Bank of England


  • BoE's Tucker to Quit After Losing Out to Carney Friday, 14 Jun 2013 | 12:01 PM ET

    Bank of England Deputy Governor Paul Tucker will stand down later this year, giving the Canadian an early chance to start reshaping the BoE's upper echelons.

  • UK Growth Is 'Gathering Momentum': Pro  Tuesday, 11 Jun 2013 | 4:31 AM ET

    Chris Williamson, chief economist at Markit, says the U.K. is "gathering momentum" following the release of manufacturing and industrial output numbers and expects GDP to reach 0.5% in the current quarter.

  • BoE Hold Rates as Mervyn King Bids Farewell Thursday, 6 Jun 2013 | 7:55 AM ET
    Mervyn King

    The Bank of England voted to keep benchmark interest rates unchanged at 0.5 percent, at Mervyn King's final policy meeting as Governor.

  • Is the UK Growing Because of 'Fresh Bubbles'?  Thursday, 6 Jun 2013 | 6:00 AM ET

    Allister Heath, editor at City AM, highlights that the BoE's voting system could make it harder for Mark Carney to make changes and says the recent data proves that "it's an important moment" for the U.K.'s economy.

  • Why the UK Needs Private Sector Investment  Thursday, 6 Jun 2013 | 6:00 AM ET

    Andrew Lilico, director and principal at Europe Economics and Jonathan Portes, director of NIESR, say the U.K. doesn't need any more monetary stimulus and discuss alternative ways to boost the economy.

  • Sir Mervyn King and the Financial Crisis  Thursday, 6 Jun 2013 | 4:30 AM ET

    CNBC's Tom Mackenzie, looks back on Sir Mervyn King's career at the Bank of England and his role during the financial crisis.

  • Lack of Judgement to Blame for Crisis: CTSC Chair  Thursday, 6 Jun 2013 | 4:30 AM ET

    Lord John McFall, former labour minister and chair of the Commons Treasury Select Committee, says the "financial architecture" is not to blame for the crisis but the lack of "engagement" and "judgment" by individuals is.

  • Was BoE's Mervyn King a Tyrant?  Thursday, 6 Jun 2013 | 2:56 AM ET

    Charles Goodhart, a close colleague of outgoing Bank of England Governor, Mervyn King, tells CNBC that he was not a tyrant but a perfectionist.

  • Mervyn King Should Have 'Shouted Louder'  Thursday, 6 Jun 2013 | 2:30 AM ET

    Charles Goodhart, a former member of the Bank of England's Monetary Policy Committee, says outgoing governor, Mervyn King, should have "shouted louder" about the dangers brewing in the banking sector.

  • PMI 'Supportive' of Sterling: Pro  Wednesday, 5 Jun 2013 | 4:30 AM ET

    Steven Saywell, European head of FX strategy at BNP Paribas, discusses sterling following better-than-expected services PMI and whether central bank stimulus has peaked in the U.K.

  • Europe Woes Ease But Euro Zone Growth 'Some Way Off' Wednesday, 5 Jun 2013 | 4:29 AM ET

    Europe's economic woes eased slightly last month, but a chronic shortage of new orders means an economic recovery in the euro zone still looks some way off.

  • Mervyn King's Next Move: Learn to Dance  Monday, 3 Jun 2013 | 1:15 AM ET

    Outgoing Bank of England governor Mervyn King says he regrets putting his career before his personal life, speaking on the BBC's Desert Island Discs he also revealed he will now take a 'grey gap year' and learn how to dance.

  • Worst Thing Carney Can Do Is More QE: Economist  Friday, 31 May 2013 | 1:30 AM ET

    David Kern, chief economist at the British Chambers of Commerce, tells CNBC why the worst thing, incoming Bank of England governor, Mark Carney can do is more quantitative easing.

  • King's Legacy Overshadowed by Financial Crisis?  Thursday, 30 May 2013 | 7:00 PM ET

    Chris Giles, economics editor at The Financial Times, discusses the upcoming Bank of England interest rate decision, which will be Mervyn King's last.

  • Mervyn King to Appear on Desert Island Discs  Thursday, 30 May 2013 | 3:40 AM ET

    Outgoing Bank of England governor Sir Mervyn King is to appear on BBC Radio 4's Desert Island Discs on Sunday. He will be asked to choose various items he would like to have with him if he was stranded on a desert island.

  • Fed Has Learnt From BoE's Policy: Bullard  Friday, 24 May 2013 | 2:40 AM ET

    James Bullard, president and CEO of St. Louis Federal Reserve Bank, says the Fed has learnt from the Bank of England's "ruled-based" policy but that the on "forward guidance", it hasn't been as good as the Fed.

  • Still Case for 'Easy Monetary Policy': BoE Member  Thursday, 23 May 2013 | 5:00 AM ET

    Ben Broadbent, member of the Monetary Policy Committee at the Bank of England, tells CNBC they are not pre-committed to any particular path at the Bank of England and there's still a case for having extremely easy monetary policy.

  • Japan in Big 'Monetary Experiment': BoE Member  Thursday, 23 May 2013 | 4:55 AM ET

    Ben Broadbent, member of the Monetary Policy Committee at the Bank of England, tells CNBC that Japan is in the midst of a big monetary experiment, so volatility in equity and bond markets should be seen in that context.

  • Why Stimulus Tapering Is not on the Cards?  Friday, 17 May 2013 | 3:00 AM ET

    Lothar Mentel, chief investment officer at Tatton Investment, says the weak economic figures and low inflation globally are supportive of further central banks' action.

  • There Is a Modest Recovery in Britain: Pro  Wednesday, 15 May 2013 | 6:00 AM ET

    Bill O'Neill, head of chief investment at Wealth Management Research, UBS, talks to CNBC about the changeover of leadership in the Bank of England and the state of the British economy.