Mark Carney

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...

DIY Giant B&Q Could Charge Scots More If They Vote Yes Next Week

The Huffington Post UK | Asa Bennett | Posted 09.09.2014 | UK Politics

Scottish consumers could be forced to pay higher prices at household names like B&Q if Scotland gains independence in next week's referendum, the boss...

Carney Trashes Salmond's Plan For Indy Scotland To Keep The Pound

The Huffington Post UK | Asa Bennett | Posted 09.09.2014 | UK Politics

Bank of England governor Mark Carney has warned Alex Salmond that his plan for an independent Scotland to keep the pound in a currency union arrangeme...

Salmond Will Hate What This Guy Has To Say About Scottish Independence

The Huffington Post UK | Asa Bennett | Posted 22.08.2014 | UK Politics

Scottish independence could lead to "capital flight" as savers rush to move their money out of the country, the chairman of HSBC has warned. Dougla...

Rate Hike Votes Three Years in the Making

Jeremy Cook | Posted 21.08.2014 | UK
Jeremy Cook

Today, the UK economy is in a lot better shape. Growth of 3.2% in the year to July - the strongest in the G10 - and the fears that to hold off on rate rises would create potential for dangerous bubbles in credit markets have been enough to move the votes of Martin Weale and Ian McCafferty to vote for a 25bps increase.

Tory MP Warns Osborne Rising Interest Rates Could Be A 'Catastrophe'

The Huffington Post UK | Asa Bennett | Posted 20.08.2014 | UK Politics

Rising interest rates could be a "social catastrophe" that causes Britons to lose their jobs, with families plunged into financial "crisis" within day...

Should Interest Rates Rise Right Now? Some BoE Officials Think So

The Huffington Post UK | Asa Bennett | Posted 20.08.2014 | UK Politics

Two Bank of England rate-setters have backed increasing interest rates from their historic 0.5% low, arguing that it could be done without putting the...

Are These Two Conspiring To Keep Interest Rates Low? MPs Fear So

The Huffington Post UK | Asa Bennett | Posted 19.08.2014 | UK Politics

Mark Carney is keeping interest rates at their historic low until after the next election in order to help George Osborne, MPs have claimed. Teresa...

Don't Expect Carney To Do Much About Record House Prices

The Huffington Post UK | Asa Bennett | Posted 19.08.2014 | UK Politics

Mark Carney will breathe a sigh of relief as the surprise dip in inflation means pressure has eased on him and his fellow Bank of England rate-setters...

Bank of England - Confusion Reigns

Nick Beecroft | Posted 18.08.2014 | UK
Nick Beecroft

As I write, the likelihood of imminent rate rises in the UK still hangs in the balance, following the release of another strong set of employment figures and, shortly afterwards, a still surprisingly dovish Bank of England Quarterly Inflation Report, (QIR).

Carney Won't Wait For Your Wages To Rise Before Hiking Interest Rates

The Huffington Post UK | Asa Bennett | Posted 18.08.2014 | UK Politics

The Bank of England will not wait for Britons' wages to grow in real terms before hiking interest rates, governor Mark Carney has said. Carney's la...

Cut the Snark Mark, Even If Your Masterplan Is a Muddle

Asa Bennett | Posted 14.08.2014 | UK Politics
Asa Bennett

"It seems a muddle", I wondered aloud after he presented the Bank's latest outlook for the economy. What was his response? He glowered, and shot back: "You're muddled, I'm afraid." Sitting at his side, deputy governor Ben Broadbent duly chuckled at Carney's catty response. I was almost surprised he didn't offer a saucer of milk.

'I'm Not Muddled, You're Muddled'

The Huffington Post UK | Asa Bennett | Posted 13.08.2014 | UK Politics

A defensive Mark Carney accused his critics of being "muddled" as he signalled that the Bank of England will finally hike interest rates when Britons'...

BoE May Wait Until Your Wages Rise Enough To Hike Interest Rates

The Huffington Post UK | Asa Bennett | Posted 12.08.2014 | UK Politics

Mark Carney is set to signal that Bank of England rate-setters will finally hike interest rates once the growth in Britons' wages takes hold. Brita...

It May Be Up To This Guy To Cool Britain's Property Market

The Huffington Post UK | Asa Bennett | Posted 11.08.2014 | UK Politics

Mark Carney may be forced to step in again to cool Britain's roaring property market as a recent mortgage clampdown has turned out to be more of a "ge...

Carney Won't Make Things Harder For Mortgage Holders...Yet

The Huffington Post UK | Asa Bennett | Posted 07.08.2014 | UK

The Bank of England has kept interest rates at their 0.5% low despite mounting speculation that some Bank rate-setters would be pushing for a hike giv...

Asa Bennett

5 Questions Darling Should Ask Salmond In Tonight's Debate

HuffingtonPost.com | Asa Bennett | Posted 05.08.2014 | UK Politics

Alistair Darling and will Alex Salmond duke it out tonight over Scottish independence for two hours in a live televised debate on the Scottish STV ch...

Got Away With Your Bank Bonus After The Crash? Carney Won't Touch You

The Huffington Post UK | Asa Bennett | Posted 30.07.2014 | UK Politics

The Bank of England has admitted that its bonus clawback scheme, trumpeted as "robust action to tackle inappropriate remuneration", will not apply to ...

Interest Rate Hawks Should Return to Their Nests

John Longworth | Posted 22.09.2014 | UK
John Longworth

The interest rate hawks are circling over Threadneedle Street. Should they choose to strike early or unexpectedly, the consequences for the UK's recovery and growth prospects will be significant.

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...