Bank of England

Get ready for Boris vs the Bank of England

23 July 2019 16:04

Westminster is, naturally, fixated on Boris Johnson and his first speech since his Conservative leadership victory. But it’s just possible…

Is there any point listening to the Bank of England’s growth forecasts?

7 February 2019 17:35

The Bank of England today downgraded its forecast for UK GDP growth in 2019 from 1.7 per cent (a forecast…

Mervyn King: May’s deal is a shameful betrayal of Brexit

4 December 2018 13:43

It’s safe to say that Mervyn King,  former Bank of England governor, does not quite agree with Mark Carney on…

The interest rate rise is better late than never

2 August 2018 15:38

When interest rates were lowered to an ‘emergency’ level of 0.5 per cent in 2009, the market consensus was that…

How ‘safe’ is the Bank of England?

20 July 2018 11:16

‘Safe as the Bank of England.’ So goes the old phrase. And yes, with walls 8ft thick, the Old Lady…

It’s not always true that bosses should walk the plank when something goes wrong

15 June 2018 12:16

Should he stay or should he go — or will he already have gone by the time you read this?…

Is Carney’s growth forecast anything to get excited about?

8 February 2018 15:45

It is really worth bothering with Mark Carney’s upgrading of the Bank of England’s growth forecast for 2018 from 1.5…

The interest rate rise is a tiptoe back towards the economic normality we have almost forgotten

2 November 2017 16:14

There are occasions when an apparently negative economic indicator is also in some sense positive. September’s 9 per cent drop…

The Bank of England has finally raised interest rates. More, please

2 November 2017 12:57

Finally, interest rates are back on their way up. The Bank of England’s rise today – from 0.25 per cent…

Capitalism is the best system, but it has been undermined by Quantitative Easing

28 September 2017 18:16

The Prime Minister spoke today at the Bank of England to celebrate its 20 years of independence. But she has…

The Bank of England can’t remain in its ‘Brexit’ parallel universe forever

15 September 2017 12:04

House prices are in freefall. Unemployment is rising relentlessly. The pound is plunging on the markets, and companies are re-locating…

Bank of England: inflation blip is ‘entirely’ temporary

3 August 2017 16:54

Although Mark Carney has earned a reputation for doom-mongering over Brexit, today’s Bank of England press conference wasn’t all doom and…

Mark Carney’s gospel: give us an interest rate rise, Lord – but not yet

3 August 2017 15:05

Is there anything more predictable than a Mark Carney press conference? The poor sod in Groundhog Day got to enjoy…

Jane Austen finds a surprising fan in the Bank of England’s Mark Carney

20 July 2017 12:32

Winchester Cathedral, where Jane Austen was laid to rest 200 years ago this week, was the venue chosen for the…

Would Jane Austen be amused or bemused by her £10 note quotation?

18 July 2017 14:55

So, the new tenner has been unveiled today. Two centuries after her death, Jane Austen replaces Charles Darwin, who has…

Let’s stop blaming Brexit for higher inflation

13 June 2017 12:28

No time has been lost in blaming Brexit for today’s rise in the Consumer Prices Index (CPI) to 2.9 per cent.…

Mark Carney falls victim to a hoax

24 May 2017 10:47

For weeks now, an email hoaxer has been trying to catch bank officials out online. After the prankster tricked Barclays…

Is the Bank of England a Libor-manipulating villain?

10 April 2017 19:38

The BBC made much this week of a recording, from 2008, of one Barclays manager instructing another to submit artificially…

Are we heading for another credit-fuelled debt crisis? New figures show household debt at record high

30 March 2017 12:09

The Bank of England is concerned that banks and building societies may have made it too easy to borrow money…

Too many Hoggs spoil it for Charlotte

18 March 2017 10:00

Charlotte Hogg forgot to tell the Bank of England, of which she had been appointed deputy governor, that her brother…