United Kingdom
Union to sue Bank of England over staff sackings
Unifi, the finance trade union, is to take the Bank of England to an industrial tribunal on behalf of six sacked employees who refused to sign 'inferior' employment contracts.
Bank of England warns on tax cuts
The Bank of England, the UK central bank, has warned that it is premature to rule out further interest rate rises and threatened an immediate response if the government makes big pre-election tax cuts.
Euro more likely to recover than weaken-BoE's King
Europe's single currency was more likely to recover against other key currencies than to fall further, Mervyn King, deputy governor of the Bank of England, said on Tuesday.
BOE: Joining euro means return to tax and spend
Sir Eddie George, the governor of the Bank of England, said that the government would have to rely more on taxation and spending policy to control the economy if Britain joined the euro.
Probe begins at Bank into declining staff morale
The governing court of the Bank of England has ordered an investigation into falling morale at the Bank, following the introduction of a controversial new benefits package for staff.
Diusenberg says UK euro tests are irrevelant
European Central Bank chief Wim Duisenberg today dismissed Gordon Brown's five economic tests for joining the single currency as irrelevant and insisted that Britain would have to join the European exchange rate mechanism for two years before adopting…
IMF warns Brown not to increase spending
The International Monetary Fund's report on the health of the UK economy, published yesterday by the Treasury, warned Gordon Brown, the UK Chancellor, that private spending needs to slow down before the economy can accommodate an increase in public…
UK's MPC voted 9-0 for unchanged rates in November
The Bank of England's monetary policy committee (MPC) voted unanimously for a second month running in November to leave interest rates unchanged at 6%.
BoE issues inflation warning on wages
The Bank of England has released a report, co-written by chief economist Charlie Bean and other bank staff, warning that an increase in the share of national income being taken by wages may lead to a rise in inflation.
Easing of Yugoslav sanctions by BOE
The Bank of England has eased financial sanctions against the Federal Republic of Yugoslavia and Serbia following the publication of an EC regulation.
Slow integration of European equity markets
Sir Eddie George, Governor of the Bank of England, said to UK parliamentarians that European equity market integration will take time.
George says euro is substantially undervalued
Bank of England governor Eddie George said in a speech in Paris on Tuesday that the euro is substantially undervalued in terms of the medium-term 'fundamentals'.
John Nugee goes to State Street
John Nugee, the head of reserve management at the Bank of England, has moved to State Street. Paul Chilcott is the new chief reserve manager.
Monetary policy frameworks in a global context
A new highly recommended book edited by Lavan Mahadeva and Gabriel Sterne has just been published by the Bank of England's Centre for Central Banking Studies.
UK inflation to rise above target, says Bank
In its latest quarterly inflation forecast, the Bank of England forecasts inflation to go above its 2.5% target in two years time. But deputy governor Mervyn King says this does not mean interest rates have to rise.
Bank of England - Annual Report 2000
ANNUAL REPORT - The Bank of England has published its Annual Report for the year ended 2000.