Bank of England

Brexit Briefing: Michael Fish, Apologetic Experts and Jenga

The Huffington Post | Owen Bennett | Posted 12.01.2017 | UK Politics

All you need to know from the world of Brexit this week. You can sign up for this briefing by clicking here, and you’ll receive it straight to your ...

Here's The Full Story Behind Those 'Michael Fish Error' Brexit Headlines

The Huffington Post | Christopher York | Posted 06.01.2017 | UK

Newspapers have pounced on comments made by the Bank of England’s chief economist as evidence economists were wrong to predict financial gloom in th...

A Japanese Insurance Firm Is Actually Replacing Its Workers With Artificial Intelligence

The Huffington Post | Oscar Williams | Posted 05.01.2017 | UK Tech

A Japanese insurance firm is set to replace 34 workers with an artificial intelligence (AI) system, lending weight to fears that robots will decimate ...

UK Economy Brexit Fears Unfounded In 2016 But 2017 Could Be A Whole Different Story

The Huffington Post | Christopher York | Posted 01.01.2017 | UK

The UK economy defied expectations in 2016 as Britons decided to keep calm and carry on spending following the Brexit vote, but there are fears it cou...

Second £5 Note With Jane Austen Engraving Worth £50,000 Found In Christmas Card

The Huffington Post | Kathryn Snowdon | Posted 30.12.2016 | UK

A £5 note engraved with a tiny portrait of Jane Austen, thought to be worth up to £50,000, has been found in a Christmas card. The second of four Ba...

Brexit Is A ‘God-Given’ Opportunity To Steal Trade From UK Says Trump Aide

The Huffington Post | Sara C Nelson | Posted 26.12.2016 | UK

A billionaire businessman chosen by US President-Elect Donald Trump as his new trade chief has said that Brexit represents a “God-given opportunity...

United Kingdom's Five Economic Events Of 2016

Vikram Kumar Khosla | Posted 23.12.2016 | UK
Vikram Kumar Khosla

It's been a big year. Whether that be politically in elections and referendums or economically with big decisions being made. I look back over five aspects of 2016, where the United Kingdom's economy was impacted.

Don't Imagine 2016 Was An Outlier

Angus Campbell | Posted 16.12.2016 | UK
Angus Campbell

If anyone says they saw all that happened in 2016 coming they are lying. There's the wonderful stat that one of the big bookmakers released after Dona...

Is Your Job Among The 15m That Could Be Replaced By The 'Merciless' March Of Robots?

The Huffington Post | George Bowden | Posted 06.12.2016 | UK

Mark Carney has warned up to 15 million British jobs could be replaced by robots amid a “merciless” technological revolution - and economists are ...

Inventor Behind New Fivers Says Being Upset Over Non-Vegan Notes Is 'Absolutely Stupid'

The Huffington Post | Sarah Harris1 | Posted 02.12.2016 | UK

The Australian inventor of the polymer used on the new fiver has said the row over traces of animal fat in the note is “absolutely stupid”. It cam...

Bank Of England's Note Supplier Working On 'Potential Solutions' To Animal Fat Fivers

The Huffington Post | Sarah Harris1 | Posted 01.12.2016 | UK

The Bank of England has said its supplier is working on “potential solutions” after more than 100,000 people signed a petition calling on them to ...

Animal Fat In £5 Note 'Utterly Unacceptable', Says Hindu Forum Of Britain

The Huffington Post | Sarah Harris1 | Posted 30.11.2016 | UK

The use of a derivate of animal fat in the new £5 note is “totally and utterly unacceptable”, the Hindu Forum of Britain has said, following reve...

Turns Out The New £5 Note Isn't Acceptable To Vegans Or Vegetarians

The Huffington Post | Sarah Harris1 | Posted 01.12.2016 | UK

Vegetarians and vegans have been left horrified after it was revealed that the new £5 note contains a derivative of animal fat. This was revealed whe...

The Bank Of England Spent £100k On A Party And People Aren't *Particularly* Happy

The Huffington Post | Sarah Harris1 | Posted 27.11.2016 | UK

The Bank of England spent almost £100,000 of taxpayers’ money on its annual summer party, just weeks after the Brexit vote and as the country grapp...

Ed Balls Warns Brexiteers: Stop Undermining Bank Of England

The Huffington Post | Paul Waugh | Posted 16.11.2016 | UK Politics

Central bankers like Mark Carney should give up some of their “political independence” in a bid to reassure the public they are on their side and ...

UK Economy Fights Back Despite Brexit Fears

Vikram Kumar Khosla | Posted 01.11.2016 | UK Politics
Vikram Kumar Khosla

However, the next few years are going to be important because the negotiations with the EU will be key in ensuring the economy carries on growing and the actual impact once we officially leave the European Union will determine if there will be a recession or not and if we would have been better off in or out of the European Union.

A Tory MP Thinks 'Biased' Mark Carney Should Have Gone As Bank Of England Governor Stays To 2019

The Huffington Post | Graeme Demianyk | Posted 31.10.2016 | UK

Mark Carney has earned praised after announcing he will remain as Governor of the Bank of England for another year in the face of “toxic” briefing...

PM Defies Brexiteers To Back Bank Governor Mark Carney

The Huffington Post | Paul Waugh | Posted 31.10.2016 | UK Politics

Theresa May has given Bank of England Governor Mark Carney her full backing after attacks from Tory Eurosceptics who called him a ‘rockstar banker...

Flash Crash Of Pound: Challenges For Central Bank

Tehreem Husain | Posted 19.10.2016 | UK Politics
Tehreem Husain

Uncertainty can prove to be detrimental if not effectively managed at the right time and can give rise to tough challenges for economic managers and central bankers alike.

Who Are The Winners And Losers Of Brexit?

Luke Springthorpe | Posted 14.09.2016 | UK Politics
Luke Springthorpe

On the other hand, there are companies with something to gain from a potential decline in sterling and new opportunities abroad. Clearly the eventual winners and losers will very much depend on the value of the pound, as well as the Brexit deals that emerge.

The Good News and the Bad News for the Post-Referendum Economy

Huw Macartney | Posted 24.06.2016 | UK
Huw Macartney

The good news then is that this is not likely to be a banking crisis like that which we witnessed in 2008. The bad news though is what comes after the initial 'shock' has passed. Because even if the Bank of England looks set to be able to weather the immediate storm inflicted by stock markets, the longer term implications look far less certain and far more challenging.

James O’Brien Scolds Brexiters Who Rubbished Experts But Now Listen To Them

The Huffington Post | Aubrey Allegretti | Posted 24.06.2016 | UK

James O'Brien has launched a storming attack on people who voted in favour of Brexit for asking the Bank of England to steer the country through econo...

Here's The New Plastic £5 Note That Could Actually Have You Paying Twice

The Huffington Post | Sarah Harris1 | Posted 02.06.2016 | UK

The Bank of England has finally unveiled its new £5 note, bearing the face of Sir Winston Churchill. The note is printed on polymer, a think plastic ...

John McDonnell Warns HSBC It Doesn't Have A 'Blank Cheque'

The Huffington Post UK | Ned Simons | Posted 15.02.2016 | UK Politics

John McDonnell has warned HSBC it can not have "blank cheque" when it comes to doing business in Britain, after the bank announced it would not be mov...

Bank Of England To Decide On Interest Rates This Week

PA | Posted 13.01.2017 | UK

Bank of England policymakers are expected to keep interest rates at record lows on Thursday, in the wake of the increasing likelihood that the UK econ...