United Kingdom
UK to retain highest denomination note
Central bank says new £50 will be printed on polymer; low-value coins also set to stay
BoE to demand senior financiers tackle climate risks
Proposals from PRA would hold senior managers accountable for climate change risks, and capital surcharges may follow
What is driving the drop in UK cash volumes?
The volume of cash in circulation in the UK has declined for the first time since 1960. Is this a sign the UK is moving towards a cashless society? Or just a blip in the trend?
Macro-prudential forex rules may shift vulnerability – BoE paper
Study of forex rules finds they may succeed in their primary goal, but shift risks elsewhere
Haldane examines ‘puzzling pattern’ of weak wage growth
Average weekly wages are now lower than before the crisis, in real terms
BoE calls on EU to act on Brexit stability risks
Failure to act could disrupt $90 trillion of derivatives contracts, central bank warns
Bank lawsuit pushes Fed to rethink monetary system
The Narrow Bank has the potential to alter how the Fed conducts monetary policy
Haldane to lead effort to boost UK productivity
BoE chief economist appointed chair of the Industrial Strategy Council
A stressful week: saving the UK banking sector
One frenetic week in 2008 led to the formation of the UK’s modern stress-testing approach
What is the future of banknotes?
Antti Heinonen searches for clues on the future of banknotes at central banks worldwide
‘Momentum building’ behind financial response to climate change
FSB welcomes progress on disclosures; BoE report finds many UK banks are facing up to the risks
Future balance sheet size hard to judge – BoE’s Ramsden
Reserves demand likely to become more important as QE winds down, but how large the balance sheet will be is an “open and difficult question”, deputy says
BoE’s Vlieghe: QE unwind need not impact yield curve
Yield curve has flattened since BoE’s independence and is likely to stay that way- MPC member
BoE reveals details of nowcasting approach
Central bank explains approach to generating timely estimates of global GDP
IT failures reveal vulnerabilities in UK banking system
Barclays and NatWest are latest victims of internal failure
De La Rue beats European competition to Swedish banknote contract
Banknotes will be printed in UK after Riksbank severs ties with former supplier
Haldane: ‘superforecasters’ could help central banks
Non-experts could help solve difficult problems for central banks, says Andy Haldane
IMF pessimistic over UK’s post-Brexit future
The larger the impediments to trade in the new relationship, the costlier it will be, IMF head says
Carney says UK prepared for multiple Brexit outcomes
The BoE’s stress tests have become more rigorous amid rising concerns of possible Brexit scenarios
A decade on: Lehman Brothers at the brink
On September 14, 2008, there remained hope that Lehman could be saved and a crisis averted. Events moved rapidly thereafter
BoE on hold as forecasts ‘broadly on track’
Future rate hikes likely if economy develops in line with projections
Carney agrees seven-month extension to term
BoE governor continues to avoid full eight-year term laid out in the central bank law; Jon Cunliffe also reappointed
‘Hyman Minsky was right’ – Don Kohn
Macro-prudential policy should mitigate crisis risks, but needs to be well communicated, says Bank of England policy-maker
FCA’s Bailey hits back at EU location demands
It is not necessary for all EU financial activity to take place in the EU if co-operation is close and rules are aligned, the FCA chief argues