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Financial policy committee

December 2020

  • Euro, dollar, pound

    No-deal Brexit: markets brace for big hit to UK company shares and sterling

    Analysts warn if talks end on Sunday without agreement it could trigger a large sell-off

October 2020

  • Richard Sharp

    Rishi Sunak's ex-Goldman Sachs boss emerges as next possible BBC chair

    Former Conservative party donor Richard Sharp was appointed as chancellor’s advisor in April

July 2019

  • Facebook's libra coins and logo

    Project Syndicate economists
    Financial regulation is costly and complex – time for a big tech solution

    Howard Davies
    Cryptocurrencies, new payment systems and digital banking all signal a financial revolution that needs better oversight

March 2019

  • The Bank of England says Europe’s financial system faces potential risks to its stability arising from a no-deal Brexit

    EU banks could face panicky trading after no-deal Brexit

    Bank of England calls for measures to prevent markets raising lending costs

February 2019

  • Nils Pratley

    Nils Pratley on finance
    Financial markets seem lost in the fog of Brexit

    Nils Pratley
    The Bank’s gloomy forecast sent the pound down but it rose again – despite the threat of recession

January 2019

  • Colette Bowe (left) and Jayne-Anne Gadhia

    Treasury appoints two women to senior roles at Bank of England

    Jayne-Anne Gadhia and Colette Bowe chosen after Bank took criticism for lack of diversity

December 2018

  • Pedestrians shelter under umbrellas in front of the Royal Exchange and the Bank of England in London.

    Bank of England to cut staff expenses after £390,000 travel bill row

    Allowances made public for first time and policy will come into force in March 2019

October 2018

  • The front facade of the Bank of England, Threadneedle Street, London.

    Bank of England raises alarm over surge in high-risk lending

    Central bank draws parallels to 2008 financial crisis in warning about leveraged loans

June 2018

  • Mark Carney,  the Bank of England governor

    Mark Carney defends 'staggering' Bank of England expenses bill

  • The Bank of England is partly funded by taxpayers.

    MPs question Bank of England expenses over £390,000 travel bill

November 2017

  • Pedestrians pass an RBS branch

    High street banks 'can cope with disorderly Brexit'

    Lenders pass Bank of England stress tests but, for RBS and Barclays, only because they have already raised extra funds

June 2017

  • credit cards

    UK banks ordered to hold more capital as consumer debt surges

    Bank of England brings forward annual stress tests as it grows anxious over lenders’ exposure to consumer credit

March 2017

  • Larry Elliott

    UK wages will soon lag behind prices – will the Bank take action?

    Larry Elliott
    Mark Carney appears unconcerned about inflation, but he will have to justify his inactivity as real incomes fall

October 2016

  • Margaret Hodge - cropped version

    Margaret Hodge tells Owen Jones: 'The Tories may create tax haven conditions in the UK' – video interview

    Maragaret Hodge tells Owen Jones she fears the government will create tax haven-style conditions in the UK in the post-Brexit era

July 2016

  • A NatWest bank

    NatWest paves way for introduction of negative interest rates

    Bank warns business customers it may have to charge to accept deposits but says it has no plans to do so for personal accounts
  • workers pictured late at night in an office block

    Bank of England was warned about Brexit property fund problems

    Documents show FCA twice told Bank about potentially serious outflows from commercial property trusts and that funds could be suspended
  • Bank of England governor Mark Carney speaks during the financial stability report news conference

    Bank of England releases £150bn of lending amid warnings on stability

    In Mark Carney’s third statement since the referendum, he relaxes banking sector rules to free up lending to households and businesses

June 2016

  • Mark Carney.

    Financial watchdogs need more bite to bring shadow banking to heel

    Phillip Inman
    Bank of England boss Mark Carney should listen to those who fear regulators need to do more to stop continued bad practice in the financial sector

May 2016

  • Pound coins

    Bank of England policymaker takes aim at free accounts

    Industry’s determination to maintain fee banking allows worse-off to subsidise affluent, says Martin Taylor

March 2016

  • The Bank of England

    Bank of England warns that vote to leave EU risks a credit crunch

    Financial policy committee also warns of possible run on sterling and higher interest rates for mortgages in boost for remain side
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