The Bank of England appears in its November inflation report to reassess the significance of house prices for the economy and its role in consumption, particularly as collateral for bank borrowings

UK government bond prices surged to record levels as the Bank of England's £75bn plan to expand the money supply sharply boosted sentiment

A Conservative government would seek to control house prices by giving the Bank of England new powers to deflate "bubbles" in the housing market George Osborne has said.

Charlie Bean, Deputy Governor of the Bank of England, wants to cap mortgages to value. By the Bank’s diktat borrowers would have to put down a deposit of between 10% and 25% when they buy a house. Perhaps this is...

From The FT: Reasons to scrap Bank base rate in favour of Libor Sir, The Bank of England base rate does not appear to be connected to anything. It is decoupled, we are told, from UK Treasury influence, it does not seem to be reflected in high street bank borrowing and lending prices, nor does it appear to be correlated with the wholesale London interbank offered rate (Libor). Sometimes it is above...

1. Has the Bank either recently commissioned designs for, or sought approvals for, new high denomination banknotes of greater value than £50? (e.g. £100, £500 or £1,000 notes) 2. What is the anticipated lead time in bringing a new bank note to press? 3. Does the Bank have in place contingency plans in the event of having to print very large numbers of new high denomination ...

Lowest in the Bank’s history I suppose after the failed 10p tax rate plan, bank bail outs, and the invisible VAT Cut, the government had little option left (by the way, we are still meant to believe that the Bank of England is completely independent). If this final attempt to lever the consumers and businesses of

I see that UK house prices could plunge a further 30 per cent in the property market crisis, a key member of the Bank of England has warned.The assessment from David Blanchflower, a member of the Bank's interest rate-setting committee, would mean about £55,000 being wiped from the value of the average home, currently £180,350. At this level, house prices would return to the levels of 2003, a disas...

A sign of the financial crisis times: over the weekend, I took advantage of Open House London to visit various properties that are normally closed to the public (including the modern house on my street - hello neighours!). Chatting to a friend who also visited various properties, I discovered that the Bank of England had

Actually, they would give the Bank of England new powers to do so, but it amounts to the same thing. Except that the Conservative Party would be able to blame the MPC for any deficiencies in government policy by concealing its fiscal failures beneath the corpses of a succession of governors of the Bank of England. Shadow Chancellor George Osborne says on the one hand that ‘government should ...