Mark Carney to advise PM for UN climate talks
Outgoing Bank of England governor Mark Carney has been given a key role as an adviser to Boris Johnson for major UN climate talks in the UK this year.
Mark Carney
EU will not be rushed into striking a Brexit deal – Coveney
Passing law to prevent the extension of Brexit negotiations will not force the EU to rush into a deal, Ireland’s deputy premier has warned.
Bank could take prompt action if economy fails to pick up, says Carney
Bank of England boss Mark Carney has said policymakers are mulling over the possibility of an interest rate cut, and stressed action would be “prompt” if the economy remains under pressure.
Nearly 50m plastic banknotes replaced since launch, figures reveal
Nearly 50 million plastic £5 and £10 notes have had to be replaced since they were launched by the Bank of England due to wear and damage, according to new figures.
Carney spent almost £100,000 on final Governors’ Day party
The Bank of England’s outgoing boss Mark Carney spent nearly £100,000 on a summer bash for staff in his last Governors’ Day party before handing over the reins.
Carney warns firms’ assets could become worthless if climate crisis not realised
The outgoing governor of the Bank of England has warned firms that their assets could become “worthless” if they do not wake up to the climate crisis.
Andrew Bailey appointed Bank of England governor – here’s how the City reacted
The City broadly welcomed the appointment of Andrew Bailey to the governor job at the Bank of England.
Andrew Bailey is the new Bank governor – but what does a governor do?
Andrew Bailey becomes the 121st man – there has yet to be a woman – to take over at the Bank of England since it was founded in 1694.
Andrew Bailey named next governor of the Bank of England
Andrew Bailey, the head of the Financial Conduct Authority (FCA), has been announced as the next governor of the Bank of England.
Bank of England’s new governor expected to be announced
Andrew Bailey, the head of the Financial Conduct Authority, is set to be announced as the next governor of the Bank of England, it has been reported.
Bank keeps rates on hold but cut still on cards as growth weakens
The Bank of England has held interest rates at 0.75% but kept the door firmly open to a cut if Brexit uncertainties and global growth fears do not let up.
Bank forecast to hold rates at 0.75% despite growth grinding to a halt
The Bank of England is expected to keep interest rates unchanged on Thursday in its first meeting since Boris Johnson’s election victory, despite growth flat-lining in Britain’s Brexit-battered economy.
Bank of England to test banks and insurers for climate change readiness
Britain’s biggest banks and insurers will be tested on a range of climate change scenarios to find any cracks in their preparations for global warming.
Bank of England mulls changes to fund withdrawals
Open-ended funds that allow investors to cash out quickly could face tougher new rules under suggestions brought forward by the Bank of England and the Financial Conduct Authority (FCA) after a series of high-profile missteps in the sector.
Carney says rate cuts will be considered if political turmoil continues
Bank of England boss Mark Carney has said interest rates may need to be slashed if global and Brexit headwinds do not ease.
Bank of England governor Mark Carney lashes out at virtual currencies
Bank of England Governor Mark Carney has launched a scathing attack on cryptocurrencies such as Bitcoin.
Inflation surge tightens squeeze on households
Inflation unexpectedly jumped to a near six-year high last month, forcing the Bank of England to explain to the chancellor how it will tackle Britain’s surging inflation.
Interest rates raised by 0.25% to tackle inflation
Interest rates have been hiked for the first time in more than 10 years and the Bank of England signalled more “gradual” increases are on the way to cool surging inflation.
Bank of England told North Sea “demise” is wrong
The Governor of the Bank of England Mark Carney has been advised that “tales of the North Sea’s demise are wrong” – although the oil and gas sector faces tough challenges in the wake of low prices.
Calls for interest rates rise get louder
Calls to raise interest rates grew louder yesterday after Bank of England (BoE) policy makers edged closer to a rise this month.
Scottish independence: Bank chief deals blow to SNP pound plan
Bank Of England governor Mark Carney has said that a currency union with an independent Scotland would be "incompatible with sovereignty".
Scottish Government “slapped down” over currency talks claims
The Scottish Government's claims it has had talks with the Bank of England (BoE) over currency proposals for an independent Scotland were rejected last night.
Salmond clashes with opposition leaders over Carney’s comments
Alex Salmond has clashed with opposition leaders over the intervention of Bank of England Governor Mark Carney in the independence debate.
Bank of England has plans for Yes vote
The governor of the Bank of England has admitted that contingency plans are in place for a Yes vote in next month's referendum.