Bank of England

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…

Charlotte Hogg didn’t know what her brother did at Barclays. Why would she?

14 March 2017 19:02

It’s too late now, but I didn’t feel Charlotte Hogg made enough of her defence that until recently she didn’t…

The Bank of England is (slowly) overcoming its Brexophobia

2 February 2017 13:32

It has been clear for some time that the pre-referendum warnings made by Bank of England governor Mark Carney were…

Mark Carney strikes a different tone on Brexit

11 January 2017 17:17

Mark Carney made himself some enemies during the referendum. It wasn’t only his gloomy prophecies that caused trouble. His willingness…

Economists called Brexit wrong, but so did the Bank of England

6 January 2017 10:37

As confessions go, it was hardly the most revelatory. Cheryl Fernandez-Versini admits she has problems with relationships. Sir Philip Green…

The Bank of England needs to pay more mind to the hard-pressed

28 December 2016 10:00

When the Bank of England is not indulging employees with the kind of taxpayer-funded hospitality that would make a bailed-out…

Don’t panic, Jacob Rees-Mogg will never replace Mark Carney

5 November 2016 12:00

For Mark Carney to have returned to-Canada after five years as Governor, as he originally planned, rather than serving until…

The Bank of England made a mistake. It should have admitted it

3 November 2016 12:34

The currency has been devalued by more than 30 per cent. Interest rates have been pushed all the way up…

What the papers say: The ‘posturing governor’ stays put

1 November 2016 10:06

Mark Carney’s decision to stay on as Bank of England Governor until 2019 has been widely welcomed. But not everyone is…

Mark Carney reveals his personal Brexit plan

31 October 2016 19:42

After days of speculation – and months of simmering tensions – over the Governor of the Bank of England’s future,…

The markets couldn’t care less whether Mark Carney stays or goes – and neither should we

31 October 2016 12:07

A crash in the pound, with sterling trading down at $1.15, and heading to parity. A spike in gilts, and…

It’s time for Mark Carney to go

22 October 2016 13:10

Oh dear. Mark Carney is irritated. His proud independence has been challenged. The Prime Minister had the temerity to admit…

Have our thin-skinned times killed off satire for good?

20 October 2016 13:43

Is satire dying? Zoe Williams asks in the Guardian whether the shrinking of permissible speech is killing comedy. To make her point,…

Don’t listen to the doom-mongers: A rise in inflation isn’t some kind of crisis

18 October 2016 12:10

It takes quite a determined Cassandra to see the rise in Consumer Prices Index (CPI) from 0.6 per cent in…

Sending shockwaves around the world’s currency markets with Mark Carney

5 October 2016 12:04

If only all my stories had as much impact. My interview with Mark Carney, the Governor of the Bank of…