Bank of England (BoE)

Can central banks go broke?

Central banks can go broke and have done so historically, Willem Buiter, a former member of the Bank of England's Monetary Policy Committee now a professor at the London School of Economics, states in a new research paper.

King readies pen as BoE predicts prices to soar

Mervyn King acknowledged on Wednesday that he would almost certainly need to write at least one letter to the British chancellor in the coming months explaining why inflation is more than a percentage point above the Bank of England's target.

A book launch to remember

One of those events that London does so well took place Thursday, 1 May, at the London School of Economics (LSE) where there was a short debate and a longer drinks party to launch 'Global Financial Regulation - The Essential Guide', written by Howard…

BoE: the worst is over

Financial conditions are set to improve in the coming months as investors recognise that prices in credit markets now overestimate risk, the Bank of England said on Thursday.

UK counterfeit seizures fall for 3rd straight year

The number of counterfeit banknotes in circulation confiscated by the British authorities plummeted by almost a quarter last year. The total face value of counterfeit notes found also fell by a similar degree.

Probe into rumour-mongering widens

The Financial Services Authority (FSA) in Britain is teaming up with other financial services watchdogs as part of an expanding investigation into allegations of market abuses surrounding sudden drops in the share prices of financial institutions.

Sentance: pound matters for monetary policy

The weakening pound is adding to the upward pressures on costs and prices from global markets, said Andrew Sentance, a member of the Bank of England's rate-setting committee, in a speech to the Confederation of British Industry.

BoE must remain focused on inflation

Monetary policy in the UK ought to remain focused on achieving price stability as defined by the inflation target, Tim Besley, a member of the Bank of England's rate-setting committee, has said.

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