Bank of England
The Bank of England (BoE) is the central bank of the United Kingdom. Sometimes known as the “Old Lady” of Threadneedle Street, the Bank was founded in 1694 with a founding charter that stated its purpose was to “promote the public good and benefit of our people”.
It is the second oldest central bank in the world, after the Sveriges Riksbank, and the world's 8th oldest bank.
The Bank is one of eight banks authorised to issue banknotes in the United Kingdom, but has a monopoly on the issue of banknotes in England and Wales and regulates the issue of banknotes by commercial banks in Scotland and Northern Ireland.
The Bank's Monetary Policy Committee has devolved responsibility for managing monetary policy. The Treasury has reserve powers to give orders to the committee "if they are required in the public interest and by extreme economic circumstances" but such orders must be endorsed by Parliament within 28 days.
The Governor of the Bank of England is Mark Carney, who assumed the post on 1 July 2013, succeeding Mervyn King, who took over on 30 June 2003.
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116
Banks
BOE's Carney: Some monetary policy stimulus likely
BOE's Carney impromptu speech Economic outlook worse
30 June 2016 #BoE, Bank of England
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86
Market News
Bank of England Gov Carney will no longer deliver
UK MP Jo Cox now confirmed dead The murder of UK MP Jo
16 June 2016 #Bank of England
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82
Banks
Bank of England MPC votes 9-0 to leaves interest
Details of the Bank of England's MPC monetary policy
16 June 2016 #Bank of England, Central Banks
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70
Currency
Bank of England Decision Out Shortly - BBH
12 May 2016 #Bank of England, BBH
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87
Analytics & Forecasts
Bank of England finally step into the Brexit debate
17 March 2016 #Bank of England
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99
Analytics & Forecasts
Bank of England Announces Measures to Soothe EU
8 March 2016 #Bank of England
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106
Market News
All eyes on Bank of England policy decision today -
14 January 2016 #Bank of England, market
- 49 Market News BoE will likely hold rates steady tomorrow; The Bank of England has held interest rates at record
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45
Market News
Bank of England is the least likely to surprise –
Research Team at BBH, expects that the BoE will keep
8 December 2015 #gbpusd, Bank of England
- 728 Currency Pound jumps after BoE's Ben Broadbent remarks
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703
Events
Big banking event: BoE's Carney to host forum on how to
11 November 2015 #Mario Draghi, Mark Carney
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722
Analytics & Forecasts
OECD: Bank of England should hike rates in early 2016
9 November 2015 #Mark Carney, Bank of England
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983
Analytics & Forecasts
Weekly economic outlook Nov 9-13
9 November 2015 #economic calendar, ECB
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2 158
Analytics & Forecasts
Weekly digest Nov 2-6: From global interest rates to
6 November 2015 #interest rates, Fed
- 766 Analytics & Forecasts BOE inflation report: U.K. economy will be hit hard if
- 1 086 Currency Pound extends losses after Bank of England stands pat
- 702 Currency Pound dips as U.K. car sales fall for first time in 43
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858
Analytics & Forecasts
Strong U.K. PMI revives talk of Bank of England rate
2 November 2015 #Fed, Mark Carney
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934
Events
Weekly economic outlook November 2-6
2 November 2015 #economic calendar, ECB
- 710 Currency Sterling slips after mixed U.K. data
- 1 637 Analytics & Forecasts 17th Geneva Report urges central banks to hike rates as
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744
Events
Bank of England's Carney criticized after remarks on
22 October 2015 #Mark Carney, Bank of England
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859
Currency
Pound hits one-week highs after upbeat U.K. data
22 October 2015 #forex news, eur/gbp
- 828 Analytics & Forecasts Economic data signals Bank of England may move before
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735
Analytics & Forecasts
Economists support Bank of England's view there are no
21 October 2015 #inflation, Mark Carney
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970
Analytics & Forecasts
Goldman expects pound to strengthen, says Bank of
19 October 2015 #GBP/USD, Bank of England
- 1 510 Market News U.S. stocks open lower ahead of FOMC minutes
- 896 Market News Pound drops, FTSE jumps after Bank of England holds
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723
Market News
Sterling jumps, FTSE 100 dips ahead of Bank of England
8 October 2015 #forex news, eur/gbp
- 1 526 Analytics & Forecasts Will the Bank of England ever increase rates