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.
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 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 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.
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.
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.
The City broadly welcomed the appointment of Andrew Bailey to the governor job at the Bank of England.
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, the head of the Financial Conduct Authority (FCA), has been announced as the next governor of the Bank of England.
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.
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.
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.
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.
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.
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 has launched a scathing attack on cryptocurrencies such as Bitcoin.
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 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.
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 to raise interest rates grew louder yesterday after Bank of England (BoE) policy makers edged closer to a rise this month.
Bank Of England governor Mark Carney has said that a currency union with an independent Scotland would be "incompatible with sovereignty".
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.
Alex Salmond has clashed with opposition leaders over the intervention of Bank of England Governor Mark Carney in the independence debate.
The governor of the Bank of England has admitted that contingency plans are in place for a Yes vote in next month's referendum.