Bank of England

Boris' City Hall Staff Get Free Help To Stay Mindful

The Huffington Post UK | Asa Bennett | Posted 31.07.2014 | UK Politics

London mayor Boris Johnson may be known for bounding about the political stage in the style of a human dynamo, but his staff at City Hall are at least...

You'll Never Have Got Poorer So Fast By 2015 Since The Victorian Era

The Huffington Post UK | Asa Bennett | Posted 31.07.2014 | UK Politics

Britons' wages will by next May never have shrunk so far over the course of a single term of parliament in real terms since the Victorian era, damning...

Bankers Urged To Swear An Oath Not To Rip Off Their Customers

The Huffington Post UK | Asa Bennett | Posted 29.07.2014 | UK Politics

Bankers should swear an oath "never to harm" their customers in the same way as doctors do, a think-tank has said. The Respublica think-tank's sugg...

You Need To Know How This Bank Governor Could Ruin Your Day

The Huffington Post/PA | Posted 24.07.2014 | UK Politics

Britons need to wake up to how much more financial pressure they could be put under when the Bank of England raises interest rates from the UK's histo...

Carney Says UK Economy Must Perform Like A Marathon Runner

The Huffington Post UK | Asa Bennett | Posted 23.07.2014 | UK Politics

Mark Carney has declared that Britain needs the "hard work, dedication and perseverance" of an athlete to win the global "economic marathon". Speak...

Did Osborne Really Save The Economy? Bank Of England Doesn't Think So..

The Huffington Post UK | Asa Bennett | Posted 23.07.2014 | UK Politics

The Bank of England's prudent decisions after the financial crash helped ensure the UK's economic recovery took hold, a senior Bank economist has said...

UK House Prices Will Rise Even Faster Than You Thought

The Huffington Post/PA | Posted 21.07.2014 | UK

UK house prices could rise by as much as 9.1% this year as Britain's economic recovery takes hold, new research has indicated. Property website Rig...

Debts: What Options Do We Really Have?

Sarah Moyes | Posted 09.07.2014 | UK
Sarah Moyes

It's really hard to find anyone these days that doesn't have some sort of debt hanging over them. If you've graduated from university, certainly in the last 10 years, then chances are you will still be paying off your student loan today...

Confidence in the Banks Creep Back - But Much Left to Do

Peter Aykens | Posted 03.07.2014 | UK
Peter Aykens

The tide is finally beginning to turn when it comes to trust in the banking industry. After the collapse of public trust following the uncertainty of the financial crisis, confidence levels are slowly returning - if only among those with higher bank balances.

Carney Deputy Warns Housing Market Is 'Biggest Risk' To UK Economy

The Huffington Post UK | Asa Bennett | Posted 03.07.2014 | UK Politics

The housing market remains the "biggest risk' to Britain's economy, Bank of England deputy governor Sir Jon Cunliffe has warned. Cunliffe, who over...

London House Prices Soar At Fastest Rate In 27 Years

The Huffington Post/PA | Posted 02.07.2014 | UK

House prices in London have soared at their fastest rate in 27 years, smashing through the £400,000 average property mark for the first time, Nationw...

WATCH: Carney Thinks Cable's Mortgage Cap Would Ruin The Recovery

The Huffington Post UK | Asa Bennett | Posted 27.06.2014 | UK Politics

Bank of England governor Mark Carney has dismissed Vince Cable's call to cap mortgages at three-and-a-half times a house-buyer's salary, warning that ...

Hoping To Buy Your First Home? Here's Why Carney May Have Ruined That

The Huffington Post UK | Asa Bennett | Posted 26.06.2014 | UK Politics

Mark Carney boasted that the Bank of England was acting on fears about Britain's roaring housing market by forcing lenders to hand out at most 15% of ...

Carney Admits His Own Plans To Cool The Housing Market Won't Do Much

The Huffington Post UK | Asa Bennett | Posted 26.06.2014 | UK Politics

The Bank of England has admitted that its latest measures to rein in Britain's roaring property market will have "minimal" impact, as fears mount that...

Carney May Not Ruin Christmas For Mortgage Holders After All

The Huffington Post UK | Asa Bennett | Posted 24.06.2014 | UK Politics

Mark Carney has poured cold water on his previous suggestion that the Bank of England could start raising interest rates by the end of the year. Th...

Got A Mortgage? These People Could Really Ruin Your Christmas

The Huffington Post UK | Asa Bennett | Posted 23.06.2014 | UK Politics

The Bank of England needs to raise interest rates in the upcoming months as Britain's economic recovery has taken hold, one of its top policymakers ha...

Got A Mortgage? You Could Be In For A Rough Christmas

The Huffington Post UK | Asa Bennett | Posted 19.06.2014 | UK

UK interest rates should be raised sooner rather than later, the Bank of England's new chief economist has said, so that rate-setters remain "on the f...

Is the Bank of England Just Making It Up as It Goes?

Asa Bennett | Posted 18.06.2014 | UK Politics
Asa Bennett

The Bank of England is getting a knack for sharp screeching U-turns, not ideal when governor Mark Carney's beloved "forward guidance" plan over the path of interest rates is meant to be clear and credible... Yet now it seems they're just making things up as they go.

BoE 'Surprised' You Thought It Wouldn't Raise Interest Rates Till 2015

The Huffington Post UK | Asa Bennett | Posted 18.06.2014 | UK Politics

Bank of England policymakers have expressed surprise at the heavy expectations that they would not start to raise interest rates until next year. T...

Guess How Many Thousands It Costed For Mark Carney To Move Here?

The Huffington Post UK | Asa Bennett | Posted 17.06.2014 | UK Politics

Mark Carney's move to Britain from Canada, costed £102,816, the Bank of England revealed in its latest annual report. The Bank of England governor...

UK House Prices Have Now Hit An All-Time RECORD

The Huffington Post UK | Asa Bennett | Posted 17.06.2014 | UK

UK house prices have soared by 9.9% over the last year to hit a new high in April of £260,000, according to new official figures out today, as as Ban...

Carney's New Battle Is Against Complacency

Jeremy Cook | Posted 16.06.2014 | UK
Jeremy Cook

One of the Mansion House speeches from George Osborne and Mark Carney on Thursday was set to grab the headlines. George Osborne's speech about increased regulation of currency markets has been a long time coming, with plans to extend legislation over LIBOR fixings to cover other benchmarks...

Interest Rates Could Rise Sooner Than You Think, Warns Carney

The Huffington Post UK | Asa Bennett | Posted 13.06.2014 | UK Politics

Interest rates could rise in Britain from their historic five-year low of 0.5% sooner than expected, Bank of England governor Mark Carney has warned. ...

'Act Now To Stop A Massive Housing Crash', IMF Warns World

The Huffington Post UK | Asa Bennett | Posted 12.06.2014 | UK Politics

The International Monetary Fund has sounded the alarm over the state of the housing market around the world, as it published new data showing that pro...

Housing Market Is Biggest Potential Threat To UK, Warns BoE Official

The Huffington Post UK | Asa Bennett | Posted 11.06.2014 | UK Politics

Britain's overheating housing market is the "main potential threat" to the country's financial stability, a Bank of England policymaker has warned. ...