That letter: Mark Carney writes to the chancellor
Exclusive: as inflation drops to 0.5 per cent, we reveal the contents of Bank of England Governor Mark Carney’s explanatory letter to the chancellor (as imagined by Paul Mason).
1,073 items found
Exclusive: as inflation drops to 0.5 per cent, we reveal the contents of Bank of England Governor Mark Carney’s explanatory letter to the chancellor (as imagined by Paul Mason).
Andrew Bailey, deputy governor of the Bank of England, tells Channel 4 News that a 45 per cent drop in oil prices is ‘likely to strengthen growth in the UK economy.’
The Bank of England’s chief economist, Andy Haldane, has suggested that interest rates are unlikely to rise from their historically-low levels before the middle of next year.
House prices have surged by nearly 10 per cent across Britain, and a third in London. The Bank of England may take action to burst the bubble with rules on borrowing, reports Helia Ebrahimi.
After more than five years at record low levels, an interest rate rise could be on its way. But why has the Bank of England suggested it and what effect would it have?
“The biggest risk” to the UK economy comes from the booming housing market, Mark Carney warns, as he suggests the Bank of England may step in to stop a “big debt overhang” building up.
Sorry guys – but the news for wannabe first-time buyers just isn’t getting any better. This time it’s Bank of England Governor Mark Carney, interest rates and new mortgage measures.
Bank of England Governor Mark Carney ditches his flagship interest rates policy, but says the cost of borrowing is unlikely to rise in the near future despite falling unemployment.
Bank of England Governor Mark Carney says the eurozone crisis shows what could happen if an independent Scotland retains the pound without firm foundations being put in place.
Bank of England Governor Mark Carney says an independent Scotland would have to cede some of its national sovereignty if it wants to keep the pound.
For the first time the Bank of England allows the £1m and £100m bank notes, which underpin the Scottish banking system, to be filmed. Economics Editor Faisal Islam gets his hands on them.
As unemployment falls to 7.4 per cent, near the 7 per cent threshold the Bank of England governor said would lead to a cut in rates, Faisal Islam looks at the figures – and the new plastic banknotes.
The Bank of England raises its growth forecast for the economy, but says interest rates will not automatically rise if unemployment falls faster than previously predicted.
Exclusive: Bank of England Governor Mark Carney tells Channel 4 News he will not be a “cheerleader” for the City and intends to “root out corruption” in the financial markets.
Exclusive: Bank of England Governor Mark Carney talks to Channel 4 News about the recovery, what it means for real wages and whether he will raise interest rates.