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Mark Carney has said that areas of the UK economy were not firing at rates that were consistent with world economic growth of 4%

Bank of England chief eyes headwinds for UK economy

The Bank of England Governor has made a staunch defence of the institution's economic forecasts, saying the UK economy is still facing "headwinds" following the Brexit vote.

Business • 31 Jan 18

No rate changes from Bank of England today

Bank of England says risk of disorderly Brexit reduced

Last week's breakthrough in Brexit talks has reduced the risk of Britain leaving the European Union in a disorderly way, the Bank of England said today.

Business • 14 Dec 17

Marl Carney has long argued that a transition deal would help smooth Britain's exit from the EU

Need for Brexit transition seen in UK & Europe - Carney

Bank of England Governor Mark Carney said today there was a broad understanding in Britain and in Europe of the importance of reaching a transition deal for Brexit and a good trade and investment deal after that.

Business • 16 Nov 17

Fed chief Janet Yellen, ECB chief Mario Draghi and Bank of England's Mark Carney at the event in Frankfurt today

Central bankers vow to talk investors out of easy money

Four of the world's top central bankers promised today to keep openly guiding investors about future policy moves as they slowly withdraw the huge monetary stimulus rolled out during the financial crisis.

Business • 14 Nov 17

Sterling rises against both the dollar and the euro today

Sterling gains capped by Brexit uncertainty

The pound bounced today after three consecutive weeks of losses, though signs of instability in Britain's governing Conservative party and uncertainty around Brexit negotiations checked gains.

Business • 06 Nov 17

It is the first time in more than ten years the BoE has increased its rate

Bank of England hikes rates for first time in a decade

The Bank of England has raised interest rates for the first time in more than ten years today and said it expects only "very gradual" further increases will be needed over the next three years.

News • 02 Nov 17

S&P said that comments from the Bank of England seemed designed to push up sterling and cool inflation

BoE talking up sterling to fight inflation - S&P

Ratings agency Standard & Poor's said it was "a bit sceptical" that Britain's economy needed an interest rate increase soon.

Business • 04 Oct 17

Mark Carney said the UK's economic prosperity would hinge on the final arrangements for its divorce with the EU

BoE can't be expected to nullify Brexit hit to economy

Governor Mark Carney said today that the Bank of England could not be expected to nullify the likely hit to the economy from Brexit.

Business • 28 Sep 17

Bank of England Governor Mark Carney said UK interest rates rises in coming months would be limited and gradual

Sterling pressured after Carney's comments on rates

Sterling slipped against the dollar today with the currency remaining under pressure after a nearly 1% slide on comments from Bank of England governor Mark Carney.

Business • 19 Sep 17

Carney IMF speech halts sterling's advance

Sterling slid nearly 1%, retreating from its highest level since the Brexit vote, after Bank of England Governor Mark Carney said any coming interest rate rises would be limited and gradual.

Business • 18 Sep 17

Bank of England Governor Mark Carney is facing high UK inflation

UK rate hike likely in 'coming months' if prices rise

Bank of England policymakers said their first interest rate rise in over a decade was likely to be needed in the "coming months" if the economy keeps growing and inflationary pressures continue to build.

Business • 14 Sep 17

Shortly after 2pm the euro had risen 0.8% on the pay against the pound, reaching £0.9034

Euro hits nine-month high against sterling

The euro has hit a nine-month high against sterling today, after the Bank of England voted in favour of keeping interest rates at their record lows and revised down its growth and inflation forecasts for the United Kingdom.

Business • 03 Aug 17

Bank of England Governor Mark Carney has noted that UK consumer borrowing was rising far faster than incomes

UK mortgage approvals and consumer lending accelerate

UK consumer borrowing and mortgage lending gathered momentum last month, suggesting economic growth will beat a weak start to 2017 as the Bank of England considers when to start to raise interest rates.

Business • 29 Jun 17

Bank of England Governor Mark Carney said UK businesses might soon need to activate Brexit contingency plans

Carney says now not the time to raise rates

Now is not the time to raise interest rates, Bank of England Governor Mark Carney said today, warning of weak wage growth and a likely hit to incomes as Britain prepares to leave the European Union.

Business • 20 Jun 17

Bank of England Governor Mark Carney was one of the bank's policymakers who voted to leave rates unchanged

Bank of England surprises with 5-3 split on rates

The Bank of England's Monetary Policy Committee came its closest to voting for a rate rise since 2007 this week.

Business • 15 Jun 17

Industrial disputes at the Bank of England are rare.

Bank of England faces strike action over pay

Staff at the Bank of England will begin voting today on whether to hold a strike this year in protest at below-inflation pay rises, union sources told Reuters.

Business • 01 Jun 17

Bank of England Governor Mark Carney has warned of 'twists and turns' on the road to Brexit

UK rates may need to rise before late 2019, says BoE

The Bank of England said today it may need to raise interest rates before the late 2019 date markets had been expecting

Business • 11 May 17

Bank of England Governor Mark Carney said that banks have to be ready for 'hard Brexit'

Carney calls for UK-EU bank rules pact after Brexit

The Bank of England Governor has called for Britain and the European Union to reach a sweeping deal to recognise each others' bank rules after Brexit or risk a potentially damaging hit to financial services across Europe.

Business • 07 Apr 17

Bank of England Governor Mark Carney has said he does not believe leaving the EU was the biggest threat to UK financial stability

Bank of England to check banks ready for Brexit outcome

UK banks need to prepare for a wide range of potential outcomes and avoid sudden changes to lending as the country gets ready to leave the European Union, Bank of England policymakers said today.

Business • 27 Mar 17

Bank of England chief Mark Carney had set an inflation target of 2%

UK inflation shoots past Bank of England target

UK inflation last month shot past the Bank of England's 2% target for the first time since the end of 2013 and looks set to climb further due to the Brexit hit to the pound and rising global oil prices.

Business • 21 Mar 17

Bank of England Governor Mark Carney sees first split on the Monetary Policy Committee since July of last year

No change from Bank of England on UK rates

A Bank of England policymaker unexpectedly voted to raise interest rates this week and some among the majority who kept them at a record low felt it would not take much for them to follow suit.

Business • 16 Mar 17

Charlotte Hogg's resignation letter was made public today

Hogg quits as Bank of England deputy governor

The Bank of England's newly-appointed deputy governor has resigned after coming under fire for breaking the Bank's code of conduct by failing to declare that her brother worked for Barclays.

Business • 14 Mar 17

Bank of England has today upgraded its forecast for UK economic growth for the next three years

Bank of England boosts UK growth forecasts

The Bank of England boosted its forecast for UK growth in 2017 as some rate-setters were more nervous about rising inflation.

Business • 02 Feb 17

Bank of England's Mark Carney said Brexit is a greater threat to financial stability in Europe than in the UK

'Scale of risks around Brexit' has gone down - BoE

Brexit no longer poses the single biggest risk to financial stability, the Governor of the Bank of England has said.

Business • 11 Jan 17

Britain's economy has performed far better than expected since the country voted in June to exit the European Union

Forecasting 'in crisis' on Brexit - BoE economist

Economic forecasting "is to some degree in crisis", the Bank of England's chief economist has said after it misjudged the fallout from Britain's vote in favour of Brexit.

Business • 06 Jan 17