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Bank Of England

The Devil

Financial Markets

Sir Mervyn King: Don't Demonise Bankers

The outgoing governor of the Bank of England has called on the British people not to "demonise" bankers for the financial crisis.

Mervyn King

Economics

Bank of England More Upbeat on UK Economy

The Bank of England signalled modestly higher growth this year and a faster fall in inflation, as the governor Sir Mervyn King took a swipe at proposals for a Europe-wide financial transaction tax.

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Financial Markets

Bloomberg Criticised By Bank of England Over Data Monitoring

The Bank of England has called the data snooping activities at financial news agency Bloomberg 'reprehensible'.

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Mark Carney

Economics

Mark Carney: UK Is A 'Crisis Country' Along With The Eurozone and Japan

Crisis, what crisis ?

George Osborne Speaks

Economics

UK Unemployment Rise Adds To Pressure On Osborne's Austerity Strategy

Unemployment jumped by 70,000 in the three months to the end of February, amid the lowest growth in pay rises since 2001, as pressure mounts on George Osborne to adopt a more aggressive growth strategy.

George Osborne Close Up

Economics

George Osborne Should Ease Off On Austerity, IMF Warns

George Osborne has been told by the International Monetary Fund to rethink the pace of his deficit reduction plan after the Washington based institution cut its forecast for UK growth in both 2013 and 2014.

Hot Air Balloon

Economics

UK Inflation Sticks At Highest Level Since May 2012

The rate of inflation stayed at its highest level for almost a year in March, keeping up the squeeze on consumers.

Ben Bernanke

Economics

Quantitative Easing Should Be Used To Write Off Government Debt

Professor Michael Woodford of Columbia University says governments shouldn't create money and give it to the banks as quantitative easing.

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Financial Markets

UK Prudential Regulation Authority Urged To Rein-In Banks' Proprietary Trading

The Bank of England is under pressure from parliamentarians to crack down on banks that use their own money to take potentially risky bets on the financial markets.

Mervyn King

EconomicsFinancial Markets

Financial Crisis Far From Over, Says Outgoing Bank of England Chief

Sir Mervyn King warned last night that the global financial crisis is "far from over" and that fundamental changes are needed to the international system before confidence can be regained.

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