All posts tagged bank of england

UK returns to growth

Bank of England welcomes improved economic outlook

The outlook for the UK economy is brighter, outgoing Bank of England Governor Sir Mervyn King said today. Presenting his last quarterly inflation report as head of the central bank, Sir Mervyn stated that the latest projections are for growth …

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Bank of England

UK inflation unchanged at 2.8% in March

Consumer price inflation in the UK stood at 2.8% in the year to March 2013, unchanged from February, official figures showed today. Upward contributions to CPI inflation came primarily

Bank of England

Bank of England keeps rates and QE on hold again

UK interest rates have been maintained at a record-low 0.5% for another month. The Bank of England announced today that its Monetary Policy Committee had voted not to change

Bank of England

Bank of England keeps interest rates and stimulus unchanged

The Bank of England said today that its Monetary Policy Committee (MPC) has voted to maintain interest rates at 0.5% and also resisted calls to inject more money

Bank of England

Bank of England scheme fails to increase lending

Banks and building societies are still not lending more, despite the launch of the Funding for Lending Scheme (FLS) last year. A report released today by the Bank of

Bank of England

Bank of England and CBI expect modest recovery for UK economy

Predictions continue to be made about the prospects for the UK economy in 2013 and beyond. Today, the Bank of England and business organisation the CBI set out

Bank of England

Bank of England reports continued rise in mortgage approvals

Further signs are emerging of a recovery in the UK housing market, as the Bank of England said today that mortgage approvals rose again in December 2012. The number

Bank of England

Lending rises as Bank of England scheme takes effect

Net lending to UK households and businesses increased after the launch of the Funding for Lending Scheme (FLS) in the summer, the Bank of England announced today. Overall, net

Bank of England

Sir Mervyn King sets out scale of task facing new governor

The UK economy is facing an increased risk from the ongoing problems in the eurozone, Sir Mervyn King warned today. The outgoing governor of the Bank of England claimed

Bank of England

Canada’s central bank chief to replace King at Bank of England

Mark Carney, the governor of the Canadian central bank, has been chosen to replace Sir Mervyn King as the governor of the Bank of England, it was announced

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