The Bank of England has announced that: The Bank of England and HM Treasury have today announced the joint creation of a Central Bank Digital
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The changing ownership of government debt
The Debt Management Office of the UK government has issued new data showing the changing profile of the ownership of UK government debt: In 2004
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What to say about Greensill?
The ‘did Sunak help Greensill at Cameron’s request?’ or not, saga seems to be keeping some parts of the news industry happy this morning. Fir
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Why the government bonds owned by the Bank of England are not a debt burden, even when they’re repaid
I received this email very recently, and share it with the author’s permission: Hi Richard, Hope you’re well. After reading some of your articles and
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Why do we need a new £50 note?
The Bank of England has today issued a press release concerning the new £50 note. In it they say: Today, Governor Andrew Bailey unveils the
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The Bank of England has always been over-optimistic about the UK economy, and it is being dangerously so now
I promised myself that I would not write a blog post today. And then I read the speech Andy Haldane, Chief Economist at the Bank
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The Bank of England has to be subject to political accountability. For it to be otherwise is a threat to the very core of our democratic process.
Andrew Bailey delivered one of his usual speeches that included little link to reality on Friday. He began by saying: It is fast approaching twenty
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Negative interest rates are coming, but there is no chance that they will work
As The Guardian and many other newspapers reported yesterday, the Bank of England yesterday announced that it was preparing the ground for negative official interest
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Andrew Bailey’s priorities might need realignment
As the FT has reported this morning: Bank of England governor Andrew Bailey did not provide “an adequate reason or excuse” for failures to protect
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Richard Murphy
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