United Kingdom
Banks shun online sales pitch
UK - Britain's banks and building societies are turning away from the web in their search for new customers.
Bank of England News Release
NEWS RELEASE - Bank of England Maintains Interest Rates at 4.0%, 7 March.
London gold auction ends but arguments continue
UK - The UK completed its sale on Tuesday of 400 tons of gold - a $3.5 billion stack almost as big as two London taxis.
Nobel Laureate Nash is mathematician not economist
LETTER - Letter published in the London Financial Times from Dennis Hesseling, Brussels, Belgium, 4 March. In reply to an article published recently by the newspaper.
Alan Greenspan's stock on the rise
FEATURE - Is Alan Greenspan a monetary genius with unique insight into the US economy? Or is he a central banker with a taste for obscure diction and data who nonetheless follows a simple rule?
MPC member sees room for interest rate fall
FEATURE - Kate Barker's views go against the consensus in financial markets, however.
Channel Islands agree tax haven deal
UK - Guernsey and Jersey in the Channel Islands have signed up to an international programme to block tax evasion.
BofE's George gives evidence at Treasury Committee
FEATURE - Giving evidence to the UK House of Commons Treasury Committee on Thursday, Sir Edward George, Governor of the Bank of England, said he anticipates recovery for the UK economy but that it would be slow.
Aide warns over euro politics
UK - One of Chancellor Gordon Brown's closest aides has warned against allowing political pressures to influence the government's approach to the euro.
BofE George warns of possible threat to inflation
UK - Sir Edward George, the governor of the Bank of England, has warned of the risk that the economy will slow further at the same time as the pound falls, putting upward pressure on inflation.
Japan urged to adopt British-style economic reform
UK - The British government will today urge Japan to press ahead with privatisation and other structural reforms as the best way to pull the country out of its deepening economic crisis.
IMF's Krueger - World economy near turning point
UK - The world economy is at or near a turning point, which makes it difficult for central banks to make the right decisions on interest rates, International Monetary Fund First Deputy Managing Director Anne Krueger said Monday.
Bank of England News Release
News Release - HM Government Gold Auction Programme: Announcement of Auction, 26 February.
Bank of England Working Paper
RESEARCH - Bank of England Working Paper Series, How uncertain are the welfare costs of inflation? by Hasan Bakhshi, Ben Martin and Tony Yates, 22 February.
Speech by Fed Reserve Governor Ed Gramlich, 20 Feb
SPEECH - In the speech titled 'Consumption and the Wealth Effect: The United States and the United Kingdom' Gramlich said the run-up in household wealth in the late 1990s - in the form of rising stock and home prices - clearly affected consumer spending,…
Anger at Hain over timetable for joining euro
UK - The UK Treasury has signalled its anger at Peter Hain, the minister for Europe, for laying out a possible timetable for euro membership.
Jockeying begins as candidates line up for ECB job
UK - EU governments are marshalling their candidates to succeed Christian Noyer when he steps down on 31 May as vice-president of the European Central Bank.Guy Quaden, the governor of the Belgian central bank, yesterday removed his name from the…
Bank of England Monetary Policy Committee Minutes
MINUTES - Minutes of the Bank of England Monetary Policy Committee meeting 6 and 7 February 2002. Released 20 February.
BOE minutes - MPC voted 7-2 to hold repo rate 4.0%
UK - Seven members of the Bank of England's Monetary Policy Committee voted to keep the repo rate on hold at 4.0% in February, according to minutes of the meeting released Wednesday.
UK could join euro in less than 2 years
UK - Britain could introduce euro notes and coins less than two years after a single currency referendum, Peter Hain said on Tuesday.
Nations start line up for Washington rollover
UK - The announcement last week that Wim Duisenberg is to retire as head of the European Central Bank, and the comments by Bundesbank governor Ernst Welteke Tuesday that Germany may sell some of its gold, has revived industry speculation that the…
Speech by Eddie George, Bank of England, 19 Feb
SPEECH - In an address to the Euromoney Bond Investors' Congress George said financial markets were exaggerating the degree of monetary tightening that may or may not be on the cards.
BoE's George plays down talk of jump in UK rates
UK - Bank of England Governor Sir Edward George warned financial markets on Tuesday they should not get too carried away with the idea that British interest rates are set to rise sharply this year.
UK and Italy in new alliance
UK - UK Prime Minister Tony Blair and his Italian counterpart Silvio Berlusconi have agreed in principle on a common position for lifting regulations on European labour and energy markets during a summit in Rome.