Bank of England Archives

29 Sep

Bank of England governor Mark Carney: interest rates will rise

Bank of England (BoE) governor Mark Carney said that interest rates will rise in the “relatively near term.” He told the BBC Radio Four’s Today Programme this morning: If the economy continues on the track that it’s been on, and all indications are that it is, in the relatively near term we can expect that interest rates will

13 Sep

Bank of England Brexit Mark Carney MPC

UK jobless rate at 42-year low despite Brexit, but wage growth remains stagnant

UK unemployment fell by 75,000 in the three months to July to the lowest level in 42 years, but workers continue to feel the squeeze as real wages remain stagnant.

10 Aug

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Animal fat won’t be removed from Bank of England notes despite public pressure

It has been more than a year since The Bank of England unveiled the new and improved £5 note.

7 Aug

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Spending on transport in the UK has fallen sharply — what’s behind it?

UK consumer spending fell for the third month in a row in July, the longest-running slump since February 2013, according to research from credit card giant Visa and financial services company IHS Markit.

3 Aug

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Bank of England Super Thursday: 3 things to look out for today

The Bank of England’s Super Thursday meeting takes place today.

28 Jul

Bank of England Charlotte Hogg deputy governor economist Philip Hammond

Who is the new deputy governor of the Bank of England?

Sir Dave Ramsden, a senior civil servant, who has been at the Treasury for 29 years, was appointed the Bank of England’s deputy governor on Thursday.

19 Jul

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Brexit: UK companies are increasing their advertising spending despite economic uncertainty

British companies increased their marketing budgets in the second quarter despite economic uncertainty resulting from the UK’s decision to leave the European Union (EU), according to a survey out today.

18 Jul

Bank of England Credit debt PRA

The Bank of England is walking a fine line on consumer credit

The Bank of England’s Prudential Regulation Authority (PRA) has told lenders to demonstrate they are properly managing risks — including consumer credit.

18 Jul

Bank of England inflation interest rates Mark Carney

UK inflation falls back as Brexit loses its bite

The UK’s inflation rate fell back in June, as many economists had predicted.

27 Jun

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The Bank of England has warned negotiators a no deal Brexit would be bad for everyone

The Bank of England’s semi-annual financial stability report, out today, has warned if the UK leaves the European Union without a bespoke trade agreement the consequences would be bad for all involved.

20 Jun

Bank of England Brexit interest rates Mansion House Mark Carney Philip Hammond Startups

Mark Carney and Philip Hammond’s Mansion House speeches: what you need to know

After cancelling the event last week in the wake of the Grenfell Tower disaster, Bank of England (BoE) governor Mark Carney and the UK chancellor Philip Hammond discussed Brexit and interest rates at Mansion House earlier today.

19 Jun

Bank of England Charlotte Hogg inflation Mark Carney MPC rate Tenreyro

Who is Silvana Tenreyro, the Monetary Policy Committee’s new appointee?

Silvana Tenreyro, 43, was appointed member of the Bank of England’s (BoE) Monetary Policy Committee (MPC) on Monday.

17 May

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UK jobs: More people are now in work than at any time since 1975, but wages are low

The UK unemployment rate has fallen to its lowest level since 1975 at just 4.6 percent, with a total of 31.95m people now in work.

16 Mar

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BoE set to hold steady on rates; Trump’s budget outline prioritises defense; Great Barrier Reef faces threat to survival

These three things will change the world today.

14 Mar

Bank of England BoE Charlotte Hogg deputy governor Harvard Mark Carney Morgan Stanley resignation Santander

Who is Charlotte Hogg and why has she resigned?

The Bank of England’s (BoE) chief operating officer and deputy governor for markets and banking Charlotte Hogg resigned today amid allegations about a possible conflict of interest.

3 Feb

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