Bank of England

Recent Highlights

• Suddenly forced to ramp up rates because of events beyond its control: ... The debt that lies beneath | Dan Roberts So far, low interest rates have shielded the heavily mortgaged homeowner from trouble. But a shaky recovery puts that in doubt When the nation's top financial watchdog tells banks to ... The Guardian - business - 1 day, 11 hours ago  
• Raise interest rates, with an inevitable impact on consumers. Turner also revealed ... FSA to impose stricter 'stress tests' Banks will now have to ensure they have enough capital to withstand a peak-to-trough fall in GDP of -8.1% by 2014 Britain's biggest banks are being subjected to new stress ... The Guardian - business - 1 day, 16 hours ago  
• Yesterday. New notes depicting economist Adam Smith are already in circulation, but ... ELGAR’S FINAL CONCERTO THE old-style £20 notes featuring composer Edward Elgar will cease to be legal tender on 30 June, the Bank of England said yesterday. New notes depicting economist Adam Smith are ... City A.M. - 3 days, 4 hours ago  
• Also halted its gilt splurge, this could have significant consequences for the ... UK banks' gilt-buying spree may not materialise The great UK bank gilt-buying spree may not materialise. British lenders had been seen as key buyers of the forthcoming flood of UK government bonds. But the recent figures suggest ... Telegraph - business - 3 days, 11 hours ago  
• It is time to see off Elgar completely and will be leafleting ... Score out: Edward Elgar is to go from £20 note The £20 note featuring Sir Edward Elgar is to be withdrawn in June. Will you notice when he's gone, asks Lisa Bachelor How closely do you look at the banknotes ... The Guardian - business - 3 days, 16 hours ago