Mark Carney

Will the New Bank of England MPC Be More Hawkish?

Nick Beecroft | Posted 07.04.2014 | UK
Nick Beecroft

On March 18th Governor Carney unveiled a major reorg. at the Old Lady, naming two new Deputy Governors , with Ben Broadbent becoming Deputy Governor responsible for monetary policy, taking over for Charlie Bean, who retires at the end of June. This creates a vacancy on the MPC, as Broadbent is already on the committee.

Bank Of England Will Not Raise Interest Rates 'Until 2015'

PA/Huffington Post UK | Posted 06.04.2014 | UK

Bank of England rate-setters are expected to leave the cost of borrowing on hold this week amid signs that the pace of the recovery may be slowing dow...

All In It Together? BofE Doubles Champagne Spending In A Year

The Huffington Post UK | Asa Bennett | Posted 21.03.2014 | UK Politics

Consumption of wine and champagne at the Bank of England nearly doubled in the year Mark Carney took over, as officials bought over 300 more bottles o...

Osborne Is 'Taking Us Back To A Debt-Fuelled Economy'

The Huffington Post UK | Asa Bennett | Posted 19.03.2014 | UK Politics

George Osborne told MPs in his Budget that the country "borrows too much and saves too little" as he announced a new individual savings account that w...

Economy At Risk If Interest Rates Stay Low, Warns Carney

The Huffington Post/PA | Posted 19.03.2014 | UK Politics

Bank of England governor Mark Carney warned the economy faced renewed dangers from excessive borrowing as encouraged by low interest rates. Carney ...

Osborne Urged To Stop Picking 'People He Plays Golf With' For The BofE

The Huffington Post UK | Asa Bennett | Posted 13.03.2014 | UK Politics

George Osborne and his Treasury officials have been mocked for continuing to pick people that "they play golf with" for the Bank of England's nine-man...

MPs Mock BoE Governor Mark Carney's 'Shades Of Richard Nixon'

The Huffington Post UK | Asa Bennett | Posted 11.03.2014 | UK Politics

Mark Carney and Bank of England officials have been mocked by MPs for their "shades of Nixon" after it emerged that the Bank destroys records of its M...

Tory Minister Suggests Women Don't Deserve To Be On Bank Of England's MPC

The Huffington Post UK | Asa Bennett | Posted 11.03.2014 | UK Politics

Tory minister Sajid Javid has sparked controversy for suggesting that women did not "merit" serving on the Bank of England's Monetary Policy Committee...

How Does Carney Think Keeping The Pound Is Like Being Pregnant?

The Huffington Post UK | Asa Bennett | Posted 11.03.2014 | UK Politics

An independent Scotland would need to ensure a formal currency union arrangement to keep the pound was completely viable, like being pregnant, Bank of...

Carney: We Don't Have The Tools To Stop Soaring House Prices

The Huffington Post UK | Asa Bennett | Posted 11.03.2014 | UK Politics

Mark Carney has warned that the Bank of England could not directly stop wealthy foreign buyers pushing up house prices by snapping up expensive proper...

Why Are MPs Preparing To Give BoE Governor Carney An Epic Grilling?

The Huffington Post/PA | Posted 10.03.2014 | UK Politics

Bank of England governor Mark Carney will face a marathon grilling by MPs over Scottish independence, the future path of interest rates and allegation...

Carney Urges Osborne To Put Women On BoE's Top Committee

The Huffington Post UK | Asa Bennett | Posted 07.03.2014 | UK Politics

George Osborne has been urged to consider appointing female economists to the Bank of England's entirely male monetary policy committee by bank govern...

The Politics of a Rate Rise

Gavin Devine | Posted 06.03.2014 | UK Politics
Gavin Devine

The decision in the past few weeks of Governor of the Bank of England Mark Carney to revise his 'forward guidance' on interest rates has been portrayed as an embarrassing about-turn by some. Others, including Mr Carney himself, have quite plausibly argued that his approach has managed expectations effectively. Thus far the markets, the media and politicians seem inclined to believe him.

'You're A Mug To Save'

The Huffington Post/PA | Posted 05.03.2014 | UK

The Bank of England's five-year policy of rock bottom interest rates has sent out the message that "you're a mug to save", experts have said. But w...

'Carney's Delay Could See Brits Suffer Shock Interest Rate Rise'

The Huffington Post UK | Asa Bennett | Posted 26.02.2014 | UK Politics

Mark Carney's decision to keep interest rates at their historic 0.5% low could see families and business forced to suffer an interest "shock", a forme...

'The Economic Recovery Is Not Yet Secure'

The Huffington Post/PA | Posted 12.03.2014 | UK Politics

George Osborne said next month's Budget will continue to confront Britain's problems as he cautioned the recovery was "not yet secure" despite a recen...

Good News For Mortgage Holders As Inflation Falls Below 2% Target

The Huffington Post/PA | Posted 18.02.2014 | UK Politics

Inflation has slipped below the Bank of England's 2% target for the first time in over four years, official figures from the Office for National Stati...

Carney: I Can't Stop Soaring House Prices

The Huffington Post UK | Asa Bennett | Posted 17.02.2014 | UK Politics

Mark Carney has warned that he cannot stop house prices soaring out of control as new figures show the average asking price has risen above £250,000....

10 Cheesy Business Chat Up Lines You HAVE To Try

The Huffington Post UK | Asa Bennett | Posted 14.02.2014 | UK

Business is clearly full of beautiful people, as shown by Yahoo boss Marissa Mayer and Mark Carney, the 'George Clooney'-esque governor of the Bank of...

UK's Rapid Recovery Causes Carney to Change Tack

Jeremy Cook | Posted 14.04.2014 | UK
Jeremy Cook

The latest Quarterly Inflation Report from the Bank of England has seen Governor Mark Carney and the remainder of Monetary Policy Committee continue to emphasise that interest rates in the UK will remain low 'for some time'.

Floods Will Hit Economic Recovery, Warns Carney

The Huffington Post UK | Asa Bennett | Posted 13.02.2014 | UK Politics

Britain's economic recovery will suffer "disruption" due to the destruction caused by the floods, Bank of England governor Mark Carney has warned. ...

Mehdi's Morning Memo: Is The Government Hiding Its Pro-EU Study?

Huffington Post | Mehdi Hasan | Posted 13.02.2014 | UK Politics

Here are the five things you need to know on Thursday 13 February 2014... 1) IS THE GOVERNMENT HIDING ITS PRO-EU STUDY? Whoops! It turns out the...

Asa Bennett

Will Bank Of England's New Interest Rate Policy Help British Businesses?

HuffingtonPost.com | Asa Bennett | Posted 12.02.2014 | UK Politics

Mark Carney's big change to his forward guidance policy on interest rates was to dump the 7% unemployment rate as a marker at which policymakers would...

BoE: 'The Recovery Is Neither Balanced Nor Sustainable'

The Huffington Post UK | Asa Bennett | Posted 12.02.2014 | UK Politics

Mark Carney has warned that Britain's economic recovery has not yet gained enough momentum, in a sobering assessment after several quarters of growth....

Carney Junks His Flagship Bank Interest Rate Policy

The Huffington Post UK | Asa Bennett | Posted 12.02.2014 | UK Politics

Mark Carney has radically overhauled the Bank of England's flagship forward guidance policy, dropping the 7% unemployment threshold as a target at whi...