The deputy governor for banking and markets argued another cut would help ensure a slowdown "doesn’t turn into something more pernicious”
Loan approvals down by a fifth on a year earlier in August, says BBA report
Collectors have realised that £5 that have come off the first press could be worth a small fortune
A member of the Bank of England’s nine-person Monetary Policy Committee has indicated she is not inclined to vote to cut interest rates still further later this year, citing the better than expected performance of the economy in the wake of the Brexit vote.
'They say you can do a lot with the new plastic fivers. How about donating it to charity?'
The institution now expects 1 per cent GDP growth in 2017, down from 2 per cent in its June forecasts
Could the UK follow other countries in ditching its lowest denomination coin?
The Governor of the Bank of England told children that the toughest day at his job so far was the night the UK voted to leave the EU
Consumer prices rose 0.6 per cent in the year to August, unchanged from July. But producer input prices jumped by 7.6 per cent
A spilled drink should have a little effect on the new notes, which can be wiped clean and will even survive a standard laundry cycle with 'minimal damage'
Deputy governor for markets and banking is to take up ‘dream job’ as director of the London School of Economics
Q&A: Everything you need to know about the new fiver
‘The incidence of financial sector misconduct has risen to a level that has the potential to create systemic risks by undermining trust in both financial institutions and markets,’ Mr Carney has told the G20
Some saving account providers made cuts up to five times larger than the Bank of England base rate reduction last month. And experts warn there is more pain to come.
'We are now in a better position to rebalance the UK economy'
Economists see inflation accelerating above 3 per cent next year, eroding the spending power of British households