Gold has been one of the standout performers during 2020, rising from around $1500 an ounce to a whopping $2075 an ounce in August. However, with the precious metal having broken out of previous all-time…
BOE: Bank Rate maintained at 0.1% – August…
The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. In that context, its challenge at present…
Financial Policy Summary and Record – August 2020
Our Financial Policy Committee (FPC) meets to identify risks to financial stability and agree policy actions aimed at safeguarding the resilience of the UK financial system. The Financial Policy Committee (FPC) aims to ensure the…
The Bank of England appoints Accenture as the…
This follows a public procurement process which commenced in February 2019. The Bank of England will work with Accenture to develop and build this new world class payments service. RTGS is a critical piece of…
Bank of England: The Working Group on Sterling…
Minutes of the Working Group on Sterling Risk-Free Reference Rates Thursday 14 th May 2020 Virtual meeting Agenda 1. Standing items a. Welcome & introductions b. Competition law reminder c. Minutes of previous meeting 2.…
Bank of England: Statistical Notice 2020/06
1. Reporting of loans made under government coronavirus loan schemes on the Form PL This statistical notice provides guidance to reporters about how interest receivable on loans made under the three government coronavirus loan guarantees…
Money Markets Committee Minutes – Bank of England
Item 1. Bank of England Introductory remarks The Chair thanked members of the Committee for their time and welcomed John Argent, UK Business Manager at Tradition, to the Money Markets Committee. Item 2. Review minutes…
Bank of International Settlements selects Bank of England…
As announced today, the Bank of England has been selected to host a centre of the Bank of International Settlements (BIS) Innovation Hub. This UK centre will support the global central banking and finance community…
The Climate Financial Risk Forum publishes its guide…
Today the Climate Financial Risk Forum (CFRF) has published a guide written by industry for industry to help firms approach and address climate-related financial risks. The guide, the first of its kind, provides practical recommendations to firms…
