14/06/2013
Deputy Gov Of BoE To Stand Down After 33 Years
The Deputy Governor of the Bank of England, Paul Tucker, is to step down from his post at the financial institution.
Tucker, who has been at the bank for 33 years, was one of the candidates to succeed Sir Mervyn King as Governor.
Reporting on his departure, the BBC quoted Tucker as saying: "It has been an extraordinary honour to serve at the Bank of England over the past thirty years.
"I am very proud that, through the Bank and the wider central banking community, I have been able to make a contribution to monetary and financial stability."
Sir Mervyn King said: "Paul's contribution to the Bank, to monetary policy, and more generally to public policy, both in the UK and in the world as a whole, has been enormous."
(MH/CD)
Tucker, who has been at the bank for 33 years, was one of the candidates to succeed Sir Mervyn King as Governor.
Reporting on his departure, the BBC quoted Tucker as saying: "It has been an extraordinary honour to serve at the Bank of England over the past thirty years.
"I am very proud that, through the Bank and the wider central banking community, I have been able to make a contribution to monetary and financial stability."
Sir Mervyn King said: "Paul's contribution to the Bank, to monetary policy, and more generally to public policy, both in the UK and in the world as a whole, has been enormous."
(MH/CD)
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Bank Of England Maintains Bank Rate At 0.5%
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Bank Of England Maintains Bank Rate At 0.5%
The Bank of England’s Monetary Policy Committee today voted to maintain the official Bank Rate paid on commercial bank reserves at 0.5%. The Committee also voted to maintain the stock of asset purchases financed by the issuance of central bank reserves at £200 billion. The previous change in Bank Rate was a reduction of 0.5 percentage points to 0.
Bank Of England Maintains Bank Rate At 0.5%
The Bank of England’s Monetary Policy Committee today voted to maintain the official Bank Rate paid on commercial bank reserves at 0.5%. The Committee also voted to maintain the stock of asset purchases financed by the issuance of central bank reserves at £200 billion. The previous change in Bank Rate was a reduction of 0.5 percentage points to 0.
05 November 2015
Interest Rates To Remain Unchanged – BoE
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Interest Rates To Remain Unchanged – BoE
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Northern Ireland WeatherToday:A showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.