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Bank of England

COVID-19

Top central bankers: Economy needs help despite vaccine news

by Associated Press
Nov 13, 2020
U.S. Federal Reserve Chair Jerome Powell said Congress “may need to do more” to cushion the blow from the pandemic.
Chairman of the Federal Reserve Jerome Powell testifies during the Senate's Committee on Banking, Housing and Urban Affairs hearing examining the quarterly CARES Act report to Congress on Sept. 24, 2020, in Washington.
Drew Angerer/Pool/AFP via Getty Images
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COVID-19

Bank of England, U.K. government take policy action over COVID-19

by Victoria Craig
Mar 11, 2020
On Wednesday, just hours before the U.K. government will outline new spending plans, the Bank of England announced the cuts.
Mark Carney (left), governor of the Bank of England, and Andrew Bailey, governor-designate of the Bank of England, arrive to attend a news conference on March 11, 2020.
Peter Summers - WPA Pool/Getty Images
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Bank of England involved in Libor scandal, reports the BBC

by Kimberly Adams
Apr 10, 2017
The BBC has obtained a secret recording that links the bank to Libor rigging.
A view of the Bank of England in the City of London.
CARL COURT/AFP/GettyImages
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Final Note

New five pound notes contain traces of tallow

by Kai Ryssdal
Nov 29, 2016
Vegetarians and other groups petition to have the animal fat derivative taken out.
Bank of England Gov. Mark Carney poses with a new polymer five pound note in London in September.
Stefan Wermuth - WPA Pool/Getty Images
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Brexit

Bank of England to make it easier for banks to lend money

by Lewis Wallace
Jul 5, 2016
Following the recent Brexit vote, England's central bank says it will use financial tools for stability.
A Bank of England sign is displayed outside the bank in London, England. 
Peter Macdiarmid/Getty Images
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What happens when banking becomes alchemy?

by Kai Ryssdal
Mar 17, 2016
If that is the case, then should we be worried?
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Britain's new bank chief takes the helm

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

by Stephen Beard
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.
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Final Note

Canadian Mark Carney to lead Bank of England

by Kai Ryssdal
Nov 26, 2012
Carney was most recently the governor of the Bank of Canada.
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European Debt Crisis

England, France facing more financial struggles

by Christopher Werth
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.
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