Gone are the days when the governor of the Bank of England was a one-club golfer, equipped only with interest rate. Mark Carney has a full set of custom-made gear to prevent the UK from veering off the fairway and into the deep rough.
After years of denial central banks are finally coming around to recognise that they must take responsibility for asset bubbles that can wreak economic havoc.
Looking back, it was easy to see that the crash was coming.
Letters written by or on behalf of prisoners convicted of forging bank notes in the late 18th and 19th century, released by the Bank of England, paint a heartbreaking picture of those awaiting death or exile to Australia.
Three pieces of evidence emerged about the UK economy on Tuesday.
Major investors could face huge losses if they continue to be complacent about the impact of rising interest rates on their riskier trades, the Bank of England's financial policy committee has warned.
The Bank of England has said it is poised to take fresh steps to slow down Britain's housing market if the pickup in prices and mortgage demand threatens a new property bubble.
U.K. inflation sunk to its lowest level in more than 4 years in February, dipping further below the Bank of England's 2 percent target, as fuel prices fell.
Chancellor George Osborne has appointed a respected female economist as a Bank of England deputy governor, ending four years of an all-male interest-rate setting committee.
As the bank of England announced two new deputy governors, former Bank of England policy-maker Adam Posen criticizes the U.K. central bank's values.
"Banks don't have to beat the market to make money. They just have to beat their customers."
Barclays will begin to hand out bonuses on Friday to its 140,000 staff around the world from a bonus pool expected to be bigger than last year's.
The governor of the Bank of England has issued a blunt warning to potential home-owners that they must be able to pay their mortgages when interest rates go up and not rely on being bailed out of any future difficulties by rising house prices.