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Bank of England

Bank of England's Brexit Warnings Slammed by Princeton Professor

Bloomberg - ‎10 hours ago‎
The Bank of England is overreaching its mandate by intervening in the debate surrounding the U.K.'s referendum on European Union membership, according to Ashoka Mody, a former economist at the International Monetary Fund.
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New plastic bank notes may stick together, admits Bank of England

ITV News - ‎May 30, 2016‎
New plastic bank notes due to be issued later this year may stick together, the Bank of England has admitted. An updated £5 bank note made of polymer plastic will be introduced this September to replace the current paper notes.

New polymer banknotes could cost businesses £236m to implement

City A.M. - ‎7 hours ago‎
New polymer banknotes being introduced by the Bank of England (BoE) in September this year will cost businesses a staggering £236m to implement, research by an independent payments consultancy has found.
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Bank of England rejects claim it has watered down ringfencing plans

The Guardian - ‎May 26, 2016‎
The Bank of England has rejected criticisms from the architect of banking reforms that it has watered down its approach to ensuring the UK's banking system is strong enough to withstand heavy losses.
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Bank of England set to unveil new plastic £5 note featuring Winston Churchill

International Business Times UK - ‎May 29, 2016‎
The Bank of England is set to unveil the design for the latest £5 note on Thursday at Blenheim Palace, the birthplace of Sir Winston Churchill - who features on the new notes.
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Bank of England policymaker takes aim at free accounts

The Guardian - ‎May 25, 2016‎
A senior Bank of England policymaker has issued a scathing attack on two of the mainstays of high street banking, free-if-in-credit current accounts and teaser rates offered to entice new customers.

In the papers: Noble Group, Bank of England, Zurich Insurance

Proactive Investors UK - ‎19 hours ago‎
Retailers face triple threat as mounting costs take toll on high street: A triple burden of higher costs linked to the living wage, rapidly changing consumer demands and uncertainty surrounding the EU referendum is dampening optimism among U.K ...

Working with the Bank of England's senior managers regime

COOConnect - ‎15 hours ago‎
As of March, the new Senior Managers Regime (SMR), designed to improve individual accountability in the banking and finance sector, is in full effect within the UK.
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If the Bank of England's chief economist can't understand pensions, what hope is there for the rest of us? - ‎May 24, 2016‎
Could this be the financial industry's Wizard of Oz moment? Andy Haldane, the chief economist of the Bank of England, has, with his customary candour and self-deprecation, pulled back the curtain: although “moderately financially literate” he admits ...
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Bank of England may need to cut interest rates even if UK stays in EU

The Guardian - ‎May 19, 2016‎
The Bank's governor, Mark Carney, drew criticism from some campaigners for the UK to leave the EU last week, when he said an out vote could tip the economy into recession.

Bank of England policymakers appear before parliament

euronews - ‎May 24, 2016‎
LONDON (Reuters) - Bank of England Governor Mark Carney and Monetary Policy Committee members Ben Broadbent, Gertjan Vlieghe and Martin Weale are appearing in front of parliament's Treasury Select Committee to answer questions.

Carney Says Bank of England Is Closely Monitoring Buy-to-Let

Bloomberg - ‎May 26, 2016‎
Bank of England officials are scrutinizing risks stemming from property-market investment, Governor Mark Carney said, in a further sign the growth of buy-to-let has caught the central bank's attention.

Mark Carney's biggest speech of the year is going to be about fintech and the technology behind bitcoin

Business Insider - ‎May 24, 2016‎
Bank of England Governor Mark Carney's biggest speech of the year will be about fintech and blockchain technology, he revealed on Tuesday.
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Bank of England's chief economist admits 'I can't make sense of pensions'

Daily Mail - ‎May 18, 2016‎
If you've ever found yourself utterly baffled when grappling with your pension pot, you are not alone - the Bank of England's chief economist does not understand his either. Andy Haldane, one of the country's top financial officials, told industry ...
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Bank of England urges UK institutions to bulk up cybersecurity after Bangladesh hack

International Business Times UK - ‎May 20, 2016‎
In the wake of an orchestrated cyberattack found to be targeting numerous banks across the globe, the Bank of England issued an urgent call of all UK institutions to check for "indicators of compromise" on any computer connected to the Swift messaging ...

Newcastle businesses 'thriving' says Bank of England policymaker on visit to North East

ChronicleLive - ‎May 25, 2016‎
While parts of the North East economy continue to struggle for survival, Newcastle businesses appear to be “thriving”, one of the Bank of England's policymakers has said. Dr Martin Weale, one of the nine-strong Monetary Policy Committee's four external ...
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Bank of England in Swift Security Warning

Infosecurity Magazine - ‎May 23, 2016‎
The Bank of England has told UK banks they need to perform compliance checks to ensure they're following cybersecurity best practice following the $81 million virtual robbery of the Bangladesh Bank in February.