Bank of England

In a speech today at the Institute of Economic Affairs, Rachel Lomax - Deputy Governor for Monetary Policy - says that the outlook for 2008 and beyond has changed dramatically from forecasts made a...

Speech byANDREW SENTANCEMEMBER OF THE MONETARY POLICY COMMITTEEBANK OF ENGLANDHOW BIG IS THE RISK OF RECESSION?Devon and Cornwall Business CouncilSandy Park Conference Centre, Exeter21 February 2008I...

OverviewThe disruption to global financial and credit markets continued. Current and expected policy rates fell. Sterling depreciated substantially. In the United Kingdom, output growth moderated to...

The Bank of England's Monetary Policy Committee today voted to reduce the official Bank Rate paid on commercial bank reserves by 0.25 percentage points to 5.25%.The prospects for output growth abroad...

1 Before turning to its immediate policy decision, the Committee discussed financial markets developments; the international economy; money, credit, demand and output; and supply, costs and...

MERVYN KING GOVERNOR OF THE BANK OF ENGLANDat a dinner hosted by the IoD South West and the CBI at the Ashton Gate Stadium, Bristol on Tuesday 22 January 2008It is four months since Northern Rock came...

1 Before turning to its immediate policy decision, and against the background of its latest projections for output and inflation, the Committee discussed financial market developments; the...

1 Before turning to its immediate policy decision, the Committee discussed financial markets developments; the international economy; money, credit, demand and output; and costs and prices.Financial...

1 Before turning to its immediate policy decision, the Committee discussed financial markets developments and credit; the international economy; demand and output; and supply, costs and...