Bank Of England

Banks braced for verdict on tougher stress tests tonight

Britain’s banks will tonight learn whether they have passed tough Bank of England stress tests, after the collapsed bank HBOS was told it had “less than” a 1 in 100,000 chance of failing those imposed by the then regulator just three years before its near-collapse.

Mark Carney's thoughts on EU membership deserve a hearing

It has long been a convention that governors of the Bank of England should not be political creatures – or, at least, should not think aloud about areas of public policy that are deeply party political. Hence the criticism levelled at Governor Mark Carney, not least by former Chancellor Lord Lawson, for his supposed “wading in” to the debate on Britain’s continued membership of the European Union.

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