Posts Tagged ‘Bank Of England’

Bank of England and HM Treasury announce extension to the Funding for Lending Scheme

Wednesday, December 3rd, 2014

The Bank of England and HM Treasury have announced a one-year extension to the Funding for Lending Scheme (FLS). This extension will provide lenders with continued certainty over the availability of cheap funding to support lending to small and medium-sized enterprises (SMEs) during 2015, even in the event of stress in bank funding markets. (more…)

Savers: 1% interest rate hike needed to kick start a savings revolution

Tuesday, December 2nd, 2014

Ahead of this week’s interest rate announcement by the Bank of England, savers have said that it would take a minimum one per cent rise to encourage them to save more. (more…)

How valid are the Bank of England’s latest inflation assumptions?

Wednesday, November 19th, 2014

David Absolon, Investment Director at Heartwood Investment Management, on the validity of the Bank of England’s assumptions in its latest Quarterly Inflation Report: (more…)

Financial ‘deglobalization’?: capital flows, banks and the Beatles

Tuesday, November 18th, 2014

Speaking at Queen Mary University, Kristin Forbes discusses how global financial flows have shrunk since the financial crisis, and explores what that means for UK monetary policy. (more…)

Oversight Committee publishes report on role of Bank officials in relation to conduct issues in the foreign exchange market

Wednesday, November 12th, 2014

The Oversight Committee has today published an independent report by Lord Grabiner QC. This follows his investigation into whether, between 2005 and 2013, any Bank of England official was involved in, or aware of, conduct issues in the foreign exchange (FX) market. (more…)

Widening access to the Sterling Monetary Framework: broker-dealers and central counterparties

Wednesday, November 5th, 2014

The Bank of England is today widening access to its Sterling Monetary Framework (SMF) to accept broker-dealers and central counterparties (CCPs).

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Monetary policy one year on – speech by Jon Cunliffe

Wednesday, October 29th, 2014

In a speech to the Cambridge Society for Economic Pluralism. on Tuesday, Jon Cunliffe reviews developments in the UK economy during his first year in office and looks ahead at the judgements and uncertainties faced by the Monetary Policy Committee. (more…)

BOE’s Shafik Needs More Evidence of Upwards Price Pressures Before Raising Rates

Tuesday, October 28th, 2014

According to BOE deputy governor Minouche Shafik, the UK central bank will need more evidence of price pressures and slack in the labor market before considering raising interest rates. (more…)

Bank of England statement on EBA stress test publication

Sunday, October 26th, 2014

The European Banking Authority (EBA) has today published the results of its EU-wide stress test. The 2014 UK stress testing exercise will build on the EU-wide stress test by exploring particular vulnerabilities facing the UK banking system. (more…)

Bank of England sets out how it will resolve failed institutions

Thursday, October 23rd, 2014

The Bank of England is today publishing its approach to resolving a failed bank, building society or investment firm. Resolution is the process by which the authorities can intervene to manage the failure of a firm. (more…)

Monetary policy, asset prices and distribution

Thursday, October 23rd, 2014

Speaking at the Society of Business Economists Annual conference, Ben Broadbent, Deputy Governor for Monetary policy, discusses how to interpret the downward trend in interest rates over the past twenty years. (more…)

Regulatory reform and returns in banking – Jon Cunliffe

Monday, October 20th, 2014

Chatham House conference – Regulatory reform and returns in banking – Speech by Jon Cunliffe, Deputy Governor, Financial Stability (more…)