Few events in the life of
The Old Lady of Threadneedle Street, as the Bank of England is affectionately known, are as significant as the appointment of a new Governor.
The old Lady of Threadneedle Street: the bank of England
The Old Lady of Threadneedle Street spent PS3,324 on a retirement reception for the ex-monetary policy committee (MPC) member, who stepped down on August 8.
Lavish party a 'slap in the face' for many savers
If Carney and Osborne target the UK home mortgage market with loan-to-market value caps at a time when oil prices go ballistic,
the Old Lady of Threadneedle Street is now on tight money alert.
1.70 sterling target finally achieved
Some expect
the Old Lady of Threadneedle Street to move as early as August this year; others don't expect UK rates to rise until 2012.
TRADING SUMMARY
Which financial institution is nicknamed
the Old Lady of Threadneedle Street? 2.
pub quiz
After all,
the Old Lady of Threadneedle Street is nowhere near as adventurous (or rash?) as her US counterpart, the Federal Reserve, which has been slashing rates with the determination of a gardener clearing his plot of an influx of weeds.
The BIRMINGHAM POST: Rate cut's a done deal - but without any extravagance
The Old Lady of Threadneedle Street is legally immune from being sued for negligence, and the liquidators - accountants Deloitte Touche Tohmatsu - are aiming to prove "bad faith" and dishonesty on the part of supervisory staff.
Bank facing pounds 1bn BCCI action