Search Results for: Bank of England
Bank of England Lifts Growth and Inflation Forecasts
August 13th, 2014
The Bank of England on Wednesday raised slightly its forecasts for growth and inflation in Britain, and gave further indications it was getting closer to gradually increasing interest rates. “The committee’s guidance remains the same: The increases in bank ...
Bank of England keeps rates unchanged
August 7th, 2014
The Bank of England has opted to keep its main interest rate on hold at a record low 0.5 percent despite the ongoing strength of the U.K. economy. The decision was expected. However, there is a growing view that ...
Bank of England unease grows despite keeping rates at 0.5%
July 23rd, 2014
Bank of England policymakers are growing increasingly uneasy at leaving interest rates at a record low of 0.5%, minutes of their latest meeting revealed. The public record of the July meeting of the Bank’s monetary policy committee (MPC) showed ...
Bank of England policymakers discuss controls on banks
July 15th, 2014
Bank of England Governor Mark Carney and three other policymakers appeared before British lawmakers on Tuesday to discuss last month’s half-yearly Financial Stability Report, which recommended tighter curbs on mortgage lending. See below for highlights of the remarks from ...
Bank of England says may be case for extra leverage ratio for banks
July 11th, 2014
Lenders may have to comply with a requirement to set aside funds on top of a proposed minimum of 3pc of their capital, says the Bank The Bank of England said on Friday that big British banks and lenders ...
Bank of England ‘puzzled’ by productivity gap
June 16th, 2014
The Bank of England says productivity is 16% below its pre-crisis trend – but says it is at a loss to understand why. Its latest quarterly bulletin says that since the onset of the 2007-08 financial crisis, labour productivity ...
Bank of England launches cyber crime unit
June 10th, 2014
The Bank of England (BoE), ahs announced that it has launched a new framework to help identify areas where the financial sector could be vulnerable to sophisticated cyber-attack. This is part of the Bank of England’s response to the ...
Bank of England maintains key rate at 0.50%
June 5th, 2014
The Bank of England (BoE) decided to maintain its Bank Rate at 0.5% after a meeting held today following the decision of the Bank of England’s Monetary Policy Committee. The Committee also voted to maintain the stock of purchased assets financed ...
Bank of England on bank rate
April 10th, 2014
The Bank of England’s Monetary Policy Committee at its meeting on 9 April voted to maintain Bank Rate at 0.5%. The Committee also voted to maintain the stock of purchased assets financed by the issuance of central bank reserves ...
Bank of England announces expansion of eligibility of securities guaranteed by UKEF as collateral in the Bank’s facilities
April 8th, 2014
The Bank of England announces the following: UK Export Finance-guaranteed debt capital market notes issued under pro forma documentation and processes that have been agreed between UKEF and the Bank of England will be eligible for the Bank of ...
