Japanese experience
LETTER - Letter published in the UK edition of the Financial Times, 24 July, from Christopher Iggo.
Bank of England Working Paper
RESEARCH - Financial liberalisation and consumers' expenditure: 'FLIB' re-examined by Emilio Fernandez-Corugedo and Simon Price.
Bank of England News Release, 18 July
NEWS RELEASE - The Bank of England plans to resume issuing the new Elizabeth Fry £5 note in the week commencing 19 August.
UK Treasury criticised over Bank of England posts
UK - The Treasury has been rebuked for failing to follow proper procedures for appointments to the Bank of England's governing body.
Edward George enters ECB race - and promptly exits
UK - The Financial Times on Thursday speculates that Edward George could be the ideal man for the ECB's top job now that long-time favourite Jean-Claude Trichet faces trial. However, sources at the Bank of England told CentralBankNet on Thursday that…
Bank of England Monetary Policy Committee Minutes
MINUTES - Minutes from the Bank of England's MPC meeting 3 and 4 July, released 17 July. The Bank of England's Monetary Policy Committee voted 8-1 to leave interest rates at 4.0 percent for the eighth month running in July, the minutes showed.
One opposed last UK rate decision minutes reveal
UK - The men and women who set interest rates in the UK earlier this month voted overwhelmingly in favour of leaving interest rates unchanged at 4%, minutes of the rate decision meeting show.