Bank of England
Govt sticks to austerity path in budget
Mar 20, 2013 22:47 EDT
The government will stick firmly to a barrage of austerity measures, Chancellor of the Exchequer George Osborne insisted in a budget that also slashed economic growth forecasts, while offering plans to boost the weak economy as the eurozone crisis reignites.
Britain sticks to austerity path in budget
Mar 20, 2013 21:49 EDT
Britain will stick firmly to a barrage of austerity measures, finance minister George Osborne insisted in a budget that also slashed economic growth forecasts, while offering plans to boost the weak economy as the eurozone crisis reignites.
London shares fall
Mar 20, 2013 13:21 EDT
London shares closed lower on Wednesday as the government announced its intention to stick firmly to a barrage of austerity measures while unveiling the budget.
Osborne retains BoE inflation target
Mar 20, 2013 11:56 EDT
George Osborne refrained from altering the Bank of England's inflation target on Wednesday, despite concerns that GDP would be a more sensible measure, but gave it more leeway to boost economic growth.
Budget: Osborne sticks to austerity path
Mar 20, 2013 11:42 EDT
Britain will stick firmly to a barrage of austerity measures, George Osborne insisted Wednesday in a budget that also slashed economic growth forecasts, while offering plans to boost the weak economy as the eurozone crisis reignites.
Britain readies for fresh austerity budget
Mar 20, 2013 08:13 EDT
British finance minister George Osborne was Wednesday set to stick firmly to the government's controversial austerity plan when he presents his annual budget to parliament despite a promise to spend on infrastructure.
BoE boss calls for more stimulus
Mar 20, 2013 07:22 EDT
Bank of England governor Mervyn King has repeated an earlier call for more quantitative easing stimulus cash, minutes of a recent policy meeting showed on Wednesday.
Osborne to unveil fresh austerity budget
Mar 20, 2013 06:27 EDT
George Osborne was Wednesday set to stick firmly to the government's controversial austerity plan when he presents his latest annual budget to parliament despite a promise to spend on infrastructure, as Britain sails close to another recession.
Govt to unveil tough new budget
Mar 20, 2013 04:15 EDT
The government was Wednesday set to unveil plans to grow Britain's recession-threatened economy, despite insisting on greater state savings as it struggles to meet its deficit-reduction target.
Newspapers rail against new regulation deal
Mar 19, 2013 23:20 EDT
Newspapers railed against a new system of press regulation agreed by political leaders, which the biggest media groups have warned raises "deeply contentious issues".
Gov't to unveil tough new budget
Mar 19, 2013 23:12 EDT
The government was Wednesday set to unveil plans to grow the country's recession-threatened economy, despite insisting on greater state savings as it struggles to meet its deficit-reduction target.
Britain awaits tough new budget
Mar 19, 2013 23:04 EDT
Britain's government was Wednesday set to unveil plans to grow the country's recession-threatened economy, despite insisting on greater state savings as it struggles to meet its deficit-reduction target.
British newspapers rail against new regulation deal
Mar 19, 2013 17:38 EDT
Britain's newspapers on Tuesday railed against a new system of press regulation agreed by political leaders, which the biggest media groups have warned raises "deeply contentious issues".
UK newspapers rail against new regulation deal
Mar 19, 2013 08:12 EDT
Britain's newspapers on Tuesday railed against a new system of press regulation agreed by political leaders, which the biggest media groups have warned raises "deeply contentious issues".
UK inflation climbs to 2.8% in February
Mar 19, 2013 06:39 EDT
British 12-month inflation rose to 2.8 percent in February on the back of rising domestic energy costs and transport prices, official data showed on Tuesday.
Press wants time to study 'contentious' media plan
Mar 19, 2013 05:20 EDT
Representatives of the British media have said the industry needs time to study a "deeply contentious" plan agreed by MPs for a tough new press regulator, warning the move threatened three centuries of press freedom.
UK press wants time to study 'contentious' media plan
Mar 18, 2013 23:55 EDT
Britain's media said it needed time to study a "deeply contentious" plan agreed by lawmakers for a tough new press regulator, warning the move threatened three centuries of press freedom.
MPs strike deal on new press watchdog
Mar 18, 2013 20:50 EDT
Newspapers vowed to scrutinise a deal struck by politicians on a tough new press regulator, which they warn threatens 318 years of press freedom.
British MPs strike deal on new press watchdog
Mar 18, 2013 20:48 EDT
Britain's newspapers vowed to scrutinise a deal struck by politicians on a tough new press regulator, which they warn threatens 318 years of press freedom.
British parties strike deal on new press watchdog
Mar 18, 2013 17:26 EDT
Britain's newspapers on Monday vowed to scrutinise a deal struck by politicians on a tough new press regulator, which they warn threatens 318 years of press freedom.
Facts from the Wikipedia page:
| Bank of England | |||||
| |||||
| Headquarters | Threadneedle Street, London EC3 | ||||
|---|---|---|---|---|---|
| Coordinates | 51°30′51″N 0°05′18″W / 51.51406°N 0.08839°WCoordinates: 51°30′51″N 0°05′18″W / 51.51406°N 0.08839°W | ||||
| Established | 27 July 1694 | ||||
| Governor | Mervyn King | ||||
| Central Bank of | United Kingdom | ||||
| Currency | Pound sterling | ||||
| ISO 4217 Code | GBP | ||||
| Base borrowing rate | 0.5%[1] | ||||
| Website | http://www.bankofengland.co.uk | ||||
| Succeeded by | Currency Commission (Republic of Ireland only) | ||||
