Menu
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)
Related UK National News Stories
Click here for the latest headlines.
11 December 2008
Blanchflower To Step Down From Bank Of England's MPC
Bank of England policymaker David Blanchflower has announced he will step down at the end of May next year. Chancellor Alistair Darling told MPs yesterday that Mr Blanchflower will not serve a second term in office of the bank's Monetary Policy Committee (MPC).
Blanchflower To Step Down From Bank Of England's MPC
Bank of England policymaker David Blanchflower has announced he will step down at the end of May next year. Chancellor Alistair Darling told MPs yesterday that Mr Blanchflower will not serve a second term in office of the bank's Monetary Policy Committee (MPC).
07 November 2013
Bank Of England Maintains Bank Rate At 0.5%
The Bank of England's Monetary Policy Committee has 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 £375bn.
Bank Of England Maintains Bank Rate At 0.5%
The Bank of England's Monetary Policy Committee has 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 £375bn.
05 November 2015
Interest Rates To Remain Unchanged – BoE
The Bank of England (BoE) has voted to keep interest rates at 0.5%, it has been announced. It is understood the Bank's Monetary Policy Committee voted to keep the record-low rate the same, by a vote of 8 to 1. Economists had predicted that interest rates would not rise this month.
Interest Rates To Remain Unchanged – BoE
The Bank of England (BoE) has voted to keep interest rates at 0.5%, it has been announced. It is understood the Bank's Monetary Policy Committee voted to keep the record-low rate the same, by a vote of 8 to 1. Economists had predicted that interest rates would not rise this month.
17 June 2008
Consumer Inflation Has 'Risen Sharply', Says Bank Of England
The Governor of the Bank of England has written a letter of explanation to the Chancellor over the rising inflation figure. The inflation rate has soared to more than 3.3% - well above the Government's target of 2% - in figures released today.
Consumer Inflation Has 'Risen Sharply', Says Bank Of England
The Governor of the Bank of England has written a letter of explanation to the Chancellor over the rising inflation figure. The inflation rate has soared to more than 3.3% - well above the Government's target of 2% - in figures released today.
05 May 2011
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.
-
Northern Ireland WeatherToday:After a dry start this morning rain will spread from the northwest across all parts. This afternoon will be dull with some patchy rain and drizzle. Becoming much milder through the afternoon. Maximum temperature 11 °C.Tonight:A cloudy evening and night with a little light rain or drizzle, perhaps some clear periods developing along the east coast. A very mild night everywhere. Minimum temperature 10 °C.
