United Kingdom
Bank of England Monetary Policy Committee Minutes
MINUTES - Minutes from the Bank of England's MPC meeting 8 and 9 May, released 22 May.
Bank of England hints at future rate rise
UK - May's decision by the Bank of England's Monetary Policy Committee (MPC) to leave interest rates unchanged at 4% was unanimous for the third month in a row, the latest minutes of the MPC's meeting have shown.
Britons hoard £1bn cash
FEATURE - British households are sitting on an estimated £945m cash pile, according to a new survey - and much of it can be found under sofa cushions.
Bank of England News Release
NEWS RELEASE - New Design £5 Banknotes, 21 May.
Bank of England unveils new note
UK - The Bank of England has unveiled an improved, criminal-proof £5 note featuring a portrait of Elizabeth Fry, the 19th century social reformer.
Europeans aim for joint rate rises
UK - Europe's central banks are set to raise interest rates simultaneously on 6 June, say leading economists. The Bank of England, the European Central Bank and the Swedish Riksbank are likely to hike rates at their respective policy-making meetings in…
Bank of England Report
REPORT - The Bank of England's Operations in the Sterling Money Markets, 16 May.
Speech by Sushil Wadhwani, Bank of England, 16 May
SPEECH - In a speech titled 'The MPC: Some Further Challenges' Wadhwani slammed the MPC's forecasting methods as flawed and, noted as an arch dove, said interest rates had been set too high over the past five years. He also rebuked deputy governor Mervyn…
Outgoing MPC member criticises B of E rates record
UK - The Bank of England would have delivered a significantly more impressive performance on both growth and inflation if interest rates had been kept lower over the past few years, according to research carried out by Sushil Wadhwani, a soon to depart…
UK's Blair says euro poll 'getting close'
UK - Tony Blair has admitted a referendum on Britain's entry into the single European currency could be "getting close".
Strong appeal
FEATURE - An emotional day yesterday for Ian Plenderleith - by Bank of England standards at least. The outgoing head of financial market operations has always been taciturn when helping to unveil the inflation report, reports Thursday's Financial Times.
Bank of England Inflation Report, May 2002
REPORT - Bank of England's quarterly Inflation Report released 15 May.
House of Commons Treasury Committee
PRESS RELEASE - Bank of England Monetary Policy Committee: Confirmation hearings for new members, 14 May.
Bank governor George dismisses 'double-dip' chance
UK - The world's leading economies are not expected to fall prey to the much-dreaded "double-dip downturn", Sir Edward George, governor of the Bank of England, said yesterday.
UK company among 3 bidders for Nigerian mint
UK - De La Rue PLC is among three foreign companies bidding for a controlling stake in Nigeria's state-run mint, the Nigerian Security Printing and Minting Co, officials said.
Bank of England News Release
NEWS RELEASE - Bank of England Maintains Interest Rates at 4.0%, 9 May.
UK interest rates kept on hold
UK - The Bank of England's monetary policy committee on Thursday voted to leave interest rates unchanged at 4 per cent, in a decision which underlined the fragility of the UK economic recovery.
Five years of an independent Bank
FEATURE - It is, for the Bank of England, Independence Day. Just five years ago the Bank of England was given its freedom to set monetary policy.
Bank of England 'would not oppose euro' entry
UK - The governor of the Bank of England, Sir Edward George, has said he would not oppose the UK joining the European single currency if the public voted in favour of adopting the euro, according to a press report.
UK at forefront of global card fraud prevention
FEATURE - Letter published in the Financial Times, 3 May, from Chris Pearson, Association for Payment Clearing Services, London.
No 'complacency' about debt levels
FEATURE - Letter published in the Financial Times, 3 May, from Dr Sushil Wadhwani, Monetary Policy Committee, Bank of England.
BofE's Clementi may become new Prudential chief
UK - David Clementi, deputy governor of the Bank of England, is favourite to become the next chairman of the Prudential Corporation reports the Sunday Telegraph, in a move that will reassure the City following last week's sudden resignation of Sir Roger…
Speech by David Clementi, Bank of England, 29 Apr
SPEECH - In a speech 'Property and the Economy' Clementi played down talk of a dangerous "bubble" similar to the late 1980s when a housing boom suddenly turned to bust.
Woman economist takes MPC post at BofE
UK - A female city economist is to replace Sushil Wadhwani on the Monetary Policy Committee (MPC) in the latest merry-go-round at the Bank of England.