Home
> Bank of England
Bank of England
BoE Keeps Rates at Record Low in Sir Mervyn King's MPC Meeting
King presided over his 193rd and final MPC meeting and makes way for Mark Carney
Whitehall Concerns over BoE Appointment of ex-LSE CEO Clara Furse
Furse also on Fortis’ board when it was bailed out following disastrous ABN Amro takeover.
UK Service Sector Soars as 'All Cylinders Now Firing' in Economy
Markit/CIPS PMI data shows forecast-beating service sector bounce in May as figures suggest UK recovery in sight.
UK Construction Sector 'Pulled out of Tailspin' as Housebuilding Kickstarts
Markit PMI data for May shows construction sector output rising at fastest pace for two years.
RBS Lends £1bn Despite FLS Net Lending Shortfall
State-owned RBS boasts of lending growth to consumers and SMEs following Bank of England's Funding for Lending Scheme.
UK FLS: Bank Lending Drops £300m Despite Billions Siphoned By Lenders
Bank of England's Funding for Lending Scheme data shows first quarter decline despite banks raking in available cash.
Bank Lending to Britain's Small Businesses Tumbles by £700m
Bank of England data shows fall in SME business lending despite support from credit easing schemes such as FLS.
UK House Prices See Biggest Annual Rise Since November 2011
Nationwide's house price index shows government credit easing schemes - such as Help to Buy - is boosting demand and prices
SME Finance: Small Firms Unaware of UK Treasury Credit Easing Schemes
BDRC Continental's SME Finance Monitor shows almost two thirds of SMEs unaware of Funding for Lending Scheme.
OECD Cuts UK Growth Forecast But Backs George Osborne's Austerity Drive
OECD says UK Chancellor's public spending cuts programme is "appropriate" despite waning economic outlook.
RBS Claims SMEs Reject £5.4bn in Potential Contracts and Financing
RBS-owned Lombard research says a third of UK companies are turning down orders rather than investing in new equipment
Vince Cable: UK's Biggest Banks Talk 'Absolute Nonsense' on SME Lending Demand
UK Business secretary tells IBTimes UK that Britain's biggest banks are lying and challenger banks will boost lending
More UK Wages Misery As April Pay Awards Drop
Pay awards in three months to April decline as inflation continues to oupace wage growth - XpertHR.
New Blow for Osborne as IMF Warns Austerity is Stunting UK Economy
IMF concludes UK visit by warning George Osborne: 'Slow growth could permanently damage medium-term growth prospects.'
UK Economic Optimism Stays on as Business Conditions Improve
Housing market activity, manufacturing output and employment intentions have improved, according to the agents.
UK Deficit Drop Bolsters Chancellor George Osborne
ONS data shows deficit falling faster than forecast by Office for Budget Responsibility.
Mervyn King Fails in MPC Vote to Extend Asset Buyback to £400bn
Bank of England's top policy makers stay away from raising asset purchase programme citing inflation concerns.
UK Inflation at Seven-Month Low Driven Down by Fuel Prices
April's CPI inflation reading drops to 2.4% from March's 2.8%, reports ONS.
India and China Envisage Economic Corridor to Boost Bilateral Trade
India and China have signed eight agreements on the second day of Premier Li Keqiang's visit.
Most European Markets Gain on Positive Global Growth Outlook
European markets follow the Asian peers and rise in early trades.
London Housing Average Asking Prices Breach £500,000 Level for First Time
Rightmove data shows asking price for property outside capital rises just 2.1% to £249,841.
Mark Carney's Bank of England 'More Independent than Under Mervyn King'
Amit Kara, UBS European economist, tells IBTimes UK about BoE's future under Mark Carney.
BBA's Simon Hills: Mark Carney Should Stop BoE's Gilt Purchases
British Bankers' Association's executive director says that Carney should buy "real economy assets," such as securitised SME loans.
Mark Carney 'will Start BoE Governorship with Mistakes'
UBS economist Amit Kara tells ACCA debate that Mark Carney's Bank of England will get off to bad start in July.
Occupy Economics: Break up UK Banks or Risk Another Financial Crisis
Occupy movement launches new campaign to break up 'too big to fail' banks in London's Canary Wharf.
RBS To Axe 1,400 Retail Jobs Over Two Years
RBS reveals job losses are a result of restructuring its Retail head office functions in the UK
Bank of England Upgrades UK Growth Outlook
Britain's central bank sees brighter growth outlook and faster fall in inflation.
Eurozone Enters Longest Ever Recession [VIDEO]
Economy shrinks for the sixth straight quarter at the start of this year
UK Jobless Rate Hits Lowest Level Since April 2011
In the latest sign of an economic recovery, number of Britons claiming unemployment benefit dives in April too
BoE's Sir Mervyn King: The Final Countdown to Inflation and Governorship
Bank of England's chief will deliver his last Quarterly Inflation Report before Mark Carney takes office