United Kingdom
Bank of England News Release
NEWS RELEASE - Bank of England Meetings in Manchester and Liverpool, 7 October.
UK Treasury Report - Andrew Large's Appointment
REPORT - UK Treasury Select Committee report on the appointment of Sir Andrew Large as a Deputy Governor of the Bank of England and Member of the Monetary Policy Committee, released 30 September. The committee concluded, 'We are satisfied that Sir Andrew…
Brown rebuked for slow appointment of BofE's Large
UK - Gordon Brown's failure to appoint a new deputy governor to the Bank of England before the old one left earned a rebuke Monday from a parliament inquiry.
Blejer set for Bank of England role
UK - Mario Blejer, former governor of Argentina's central bank, is heading for a calmer climate and will take up the post of director at the Bank of England's Centre for Central Banking Studies.
Appointment at the Bank of England, 26 September
PRESS RELEASE - Professor Mario Blejer has been appointed as the new Director of the Centre for Central Banking Studies (CCBS) at the Bank of England. He will also be an Adviser to the Governor.
Queen Elizabeth Knights Fed Chairman Greenspan
SCOTLAND - U.S. Federal Reserve Chairman Alan Greenspan received an honorary knighthood from Queen Elizabeth II on Thursday and said he would always cherish the honour.
Honour Greenspan and Lady Prudence
ARTICLE - When the Queen knights Alan Greenspan tomorrow at Balmoral it will raise profound questions for the world's other central bankers, reported the London edition of the FT on Wednesday in an article.
UK Treasury Press Release
PRESS RELEASE - Chancellor and Sir Edward George pledge more money for Commonwealth Education Fund, 24 September. Chancellor Gordon Brown, and Governor of the Bank of England Sir Edward George, today announced the auction of low-numbered £5 banknotes,…
Bank of England Quarterly Bulletin Autumn 2002
REPORT - Of particular interest in the Autumn Quarterly Bulletin, released Monday, are the articles 'Committees versus individuals: an experimental analysis of monetary policy decision-making' where a simple experiment with students apparently confirmed…
Speech by Edward George, Bank of England, 20 Sep
SPEECH - In the speech George described the recent volatility of international stock markets as "hugely frustrating" and said that it was "very difficult to predict" whether the advantages of membership of the euro outweighed the risks for Britain's…
BoE's George says euro could help UK manufacturing
UK - Bank of England governor Sir Edward George said in Birmingham, England on Friday that the British manufacturing industry could benefit if the government opted to join the single European currency.
Bank research casts doubt on MPs' scrutiny
UK - Bank of England staff have investigated whether parliamentary scrutiny is as onerous in other countries after being wounded by the ferocity of parliamentary confirmation hearings for those nominated to the monetary policy committee.
Article on Christopher Allsopp's speech
ARTICLE - The article 'Why deflation may yet destabilise the monetary policy regime' by Stephen King in the Independent newspaper on Monday looks at a recent speech by Bank of England MPC member Christopher Allsopp.
Speech by C Allsopp, Bank of England, 19 Sep
SPEECH - In the speech titled 'Macroeconomic Policy Rules in Theory and in Practice' Allsopp argued against using interest rates to burst asset price bubbles. "In my view, the most persuasive argument against using interest rates to moderate…
Scotland to be first to print its own euros?
UK - The Bank of Scotland chiefs are fronting a campaign, which aims to allow Scotland to become the first region in the European Union to print its own euros, if the pound is scrapped.
Bank of England Monetary Policy Committee Minutes
MINUTES - Minutes of the Bank of England's Monetary Policy Committee Meeting, 4 and 5 September 2002. The MPC voted unanimously in favour of maintaining the repo rate at 4%. The Committee agreed that the world economy was on balance a little weaker than…
Bank of England unanimous on holding rates
UK - The Monetary Policy Committee voted unanimously to keep UK interest rates unchanged at their September meeting according to the latest minutes published on Wednesday by the Bank of England.
BIS head Crockett warns UK on euro rate
UK - Andrew Crockett, a strong candidate to become the next governor of the Bank of England, has cautioned that competitiveness could be hit if the UK joins the euro at too high an exchange rate.
Bank of England Working Paper
RESEARCH - Regulatory and 'economic' solvency standards for internationally active banks by Patricia Jackson, William Perraudin and Victoria Saporta, Bank of England. In this paper, light is shed on the solvency standards implied by current and possible…
Report says single currency boosts trade
UK - The creation of the euro has boosted trade between eurozone countries significantly, according to new research, reinforcing the argument that the single currency has created a more genuine single market in Europe.
Bank of England News Release
NEWS RELEASE - Bank of England Maintains Interest Rates at 4.0%, 5 September.
BoE keeps rates on hold
UK - The Bank of England left interest rates unchanged on Thursday, as widely expected, amid concerns over a weak economic recovery and continuing volatility in stock markets.
HM Treasury Press Release
PRESS RELEASE - Appointment of Bank of England Deputy Governor Financial Stability, 3 September. The Queen has been pleased to appoint, under the Bank of England Act 1998, Sir Andrew Large as Deputy Governor (Financial Stability) of the Bank of England…
HM Treasury Press Release
PRESS RELEASE - Sir Andrew Large's biography, 3 September.