Saturday, May 18, 2013 8:03 PM IST

Bank of England

Overview

The Bank of England (formally the Governor and Company of the Bank of England) is, despite its name, the central bank of the whole of the United Kingdom and is the model on which most modern, large central banks have been based. It was established in 1694 to act as the English Government's banker, and to this day it still acts as the banker for HM Government.

Headlines Around the Web

Sir Mervyn King bows out on a high: Recovery 'in sight' at last for UK economy as Bank of England delivers final forecast

May 15 - Independent

Mervyn bows out on a high: Recovery 'in sight' at last for UK economy as Bank of England delivers final forecast

May 15 - Independent

Recovery 'in sight' at last for beleaguered UK economy: Bank of England Governor Sir Mervyn King predicts faster growth and lower inflation

May 15 - Independent

Recovery 'in sight' at last: Bank of England Governor Sir Mervyn King offers good news on 'stronger' UK economy with GDP forecast

May 15 - Independent

Recovery 'in sight' at last: Bank of England Governor Sir Mervyn King shows offers good news on 'stronger' UK economy with GDP forecast

May 15 - Independent

Recovery 'in sight' at last: Bank of England Governor Sir Mervyn King offers good news on UK economy with GDP forecast

May 15 - Independent

Recovery 'in sight' at last: Bank of England Governor Sir Mervyn King offers good news on UK economy

May 15 - Independent

Outgoing Bank of England governor Sir Mervyn King raises hopes of 'modest and sustained' economic recovery

May 15 - Independent

Outgoing Governor of the Bank of England Sir Mervyn King says Britain's economic recovery is finally 'in sight'

May 15 - Independent

First-time buyers up 20 per cent in March

May 15 - Independent

King-sized good news on economy

May 12 - Independent

Interest rate and quantitative easing on hold as Bank of England sticks to its guns

May 09 - Independent

London Markets: FTSE 100 wavers ahead of BOE decision

May 09 - MarketWatch

Services sector surge reduces stimulus chances

May 04 - Independent

Buoyant services firms dent need for money-printing

May 03 - Independent

Cooksey quit ENRC after oligarchs spat

May 03 - Financial Times

Paul Tucker backtracks on possibility of negative interest rates

May 02 - Independent

Public stress tests ahead for UK banks

May 02 - Financial Times

Prices set to rise as buyers latch on to cheaper mortgage offers

May 01 - Independent

Bank extends lending scheme to tackle credit crunch

Apr 24 - Independent

Articles About Bank of England

Euro Eyes Fresh 2013 Low on ECB Policy- Pound Rebound on Tap

By DailyFX

The Euro slipped to 1.2830 as European Central Bank (ECB) board member Benoit Coeure reiterated that the Governing Council is 'exploring options to further strengthen lending to the real economy and, in particular, to small and medium-sized ente... (2:10 am)

MORE TOPICS: DOW JONES, BEN BERNANKE, TWITTER, EUROPEAN CENTRAL BANK, MICHIGAN

Mark Carney's Bank of England 'More Independent than Under Mervyn King'

By IBTimes UK

Amit Kara, UBS European economist, tells IBTimes UK about BoE's future under Mark Carney. (8:12 pm)

BBA's Simon Hills: Mark Carney Should Stop BoE's Gilt Purchases

By IBTimes UK

British Bankers' Association's executive director says that Carney should buy "real economy assets," such as securitised SME loans. (May 17)

Bank of England's Weale sees chance of stimulus after Carney arrival

By Reuters UK

The Bank of England may have more scope to boost the economy after Mark Carney starts as governor because of tentative signs of lower inflation ahead, a member of its policymaking body said on Friday. (May 17)

MORE TOPICS: FEDERAL RESERVE, UNEMPLOYMENT

Mark Carney 'will Start BoE Governorship with Mistakes'

By IBTimes UK

UBS economist Amit Kara tells ACCA debate that Mark Carney's Bank of England will get off to bad start in July. (May 17)

MORE TOPICS: IMF, GOLDMAN SACHS, INTERNATIONAL MONETARY FUND, INVESTMENT, LONDON

BoE must tread carefully with flexible inflation approach - Weale

By Reuters UK

The Bank of England must be careful not to cause people to doubt its commitment to its inflation target as it uses the flexibility in its newly reworded mandate to help growth, a top policymaker said on Friday. (May 17)

Central banks saved world economy, now beware the fallout - IMF

By Reuters UK

Central banks got it right when they saved the world economy, but their unprecedented actions risk disruptive cross-border spillovers and potentially heavy losses when the time comes to reverse course, the IMF said on Thursday. (May 17)

MORE TOPICS: FEDERAL RESERVE, IMF, GDP, JAPAN, BANK OF JAPAN, INTERNATIONAL MONETARY FUND

Occupy Economics: Break up UK Banks or Risk Another Financial Crisis

By IBTimes UK

Occupy movement launches new campaign to break up 'too big to fail' banks in London's Canary Wharf. (May 16)

RBS To Axe 1,400 Retail Jobs Over Two Years

By IBTimes UK

RBS reveals job losses are a result of restructuring its Retail head office functions in the UK (May 16)

MORE TOPICS: ROYAL BANK OF SCOTLAND, RETAIL, INVESTMENT

Australian Dollar Outlook - 16 May 2013

By IBTimes AU

Bell FX Currency Outlook: The AUD traded in a fairly tight range overnight as the USD continued to maintain its recent strength against the major currencies. (May 16)

MORE TOPICS: AUSTRALIA, CHINA, FEDERAL RESERVE, MANUFACTURING, GDP, NEW YORK, QUANTITATIVE EASING