United Kingdom
Bank of England cuts interest rates, quarter point
UK - The Bank of England has cut UK interest rates by a further quarter point as it tries to stem the economic turbulence triggered by last month's terror attacks.
Bank of England News Release
NEWS RELEASE - Official News Release from the Bank of England on interest rate decision, 4 October.
Banks fail on internet targets
UK - Banks have failed to meet targets for cost savings from internet banking and almost half believe the business case for setting up web services may not be viable.
More to economic forecasts than meets the eye
ARTICLE - A letter published in the London edition of the Financial Times Wednesday 2 October argues against an editorial - The value of IMF forecasts - the FT published the previous week.
PM Blair gives strong endorsement of euro entry
UK - British Prime Minister Tony Blair Tuesday gave his strongest endorsement yet of British membership in the European single currency.
Moves to curb cash laundering at bureaux de change
UK - Britain is the last European Union country not to regulate bureaux de change, which UK ministers believe act as a conduit for dirty money.
Offshore banks warned over controls
UK - Offshore financial centres, which include the Channel Islands and the Isle of Man, face a "bleak future" unless they improve anti-money laundering controls in the wake of the terrorist attacks in the US, Britain's main financial regulator warned…
Speech by Christopher Allsopp of Bank of England
SPEECH - Speech by Christopher Allsopp, Member of the Monetary Policy Committee of the Bank of England, delivered in the Scott Policy Seminar Series of the Northern Ireland Economic Research Centre (NIERC), 19 September.
Watchdog rules credit card retail fees excessive
Fees paid by retailers to credit card companies are "excessive" and anti-competitive, the competition watchdog said in a provisional ruling yesterday.
Britain marginalised by failure to join euro
UK - The global economic response to the terrorist attacks in the US showed Britain has been marginalised by its failure to join the euro, the UK Liberal Democrats political party said on Monday 24 September.
Plenderleith - UK able to weather econ uncertainty
UK - The U.K. is well placed to weather the current world economic slowdown because of its low inflation and the underlying competitive advantages of major economies, Bank of England executive director Ian Plenderleith said Thursday 20 September in a…
Speech by Ian Plenderleith on monetary policy
SPEECH - Speech by Ian Plenderleith, Executive Director of the Bank of England to the Fort William Chamber of Commerce in Scotland, 20 September.
Blair warned to make decision about euro entry
UK - Tony Blair has been warned by a close ally that he must stop "dithering" about Britain's place in Europe, and make the political case for joining the euro.
UK growth predicted 'to fall sharply'
UK - A leading think tank has forecast a sharp slowdown in the UK economy next year as a result of the suicide attacks on Washington and New York.
Bank had considered UK rate rise
UK - The Bank of England had been considering raising interest rates this month, minutes of a key meeting have revealed.
Minutes of the Monetary Policy Committee meeting
NEWS RELEASE - The Bank of England has published the minutes from its Monetary Policy Committee (MPC) meeting held on 5 and 6 September.
History of central bank intervention
UK - Following is a chronology of intervention in foreign exchange markets by central banks from major industrial nations on the dollar, the yen, the German mark and the euro.
Surprise rise in UK inflation rate to 2.6%
UK - UK inflation has risen much more sharply than expected in August.
Bank of England cuts interest rates 0.25%
UK - The Bank of England Tuesday 18 September said it has cut its repo rate to 4.75% from 5.0% at a special monetary policy committee meeting held Tuesday morning.
Bank of England News Release
NEWS RELEASE - Meeting of Monetary Policy Committee, 18 September
BoE/ Fed Rate Cut Suggests no coordinated effort
UK - The Bank of England said Monday 17 September that it does not comment on monetary policy decisions carried out by other central banks.
Speech by Sushil Wadhwani of the Bank of England
SPEECH - Sushil Wadhwani, Member of the Monetary Policy Committee, deliveved at a CEPR/ESI Conference, Helsinki, 14 September.
Edward George Governor Bank of England
SPEECH - Speech by the Governor of the Bank of England The Rt Hon Sir Edward George at the Centre for Financial Studies Seminar, Frankfurt, 13 September.
Dlr swap seen as more than a confidence measure
UK - In another move to ensure market liquidity, central banks Thursday 13 September established swap facilities to alleviate the tight dollar market in Europe - a move welcomed by the financial industry.