Bank of England

News and overview for Bank of England

Three-way split at Bank of England - MarketWatch
MarketWatch | 4 days 17 hours 55 minutes ago
Seven members of the bank's Monetary Policy Committee, including Governor Mervyn King, voted in favor of the plan to boost the size of the program by 25 billion pounds ($42 billion) to a total of 200 billion pounds.


Statements from Bank of England, ECB on decisions - MarketWatch
MarketWatch | 17 days 13 hours 35 minutes ago
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 continue with its program of asset purchases financed by the issuance of central bank reserves and to increase its size by 25 billion to 200 billion. See full story.


Bank of England forced to walk policy tightrope - MarketWatch
MarketWatch | 18 days 10 hours 56 minutes ago
The nine-member Monetary Policy Committee is seen as virtually certain to leave its key lending rate unchanged at a record low of 0.5%, where it has stood since March.


Bank of England boosts quantitative easing program - MarketWatch
MarketWatch | 17 days 15 hours 33 minutes ago
Economists had widely expected an increase in the program of asset purchases by 25 billion to 50 billion pounds, but had warned that a decision to put asset purchases on hold couldn't be ruled out. The move brings the total size of the program to 200 billion pounds.


Bank of England: No changes on rates, asset buys - MarketWatch
MarketWatch | 45 days 16 hours 51 minutes ago
Both outcomes were widely anticipated. While doubts remain over the effectiveness of the BOE's 175 billion pound ($278 billion) program of asset purchases, the central bank's Monetary Policy Committee has signaled it would prefer to hold off on changes until its next quarterly inflation report in November.


BOE split 3 ways over size of asset-purchase plan - MarketWatch
MarketWatch | 4 days 18 hours 17 minutes ago
Raiffeisen raised to neutral at Goldman Sachs


U.K. government targets bank pay in Queen's Speech - MarketWatch
MarketWatch | 4 days 14 hours 1 minute ago
Opposition leaders branded the Queen's Speech, written by the government and delivered by Queen Elizabeth II in the House of Lords, as pre-election grandstanding.


ECB, Bank of England - MarketWatch
MarketWatch | 45 days 12 hours 24 minutes ago
Exactly a year ago today, the unprecedented happened: Central banks from across the world agreed to cut interest rates, simultaneously, to prevent the global financial system from spiraling toward collapse. Now, the time will arrive -- just not in the here and now -- when these same banks move to tighten monetary policy to tamp down inflation.


Swedish central bank discontinues dollar loans - MarketWatch
MarketWatch | 3 days 15 hours 37 minutes ago
Williams-Sonoma turns to 7-cents-a-share profit


Slow rate hikes of '04 may haunt Fed: Bullard - MarketWatch
MarketWatch | 4 days 12 hours 25 minutes ago
Simon reportedly mulls General Growth bid


Allied Irish Banks increases bad debt forecast - MarketWatch
MarketWatch | 4 days 18 hours 17 minutes ago
The bank also said it expects to generate an underlying operating profit of 2 billion euros for the year, before the impact of bad-debt charges. In 2008 it reported an operating profit before provisions of 2.71 billion euros.


Raiffeisen raised to neutral at Goldman Sachs - MarketWatch
MarketWatch | 4 days 18 hours 17 minutes ago
Raiffeisen raised to neutral at Goldman Sachs


Sterling Slips After MPC Minutes Show 3 Way QE Split - MarketWatch
MarketWatch | 4 days 18 hours 17 minutes ago
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Company Overview


Company: Bank of England
Industry: Financial Services Regulatory Agencies
Website: http://www.bankofengland.co.uk

Key Numbers

Sales in U.S. Dollars (mil.) 87 (2008)
One-year % Growth in Sales 0.0 (2008)
Net Income in U.S. Dollars (mil.) 0 ()
One-year % Growth in Net Income 0.0 ()
Number of Employees 2,000 (2008)
One-year % Growth in Number of Employees 0.0 (2008)
Fiscal Year-End February