United Kingdom
Bank’s Sentance calls for revaluation of sterling rate
Bank of England external Monetary Policy Committee member Andrew Sentance says Bank needs to strike a more even balance on sterling value
Bank of England - Asset Purchase Facility Report (First Quarter 2011)
Bank of England First Quarter 2011 Asset Purchase Facility Report shows adaption to reserve prices sparked higher sale in corporate bonds
Bank of England – Trends in Lending (April 2011)
Bank of England’s Trends in Lending April 2011 report finds evidence of a contraction in UK bank lending
Capital constraints limits firm productivity: BoE paper
Bank of England study shows recession in United Kingdom limited firms’ ability to finance production costs
Bank’s Fisher optimistic on winding down crisis facilities
Bank of England executive director of markets Paul Fisher says recent progress in markets reinforced decision to end special liquidity scheme next year
Precautionary saving motives necessitate monetary stance revisions: BoE paper
Bank of England study says households’ precautionary saving motives justify accommodative policy bias
UK banking commission keen on ring-fencing retail operations
Safeguards on retail banking “common sense” chairman claims; Sifis need minimum capital ratio of 10%
Iceland in talks to avoid downgrade following 'no' vote
Governor Már Guðmundsson talks to rating agencies after Icelanders reject second Icesave deal
King attempts to mitigate pay freeze news
Bank of England staff receive memo notifying them of measures
Treasury Committee’s Tyrie calls for reform of BoE board
Treasury Select Committee chairman, Andrew Tyrie, calls for urgent reform of governance rules at the Bank of England; warns new regulatory powers must be closely monitored
UK FSA and Treasury say covered bondholders should escape bail-ins
British authorities offer six recommendations for regulatory change; signal covered bondholders will not be hit by bail-ins
Lawmakers say competition in UK retail banking “non-existent”
Report by parliamentarians says pre-conditions for effective competition in retail banking market "not present”; calls for test for proposed future divestments of government-held stakes in banks
Bank of England - Housing Equity Withdrawal (Q4 2010)
Bank of England Housing Equity Withdrawal data for Q4 2010 shows continued weakness in lending to households
House of Lords report slams bank audits
The House of Lords Economic Affairs Committee releases stinging report asking the UK government to consider significant reforms to the system of bank audits
Forecasting under uncertainty: Bank's Weale
Bank of England external Monetary Policy Committee member Martin Weale examines difficulty of forecasting during uncertainty
BoE's chief economist says global inflationary pressures prompted rate hike vote
Bank of England chief economist Spencer Dale says risks associated with global price pressures and prolonged periods of inflation were behind call to raise interest rates
Bank’s Sentance warns of misjudging spare capacity
Bank of England Monetary Policy Committee external member Andrew Sentance warns of difficulty in measuring spare capacity
BoE rate-setters split four ways once more
Bank of England’s Monetary Policy Committee minutes shows three members continued to vote for rate hikes despite downward revision in fourth quarter of 2010 growth figures
Bank’s Cleland: £5 note replenishing scheme “on track”
Bank of England head of banknotes division Victoria Cleland says £5 note replenishing scheme was on schedule but may need to be stepped up
Bank’s Bailey stresses importance of forward-looking approach to regulation
Bank of England executive director of banking services, Andrew Bailey, says regulation should be more forward-looking
It is the supervision of the banks, not their structure, that is most important
A separation between retail and investment banking would in itself do nothing to correct bad management practices and would quite possibly fail in its aim to protect the public purse, Roger Alford argues.
Lawmakers grill BoE’s court over stability mandate
UK Treasury Committee query whether Bank of England’s Court of Directors is up to the task of monitoring the activities of the Financial Policy Committee
BoE governing body member 'uncomfortable' with King fiscal comments
Bank of England’s Court of Directors member and head of Trades Union Congress Brendan Barber says he is uncomfortable about comments made by governor Mervyn King on fiscal policy
Bank of England - Payment Systems Oversight Report (March 2011)
Bank of England’s March 2011 Payment Systems Oversight Report says further steps could be taken to reduce risks in UK payment systems