Home
> Bank of England
Bank of England
Brexit economic experts are like medieval doctors with leeches - pseudoscience to trick the layman
Mark Carney and City economists prophesied a 'technical recession' but Britain has grown faster since the vote.
BoE chief economist warns of crisis in public faith over false Brexit downturn predictions
Andrew Haldane says economic modelling must adapt to regain public's trust.
UK consumer credit grows at fastest pace in 11 years despite Brexit fears
Consumer credit jumps by £1.9bn, beating £1.6bn expectations, while mortgage approvals fall slightly below forecast.
London house price growth lags behind UK for the first time since 2008
Buyers in the capital struggle to afford ever higher house prices in London compared to the rest of Britain.
FX outlook 2017: What does next year have in store for the pound and will we see euro/dollar parity?
The pound slumped and dollar spiked over 2016, so what can we expect from forex markets over the next 12 months?
Bank of England holds interest rate at 0.25%, maintains stimulus levels
In line with market expectations, the UK's central bank decides to maintain its asset purchase programme and interest rates at previous level.
FX Focus: Pound dips below €1.19 as investors await Federal Reserve rate hike
Dollar lower across the board ahead of Fed meeting, which is expected to confirm a first rate hike in 12 months.
UK economy will end 2016 'with the G7's fastest growth' predicts services sector survey
It comes as Bank of England governor Mark Carney warned of a 'lost decade' of economic growth.
Should we abolish stamp duty on house purchases and replace it with a yearly tax on property owners?
Many economists argue stamp duty makes the housing market less efficient and should be replaced.
UK manufacturers expect modest recovery in 2017
Manufacturers report positive output and new orders for the first time in 18 months.
Cambridge vegetarian café refuses to accept new £5 notes in animal-fat scandal
'Our whole business is based around not having anything like that on the premises.'
Bank of England in talks with its currency supplier Innovia to make the £5 note meat-free
The BoE announcement follows a demand by vegetarians to scrap the new note as it contains animal fat.
FX Focus: Pound edges lower as investors focus on Opec meeting
Euro trades mixed after Eurozone inflation rises in line with expectations to hit the highest level in over two years.
Carney says UK remains the 'investment banker for Europe', but wants clarity over Brexit
Bank of England governor says British businesses need clarity as soon as possible over Brexit outcome.
RBS must bolster its financial strength after failing Bank of England stress test
Barclays and Standard Chartered fall short but will not have to increase capital strength.
Vegetarians call for new £5 note to be scrapped because of animal fat content
A petition demanding the Bank of England replace the note is signed 75,000 times in one day.
UK consumer credit grows at fastest pace since 2005 as Britain's economy remains resilient
Bank of England figures show demand remains resilient but rising inflation and weak pound pose threat.
Mortgage approvals rise despite property market concerns
Home loan data from the Bank of England shows stability in the housing market.
FX Focus: Pound declines against dollar and euro ahead of economic data
Dollar pauses for breath as investors cash in profits, while euro remains stable ahead of Italian referendum.
BoE's Mark Carney in secret talks to keep the UK in single market until 2021
Brexiteers reject plan and claim it will only complicate the Brexit process.
Bank of England's Kristin Forbes says Brexit has had less-than-expected impact on UK growth
However, effects of heightened uncertainty may be felt by the economy in the coming months, she warned.
Ed Balls says the Bank of England's independence should be reined in
The former shadow Chancellor said central banks are facing waves of popular discontent around the world.
UK retail sales grow at fastest pace for 14 years in October
Retail sales increase 7.4% in October, as average store prices fall across the board apart from petrol stations.
FX Focus: Dollar index hits 14-year high amid increased expectations for Fed rate hike
Pound slides against dollar but remains above €1.16 against the euro after mixed unemployment data.
The UK has a new inflation measure, but what will change from the current one?
From March 2017, the ONS will measure inflation based on CPIH index rather than the current CPI gauge.
UK household squeeze yet to materialise as inflation falls short of October forecast
Decline in costs of clothing and university tuition fees kept inflation below 1% says ONS.
Bank of England gives UK banks two more years to meet capital requirements
Bank of England's new rules are aimed at bolstering banks' cash reserves to avoid another state-funded bailout.
FX Focus: Pound climbs above $1.25 for the first time since early October
Pound hits four-week high against dollar as US currency suffers from pre-elections concerns.
FX Focus: Bank of England and Article 50 ruling drive pound to three-week high
Bank of England raises growth forecast for 2017 after High Court rules Parliament must vote on Article 50.
Bank of England reverses gloomy economic forecasts published prior to Brexit vote
UK central bank held interest rates at 0.25% in line with market expectations and raised growth forecast for 2017.