Search Results for: Bank of England
Bank of England publishes details of 2015 stress test for largest UK banks and building societies
March 30th, 2015
Today, the Bank of England is publishing the scenario for the 2015 stress test, which will be applied to the largest UK banks and building societies. The scenario has been agreed by the Financial Policy Committee (FPC) and Prudential ...
European Central Bank and Bank of England announce measures to enhance financial stability
March 30th, 2015
European Central Bank and Bank of England announce measures to enhance financial stability in relation to centrally cleared markets in the EU The European Central Bank (ECB) and the Bank of England (BoE) are today announcing a series of ...
Bank of England shouldn’t cut rates over deflation – Monetary Policy Committee member David Miles
March 26th, 2015
Bank of England Monetary Policy Committee member David Miles has sought to quash fears over deflation, saying any foray into negative territory would be short-lived and shouldn’t lead to rate cuts. Speaking in an interview with the Financial Times, Miles, ...
Bank of England maintains Bank Rate at 0.5% and the size of the Asset Purchase Programme at £375 billion
March 5th, 2015
The Bank of England’s Monetary Policy Committee at its meeting today voted to maintain Bank Rate at 0.5%. The Committee also voted to maintain the stock of purchased assets financed by the issuance of central bank reserves at £375 billion. ...
SFO launches investigation into Bank of England liquidity auctions
March 5th, 2015
It is unclear whether the Bank’s employees are suspected of involvement in any attempt to rig the auctions, used as emergency lending during the credit crisis The Bank of England has, today, issued the following statement: “Following the ...
Bank of England’s forex boss broke rules 20 times
March 4th, 2015
The sacked Bank of England official who failed to tell bosses about the possibility of foreign exchange benchmark manipulation also failed to act properly a score of other times, Mark Carney said yesterday. Martin Mallett lost his job as chief currency ...
Bank of England turns up the heat on accounting firms
March 2nd, 2015
The Bank of England would have the power to fine or ban accounting firms from working in financial services under proposals setting out how the UK central bank’s regulation arm will monitor the accounting industry. The proposals from the ...
Bank of England could issue own digital currency
February 27th, 2015
Like its counterparts in the US, the Bank of England is pondering the implications of issuing its own digital currency. The potential of a central bank-backed digital currency is touched on with the publication of the BofE’s ‘One Bank Research ...
Bank of England maintains Bank Rate at 0.5% and the size of the Asset Purchase Programme at £375 billion
February 5th, 2015
The Bank of England’s Monetary Policy Committee at its meeting today voted to maintain Bank Rate at 0.5%. The Committee also voted to maintain the stock of purchased assets financed by the issuance of central bank reserves at £375 ...
Bank of England maintains Bank Rate at 0.5%
January 9th, 2015
Bank Rate at 0.5% Asset Purchase Programme at £375 billion The Bank of England’s Monetary Policy Committee at its meeting on 08 January 2015 voted to maintain Bank Rate at 0.5%. The Committee also voted to maintain the stock ...
