Bank of England (BoE)

Bank's inner circle and its Outer Mongolia

FEATURE - The Bank of England is the City's Kremlin. From time to time figures appear on the balcony above its windowless walls, and the watchers must try to calculate whose stock is up and who has been posted to Outer Mongolia. There is no doubt that…

Speech by Sushil Wadhwani, Bank of England, 25 Mar

SPEECH - Wadnwani, known as an arch-dove for his views on interest rates has played down the danger of debt in Britain. Speaking to local business leaders in the north of England he also suggested that house prices might not be overvalued. The speech was…

MPC unanimity points to end of easing

UK - The interest-rate easing cycle may finally be over in the U.K. That seems the conclusion to be drawn from the latest set of Monetary Policy Committee meeting minutes, released by the Bank of England Wednesday. In a speech given Tuesday the Bank of…

Speech by David Clementi, Bank of England, 14 Mar

SPEECH - In the speech titled 'A Bank for all Regions: Promoting Monetary and Financial Stability in the United Kingdom' Clementi said that interest rates in the U.K. may stay around present levels for some time to come, given the current uncertain…

BIS-Central bankers see world economy improving

SWITZERLAND - Top central bankers see the world economy's prospects more positive than they did two months ago and expect key interest rates to rise only once a more broad-based recovery has been firmly established, Bank of England Governor Sir Edward…

Give Wadhwani a longer run at Bank

FEATURE - Sushil Wadhwani has denied a stock market rumour that he asked Gordon Brown to keep his seat on the Bank of England's Monetary Policy Committee after his three-year term expires in May.

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