Mark Carney

Bank of England Predicts UK Living Standards Boost Ahead of Brexit

LONDON (AP) — Bank of England Governor Mark Carney sought Wednesday to quantify the short-term hit of Brexit to British households, but expressed hope that living standards will finally start to improve this year following a period of rising inflation.

UK Shopping Brexit Project Fear Consumer Confidence

UK Inflation Lower than Expected, Easing Rate Hike Prospects

LONDON (AP) — Consumer price inflation in Britain unexpectedly held steady in July at an annual rate of 2.6 percent, official figures showed Tuesday, in a development that may ease pressure on the Bank of England to raise interest rates at a time when the economy has slowed amid uncertainty over the country’s exit from the European Union.


Under Fire, Anti-Brexit Carney to Stay Extra Year at Bank of England

LONDON (Reuters) – Bank of England Governor Mark Carney said on Monday he will stay in his job for an extra year until the end of June 2019 to help smooth Britain’s departure from the European Union, but he will depart two years short of a full term.

Mark Carney

May Backs Carney to Stay on at Bank of England

Prime Minister Theresa May believes Bank of England governor Mark Carney is the best man for the job and should stay on in his role, May’s spokeswoman said on Monday, dampening speculation that he would quit.

(Reuters) - Prime Minister Theresa May believes Bank of England …

David Cameron’s Dodgy Honours List: A Fitting Epitaph For A Rubbish Regime

I can think of only two explanations for David Cameron’s dodgy resignation honours list, in which he has showered knighthoods and gongs on all manner of cronies, lickspittles and catamites, ranging from his wife’s fashion stylist to the Labour apparatchik who ran the mendacious and unsuccessful Remain campaign, and which one former cabinet minister has described as “sticking two fingers up” at the Tory party.


Bank Of England Eases Rules For Banks To Meet Brexit Challenge

The Bank of England took steps on Tuesday to ensure British banks keep lending and insurers do not dump corporate bonds in the “challenging” period that is likely to follow the country’s vote to leave the European Union.

Bank of England governor mark carney