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United Kingdom

Bank launches new lending report

21 April saw the publication of the first Trends in Lending report, a new monthly publication from the Bank of England which will present a regular assessment of lending to the UK economy.

Monetary policy in turbulent times

The global financial crisis has hit the British economy hard, but this does not mean monetary policy should change its focus, said Andrew Sentance, a member of the Bank of England's rate-setting Monetary Policy Committee.

British regulator denies whistleblower claims

The Financial Services Authority (FSA), the United Kingdom's financial regulator, has parried allegations made by a former employee that it had allowed building societies to become involved in areas of finance that they knew little about.

A guide for would-be MPC members

An ability to challenge convention, courage in one's convictions and a thick skin are some of the qualities essential for Monetary Policy Committee members, two external members of the Bank of England's committee have said.

MPC dove slams policy orthodoxy

David Blanchflower, an external member of the Bank of England's Monetary Policy Committee, has launched a scathing attack on monetary-policy orthodoxy, questioning inflation targeting's intellectual roots and advocating consideration of whether to use…

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