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Bank of England

Britain's new bank chief takes the helm

Jul 1, 2013
Canadian Mark Carney takes over running the Bank of England today. Carney looks good and has star power, but some wonder whether the current adulation will last.
Posted In: Britain, Bank of England, england, banking, Europe

Amid fears of triple-dip recession, U.K. future uncertain

Jan 25, 2013
Days after David Cameron announced a referendum on U.K. membership in the EU, figures out today revealed that Britain is at risk of slipping into its third recession in a row, leading to further uncertainty about the U.K.'s future.
Posted In: United Kingdom (U.K.), Bank of England, recession

Canadian Mark Carney to lead Bank of England

Nov 26, 2012
Carney was most recently the governor of the Bank of Canada.
Posted In: Bank of England, Mark Carney

England, France facing more financial struggles

Aug 8, 2012
The Bank of England forecasts this morning the U.K. economy will not grow at all in the coming quarter. Across the channel, the French central bank says the euro's second-largest economy is headed for its own recession. And Germany's being infected by all this through its exports, which fell in June.
Posted In: Bank of England, France

Ex-Bank of England member: Central bank action an ominous sign

Dec 9, 2011
Markets breathed a sigh of relief last week as central banks around the world agreed to joint action to fight the European debt crisis. But according to someone on the front lines in 2008, this could mean things are worse than we know.
Posted In: European Central Bank, Bank of England, Europe debt crisis