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Latest Bank of England News

  1. ECB Weighs Rate Cut as Eurozone Economy Struggles

    Wed, 1 May 2013

    is still higher than at other major central banks . The Fed is at 0-0.25 percent Japan at 0-0.1 percent, and the Bank of England at 0.5 percent. ECB president Mario used by the Fed, Bank of Japan, and Bank of England . Quantitative easing, or the purchase

  2. Swiss Central Bank Keeps Some Gold in UK, Canada

    Fri, 26 Apr 2013

    70 percent of the central bank's 1,040 tons of gold is stored in Switzerland, while 20 percent is stashed with the Bank of England and 10 percent with the Bank of Canada. His disclosure in a speech Friday came a week after the Swiss Cabinet announced

  3. Finest Hour: Churchill to Be on UK Bank Note

    Fri, 26 Apr 2013

    controversial: officials say wartime Prime Minister Winston Churchill's portrait will be featured on a new 5-pound note. Bank of England Governor Mervyn King made the announced Friday at Chartwell, Churchill's former home, surrounded by members of the late

  4. Finest Hour: Churchill to Be on UK Bank Note

    Fri, 26 Apr 2013

    officials say wartime Prime Minister Winston Churchill's portrait will be featured on a new 5 pound ($7.7) note. Bank of England Governor Mervyn King made the announced Friday at Chartwell, Churchill's former home, surrounded by members of the late

  5. 5 Things to Know This Morning

    Fri, 26 Apr 2013

    Churchill to Appear on £5 Notes Sir Winston Churchill is to appear on the next five-pound note, the Governor of the Bank of England , Sir Mervyn King, announced today. 5. Boston Donations Surge The Boston bombing victims are facing a rough and expensive

  6. UK in Dark Mood as New Recession May Be Confirmed

    Wed, 24 Apr 2013

    something major for us to get into it," he said. The Bank of England has cut its interest rate to a record low 0.5 percent central bank can do to create jobs. On Wednesday, the Bank of England and the Treasury extended until January 2015 a program to

News

  1. UK in Dark Mood as New Recession May Be Confirmed

    Wed, 24 Apr 2013

    something very, very major to get out of it in the same way as it took something major for us to get into it," he said. The Bank of England has cut interest rates to record lows and pumped money into the financial system in the hope that will encourage banks to

  2. The Global Note: Jolie & Syria's Refugees…Bibi's Warning…Where Is Xi?…Andy Murray & Dunblane's Horror

    Tue, 11 Sep 2012

    at a Foxconn factory in Zhengzhou, in north-central China. BEFORE SCANDAL, DOUBTS OVER LIBOR In a 2008 meeting with Bank of England officials, the head of the British Bankers' Association, Angela Knight, suggested that Libor had become too big for

  3. Higher Food Prices Likely As Drought Worsens

    Tue, 17 Jul 2012

    growth even further next year. More rumbles in the growing fuss over Libor rate fixing. Mervyn King, the governor of the Bank of England , says US authorities did not show him any evidence of rate manipulation when they raised concerns during the 2008 financial

  4. The Global Note: Afghan Friends, Afghan Foes…The "God Particle"…Exhuming Arafat?…Pistorius, Olympian

    Wed, 4 Jul 2012

    of millions of consumers. The Independent suggests the Bank of England may actually be in on the scandal, based on an e-mail impression that manipulating rates was sanctioned by the Bank of England . -NOT SURE HER DAD WILL APPRECIATE THIS...The Guardian

  5. The PAC Pack: The Men Behind the Money Behind the Candidates

    Tue, 31 Jan 2012

    Democratic causes. His hedge fund has holdings of more than $4 billion. He gained notoriety in 1992 by "breaking" the Bank of England , meaning that as the bank raised interest rates on one day, Soros bet on the currency and made $1 billion. That earned

  6. Morning Business Memo

    Mon, 19 Dec 2011

    to reduce the risks of another crisis in the financial sector. The Independent Commission on Banking, chaired by former Bank of England chief economist John Vickers, recommended in September that banks should separate retail activities from investment banking

  7. Dow Jones Industrials Soar on Central Bank Action

    Wed, 30 Nov 2011

    percent, until Feb. 1, 2013. The effort is being coordinated with the European Central Bank, the Bank of Canada, the Bank of England , Bank of Japan, and Swiss National Bank. The Dow Jones industrial average surged 320 points, or 2.8 percent, at 9

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Videos

  1. Markets Up on Possible European Crisis Resolution

    Thu, 29 Sep 2011

    that resonate and increasing and about Paper money found its central banks but don't you back here from the likes the Federal Reserve like the you know the of the Bank of England but not those banks in particular on the banks like in Russia

    Bank of England found at 6:39

    does that resonate and increasing and -- about Paper money found its central banks but don't you back here from the likes the Federal Reserve like the you know the of the Bank of England but not those banks in particular on the -- banks like in Russia and Thailand. -- basically wanted to hold that assets
  2. Futures Start Up, Drop Before Opening Bell

    Thu, 6 Oct 2011

    And we have a lot of news coming out of here today. The Bank of England actually. Added a huge amount of quantitative easing in had ECB's step up and indeed easing. We've had the Bank of England stepped up and do easing you know it is you know Ben Bernanke

    Bank of England found at 2:29, 5:42

    we have a lot of news coming out of here today. The Bank of England actually. Added a huge amount of quantitative easing in their country. I mean to the tune of 75 billion which. In our
    if we had ECB's step up and indeed easing. We've had the Bank of England stepped up and do easing you know it is you know Ben Bernanke next in line yet there He is a mixed
  3. Consumer Price Index Fell and Industrial Production Rose in October

    Wed, 16 Nov 2011

    have to these trends you mentioned the market opened lower. That it's really because some comments coming out of the Bank of England this morning. Very concerned about the state of the year. And fast to have the solution and as we could really see a major

    Bank of England found at 1:50

    opened lower. That it's really because some comments coming out of the Bank of England this morning. Very concerned about the state of the year. And fast to have the solution and as we could really see
  4. Coordinated Effort by Central Banks Boosts Stocks

    Wed, 30 Nov 2011

    effort from many of the world's largest central banks . Joining me now to discuss this story by the Federal Reserve is wells 5 other central banks including the Bank of Canada. Bank of England the European Central Bank Swiss National

    Bank of England found at 0:28

    to do with the coordinated effort from many of the world's largest central banks . Joining me now to discuss this story as well as all the other business headlines is Cali Carlin from Bloomberg TV -- good morning thanks much for joining us. Good morning Stephanie you're right this rally definitely driven by breaking news. And what this is being called is emergency dollar funding this effort by the Federal Reserve is wells 5 other central banks including the Bank of Canada. Bank of England the European Central Bank Swiss National Bank. And what -- doing is they're basically lowering the cost to borrow dollars before he
  5. U.S. Jobless Claims Near 4-Year Low

    Thu, 9 Feb 2012

    benchmark interest rate at 1% the Bank of England is injecting another fifty billion confidence on. Their As as far as the Bank of England injecting money again it's another promised support. Of most of the major central banks in the world. Some bright spots there

    Bank of England found at 4:05, 4:42

    European Central Bank. Is leaving its benchmark interest rate at 1% the Bank of England is injecting another fifty billion pounds into its economy what do these decisions indicate. Well on the indicates the ECB it appears
    sign of confidence on. Their -- As -- as far as the Bank of England injecting money again it's another major Central Bank. Around the world that is doing some thing to prop up their economy that's one of the reasons why you're seeing investors believing. Even in the face of evidence that might contradict that that we have a better times ahead of us wins the support and promised support. Of most of the major central banks in the world. Some bright spots there is okay this another story making headlines today on foreclosures because it appeared all fifty
  6. Simon Cowell Home Invasion: Mogul Shaken Up

    Wed, 28 Mar 2012

    He installed a security system worth hundreds of thousands of dollars and once claimed his home was quote as safe as the Bank of England . But William Burke knows no security is fool proof he's protected celebrities for thirty. Years the biggest challenge

    Bank of England found at 1:34

    dollars and once claimed his home was quote as safe as the Bank of England . But William Burke knows no security is fool proof he's protected celebrities for thirty. Years the biggest challenge that we face is
  7. September Rally on Hold

    Wed, 22 Sep 2010

    what's happening at the central banks we talked about the it's not the only central banks saying that in fact overnight the Bank of England came out over across last meeting at the Bank of England those are basically

    Bank of England found at 5:34

    about their investors are a little spooked by what's happening at the central banks we talked about the -- of the uncertainty it's creating I think it may need to. -- policy even further it's not the only central banks saying that in fact overnight the Bank of England came out over across the pond. We heard -- minutes from their last meeting at the Bank of England those are basically a recap of what the discussion was. Talking about easing even further so it's a debate that's happening around the -- -- But the whole point here the bottom line is that central banks . -- looking at ease further it's not really what they should be doing when we're in the midst of a global recovery
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