Carney insists that Brexit has taken toll on UK economy Former Bank of England governor Mark Carney has doubled down on his claims Brexit has taken a toll on the pound and sparked higher inflation. Business • 04 Nov 22
Ex-BoE boss criticises UK Govt's plan to cut taxes Former Bank of England governor Mark Carney has criticised the new British government's plan to cut taxes for undercutting efforts by the central bank to … Business • 29 Sep 22
Mark Carney to join Stripe's board Mark Carney, former head of the UK and Canadian central banks, has joined the board of US digital payments company Stripe, days after the company … Business • 22 Feb 21
Former BoE chief Carney joins asset manager Brookfield Former Bank of England Governor Mark Carney has joined asset management company Brookfield as a vice chair and head of environmental, social and governance (ESG) … Business • 26 Aug 20
Bank of England cuts rates in shock move over virus The Bank of England unexpectedly cut interest rates by half a percentage point to 0.25% this morning in a move to bolster Britain's economy against … Business • 11 Mar 20
Virus outbreak will cause 'disruption, not destruction' Bank of England Governor Mark Carney said policymakers around the world are working on a "powerful and timely" response to the economic hit from coronavirus … Business • 03 Mar 20
Sterling rises as Bank of England and EU talks in focus Sterling rose against the dollar and the euro today as the UK's fractious trade talks with the EU and expectations of rate cuts to counter … Business • 03 Mar 20
Carney says business must come clean quickly on climate Bank of England Governor Mark Carney called on the world's businesses to publish strategies for cutting carbon emissions and adopting cleaner power sources by November. Business • 14 Feb 20
Bank of England keeps rates steady as it eyes pick-up The Bank of England kept interest rates steady today, saying signs that Britain's economy had picked up since December's election and that the global economy … Business • 30 Jan 20
Sterling holds near two-week lows The pound edged down against the dollar today, holding near two-week lows hit after outgoing Bank of England Governor Mark Carney signalled a possible rate … Business • 10 Jan 20
UK recovery 'not assured' despite reduced uncertainty The UK's economic recovery is "not assured" despite a drop in Brexit uncertainties, the Bank of England's outgoing governor Mark Carney said today. Business • 09 Jan 20
Carney says finance must act faster on climate change Financial services have been too slow to cut investment in fossil fuels, a delay that could lead to a sharp increase in global temperatures, Bank … Business • 30 Dec 19
Carney: economic firefighter at helm of Bank of England From Brexit to the global financial crisis, the Bank of England's departing governor Mark Carney is no stranger to fighting fires, and will soon switch … Business • 20 Dec 19
Andrew Bailey named new Bank of England Governor Britain's new government has today named Andrew Bailey as the next Bank of England Governor. Business • 20 Dec 19
Bank of England holds UK interest rates steady at 0.75% The Bank of England kept UK interest rates steady today, saying it was too soon to gauge how much Prime Minister Boris Johnson's election victory … Business • 19 Dec 19
Bank of England holds rate, tweaks UK growth forecasts Two Bank of England officials today unexpectedly voted to lower interest rates due to signs of a deeper economic slowdown. Business • 07 Nov 19
Bank of England's Saunders eyes rate cut on uncertainty The Bank of England may well need to cut interest rates in the likely scenario that high levels of Brexit uncertainty persist, policymaker Michael Saunders … Business • 27 Sep 19
Bank of England warns Brexit delay would hurt growth The Bank of England said Brexit uncertainty was causing slack to re-emerge in the UK economy and damaging productivity, and a failure to reach a … Business • 19 Sep 19
Estimate for worst-case Brexit GDP hit scaled back A worst-case no-deal Brexit would inflict less severe damage on Britain's economy than previously thought because of preparations undertaken since the end of last year, … Business • 05 Sep 19
IMF job? Ask me later, says Bank of England's Carney Bank of England Governor Mark Carney tried to bat away questions about whether he wants to succeed Christine Lagarde as head of the International Monetary … Business • 11 Jul 19
France denies Franco-German deal on Carney for IMF job France is still pushing for a European consensus around a candidate to run the International Monetary Fund, the finance ministry said last night. Business • 10 Jul 19
Ex-British finance chief Osborne eyes IMF role - media Former British finance minister George Osborne is lining up a bid to replace Christine Lagarde as head of the International Monetary Fund, UK newspapers reported … Business • 04 Jul 19
Carney dismisses Johnson claim on no-deal Brexit Bank of England Governor Mark Carney has dismissed a claim by Boris Johnson that Britain can avoid the hit of European Union trade tariffs in … Brexit • 21 Jun 19
Carney tells investors they are too relaxed on rates Bank of England Governor Mark Carney said investors were underestimating how much the bank could raise interest rates even as it kept borrowing costs on … Business • 02 May 19
Britain starts search for next Bank of England governor Britain's finance minister Philip Hammond began the search for a new governor of the Bank of England today. Business • 24 Apr 19