Bank of England


  • Carney Must Fix Access to Finance: Expert   Tuesday, 2 Jul 2013 | 2:30 AM ET
     Carney Must Fix Access to Finance: Expert

    John Longworth, director general of the British Chamber of Commerce, tells CNBC that the most important message for new Bank of England Governor, Mark Carney, is to 'sort out access to finance'.

  • Does the UK Need BoE Forward Guidance?   Monday, 1 Jul 2013 | 2:30 AM ET
    Does the UK Need BoE Forward Guidance?

    George Buckley, chief U.K. economist at Deutsche Bank, doubts the usefulness of forward guidance in the U.K. and highlights that Mark Carney would have to convince the other members of the Bank of England's Monetary Policy Committee.

  • Is Forward Guidance Carney's Greatest Tool?   Monday, 1 Jul 2013 | 1:45 AM ET
    Is Forward Guidance Carney's Greatest Tool?

    Zachary Latif, managing director at TLG Capital, discusses Carney's leadership at the Bank of England and thinks the main difference with his predecessor will be greater use of forward guidance.

  • EU Data Is 'Getting Better': Pro   Thursday, 27 Jun 2013 | 7:00 PM ET
    EU Data Is 'Getting Better': Pro

    Alan Clarke, director of fixed income, strategy, global banking and markets at Scotiabank, discusses macro data, the Bank of England and ECB's upcoming rate decisions as well as Fed tapering.

  • Spending Review Unsurprising: Pro   Wednesday, 26 Jun 2013 | 11:00 AM ET
    Spending Review Unsurprising: Pro

    John Authers, senior investment columnist at the Financial Times, says the Chancellor's spending review was more political than financial, and highlights the importance of the Bank of England's change of leadership.

  • Turning Off the Liquidity Tap   Wednesday, 26 Jun 2013 | 12:50 AM ET
    Turning Off the Liquidity Tap

    Michael Hewson, Senior Market Analyst at CMC Markets says investors will have to focus on macro fundamentals of company's balance sheets as markets now face a much more limited stimulus program ahead.

  • BoE's King: Markets Have Jumped Gun on Interest Rates Tuesday, 25 Jun 2013 | 8:42 AM ET
    Mervyn King, Governor of the Bank of England

    Outgoing Bank of England Governor Mervyn King said that markets have "jumped the gun" about when central banks are likely to start raising interest rates.

  • BoE's King Had 'a Series of Misjudgements'   Wednesday, 19 Jun 2013 | 5:21 AM ET
    BoE's King Had 'a Series of Misjudgements'

    Adam Posen, president of the Peterson Institute for International Economics, talks about Mervyn King's crisis management, where they disagreed and what's awaiting Mark Carney.

  • 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
    UK Growth Is 'Gathering Momentum': Pro

    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
    Is the UK Growing Because of 'Fresh Bubbles'?

    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
    Why the UK Needs Private Sector Investment

    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
    Sir Mervyn King and the Financial Crisis

    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
    We Must 'Exercise Judgement': CTSC Chair

    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
     Mervyn King Should Have 'Shouted Louder'

    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
    PMI 'Supportive' of Sterling: Pro

    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.