Mark Carney

Carney Reveals Likely Rise In Interest Rates

PA | Posted 16.07.2015 | UK

Bank of England governor Mark Carney has suggested that interest rates could begin to rise at the turn of this year. Carney said he expected the bank ...

Has the Tide Turned on the Criminals Running Banking?

Charlie Mullins | Posted 15.06.2015 | UK Politics
Charlie Mullins

On Wednesday night in his Mansion House Speech the Governor of the Bank of England, Mark Carney, signaled the end to the 'culture of impunity' for those pin-striped villains known as bankers, who have for so long shown so much contempt for the law.

When Is Being Anti-Business Not Being Anti-Business?

Stuart Thomson | Posted 12.06.2015 | UK
Stuart Thomson

The Government sells the story of its intervention in way that does not frighten businesses. Labour failed at this. Given public opinion and the Government's own actions, it is not the case that 'anti-business' measures are off the agenda but if you are going to do them then there is a need to get the message right.

Carney Warns Bankers 'The Age Of Irresponsibility' Is Over

The Huffington Post UK | Paul Vale | Posted 10.06.2015 | UK

Mark Carney demanded sterner custodial sentences for rogue bankers on Wednesday, the Bank of England chief declaring the "age of irresponsibility" ove...

Osborne's RBS Fire Sale Shows Reform of Britain's Banks Must Come From Within

Gail Cartmail | Posted 10.06.2015 | UK Politics
Gail Cartmail

Osborne is set to announce the fire sale of the public's share in the Royal Bank of Scotland. Since the taxpayers bailed out RBS to the tune of £45billion in 2008, the government have held an 80% share in the bank. This bailout saved the bank from the mismanagement of its own executives, including such luminaries as Fred 'The Shred' Goodwin. You'd be forgiven for believing that seven years on Osborne's sell-off must mean that Britain's banks have been purged of all that led to such bedlam in 2008; deregulation, bloated bonuses, toxic debts and a willingness to gamble money that makes Las Vegas seem puritan. In truth the Chancellor is selling our share in RBS at a massive loss.

Germany Won't Be Happy With What Mark Carney Just Said

The Huffington Post UK/PA | Jack Sommers | Posted 29.01.2015 | UK

Bank of England governor Mark Carney has attacked the Eurozone's efforts to restore its economy as "timid", urging it to make a "bold" move towards sh...

Asa Bennett

MPs Want Mark Carney To Save You From Interest Rate Rise 'Misery'

HuffingtonPost.com | Asa Bennett | Posted 28.01.2015 | UK Politics

Mark Carney has been urged by MPs to spare mortgage-holders and other borrowers the "misery" of interest rates rising too sharply, the Huffington Post...

5 Reasons Falling Prices Could Actually Be Bad For Your Wallet

The Huffington Post UK | Asa Bennett | Posted 14.01.2015 | UK Politics

Bank Of England governor Mark Carney and Chancellor George Osborne are insisting that Britain's economy can manage if inflation, which recently fell t...

Why Everyone Is Actually Worried About A Downward Spiral In Prices

The Huffington Post UK | Asa Bennett | Posted 14.01.2015 | UK Politics

Mark Carney and George Osborne have tried to calm fears that Britain's economy could fall into a damaging deflationary spiral after new figures showed...

Carney Prepares To Grovel To Osborne

The Huffington Post UK | Asa Bennett | Posted 13.01.2015 | UK Politics

Inflation has fallen below 1% in December, according to official figures, leaving Mark Carney with the embarrassing task of writing a letter to George...

The Bank Of England Had No Idea The Crash Was Coming

Press Association | Posted 07.01.2015 | UK Politics

The Bank of England congratulated itself on its handling of market turmoil during the early stages of the financial crisis, just a day before it was c...

How Will The Global Economy Do Next Year? Here's What You Need To Know

The Huffington Post UK | Asa Bennett | Posted 30.12.2014 | UK Politics

The world can be a scary place, George Osborne seems to like suggesting, with every other economy in choppy waters as Britain's economy enjoys increas...

Bank Governor Facing Humiliation Over Inflation

The Huffington Post UK | Asa Bennett | Posted 16.12.2014 | UK Politics

Mark Carney faces the humiliating prospect of having to explain to George Osborne why the Bank of England has failed to keep inflation under control a...

Osborne Hopes You Don't Notice His Massive Political Humiliation

The Huffington Post UK | Asa Bennet | Posted 21.11.2014 | UK Politics

George Osborne has quietly dropped his legal fight against the EU's bank bonus cap while attention is diverted on the Rochester by-election. The Ch...

And You Thought The Pay Squeeze Was Finally Over...

The Huffington Post UK | Asa Bennett | Posted 18.11.2014 | UK Politics

Britons will have to wait a bit longer to feel the benefit of the pay squeeze ending, as official new figures indicate any wage gains have been comple...

Carney Doesn't Care If He Hurts Osborne's Election Chances

The Huffington Post UK | Asa Bennett | Posted 13.11.2014 | UK Politics

The governor of the Bank of England has rubbished suggestions that he is set to keep interest rates on hold until next autumn in order to help George ...

Asa Bennett

Labour Has A Blunt Message For Bankers Moaning About Tougher Rules

HuffingtonPost.com | Asa Bennett | Posted 16.10.2014 | UK Politics

Bankers complaining about new and tougher regulation are "maybe in the wrong line of work," a Labour frontbencher has warned. Shadow financial secr...

Carney Gives Bad Bankers Their Biggest Bashing Yet

The Huffington Post UK | Asa Bennett | Posted 13.10.2014 | UK Politics

Mark Carney has warned that reckless bankers are "still at the best golf courses" despite causing the financial crash. In his strongest attack yet,...

Bank Of England Actually Had Some Dramatic Plans If Scotland Voted Yes...

The Huffington Post UK | Asa Bennett | Posted 10.10.2014 | UK Politics

Mark Carney stood ready to flood the financial markets with millions of pounds in extra emergency funding if Scotland voted for independence, it has e...

Saving Up? Carney Is Still Not Going To Help You...

The Huffington Post/PA | Posted 09.10.2014 | UK Politics

The Bank of England left interest rates on hold at 0.5% today amid increasing concerns that the recovery is slowing. Bank governor Mark Carney has ...

Why Interest Rates Could Rise 'More Quickly'

The Huffington Post UK | Asa Bennett | Posted 25.09.2014 | UK Politics

The Bank of England may "have to move more quickly" to raise interest rates if the economic recovery does not see productivity increase along with wag...

Got A Mortgage? Carney Won't Be Ruining Your Christmas

The Huffington Post UK | Asa Bennett | Posted 16.09.2014 | UK Politics

Mark Carney is set to only start increasing interest rates next year as Britain's level of inflation has stayed below the Bank of England's 2% inflati...

#IndyRef Has Just Ruined Osborne And Carney's Trip To Australia

The Huffington Post UK | Asa Bennett | Posted 12.09.2014 | UK Politics

Chancellor George Osborne and Bank of England governor Mark Carney are no longer going to G20 talks in Australia so they can be in the UK for the Scot...

'You Would Have To Pay £20,000 More In Tax In An Independent Scotland'

The Huffington Post UK | Asa Bennett | Posted 12.09.2014 | UK Politics

An independent Scotland could have to raise taxes by as much as £20,000 per person in order to ensure financial stability, Danny Alexander has sugges...

Want To Keep The Pound? Carney Has A Very Stark Message For Scotland

The Huffington Post UK | Asa Bennett | Posted 10.09.2014 | UK Politics

Mark Carney has suggested that an independent Scotland may need to raise at least £10 billion, requiring massive cuts or tax rises, if it wanted to k...