Bank of England

The Bank of England has just taken a huge risk – on a Brexit boom

4 August 2016 16:00

Plunging output. The FTSE in freefall. A financial collapse. Unemployment rising rapidly and trade falling off a cliff. At first…

‘Stimulus now’: Bank of England cuts interest rate down to 0.25pc

4 August 2016 12:06

As expected, the Bank of England has cut base interest rates down to 0.25 per cent- the first movement since…

Money digest: Britain braced for ‘Super Thursday’ interest rate cut

1 August 2016 10:44

Britain’s financial status could be downgraded this week amid reports the Bank of England will cut interest rates on Thursday. The…

Bank of England holds the base rate at 0.5 per cent

14 July 2016 12:10

So, the Bank of England didn’t do it: against market expectations that there would be a cut, the base rate…

Will Mark Carney Brexit by Christmas?

13 July 2016 12:49

Critics say the Bank of England put itself under suspicion by entering the referendum fray. Now Mark Carney says its…

Mark Carney clashes with Jacob Rees-Mogg over BoE’s Brexit warnings

12 July 2016 13:12

Jacob Rees-Mogg and Mark Carney’s clash at this morning’s Treasury Committee was a masterclass in passive aggressiveness veiled in pleases…

Mark Carney should admit that the Bank of England fell for Project Fear

5 July 2016 12:53

A stable government, led by a good-looking modernising liberal. A free trade agreement that gives it unrestricted access to the…

Mark Carney uses interest rate decision to put the boot in over Brexit again

16 June 2016 12:36

The Bank of England’s decision to keep interest rates pegged at 0.5 per cent won’t surprise anyone. What is more…

Bank of England Brexit bust-up shows the referendum campaign is getting nastier

16 June 2016 9:21

With a week to go until the referendum, nerves are running high in both the ‘Leave’ and ‘Remain’ campaigns. This…

The IMF serves up more Project Fear – and it’s working

13 May 2016 13:18

Another day, another warning about the economic bombshell which would follow Brexit. This time it’s the turn of the IMF.…

Mark Carney isn’t butting out of the Brexit debate any time soon

12 May 2016 13:21

The Bank of England isn’t going to butt out of the Brexit debate any time soon it seems. Today’s interest…

Mark Carney wades into Brexit debate again

19 April 2016 16:58

Whatever might be said about the Governor of the Bank of England, it’s hard to fault his persistence. Mark Carney…

The Bank of England should butt out of the Brexit debate

14 April 2016 12:54

Unelected. Technocratic. Exercising a great deal of power over people’s lives, without much in the way of accountability. Staffed by…

Unemployment falls – but so does pay growth

20 January 2016 13:23

The unemployment rate fell to 5.1 per cent in the three months to November, putting it at the lowest level…

Mark Carney abandons even a hint of interest rate rise. Is Britain trapped in the zero era?

19 January 2016 15:20

It’s just as well that Mark Carney is Bank of England governor: he’d have made a lousy forecaster. In August 2013 he…

George Osborne has made his own ‘dangerous cocktail’ of economic risk

7 January 2016 12:54

When David Cameron said this week that he is worried his children would not be able to afford to buy…

Mark Carney must avoid becoming the Tony Blair of central banking

5 November 2015 12:05

Just about anyone, except it seems for the Bank of England’s forecasting department, could have seen this one coming. When…

The real ‘Super Thursday’ will be when interest rates rise

6 August 2015 12:23

Turn-up. Eat lunch. Swap a few pleasantries with the other people in the room, leave interest rates on hold, and…

The City might miss stroppy regulator Martin Wheatley

21 July 2015 16:59

A City insider at last month’s Mansion House dinner told me the Financial Conduct Authority had become ‘a bit of an…

People are avoiding retirement because of low interest rates. Who can blame them?

14 May 2015 17:11

‘Bank of England says that migrants are holding down wages’ the headlines screamed this morning. Yet Mark Carney, when interviewed…