The role of the Bank of England - Part 3: Controlling Spending

A look at the Bank of England’s roles and responsibilities. Keeping on an even keel; why a safe and stable financial system matters to the UK economy and how the central bank contributes to achieving them. 

The role of the Bank of England - Part 2: Prices and the value of your money

Why low inflation and a safe and stable financial system matter to the UK economy and how the Bank contributes to achieving them.

The role of the Bank of England - Part 1: Money

Keeping on an even keel: the role of the Bank of England is a short film that uses nautical metaphors and animation to explain the Bank's roles and responsibilities in an accessible, imaginative and entertaining way.

The film is divided into seven short modules, which provide a simple guide to the Bank's monetary policy and financial stability roles. They explain why low inflation and a safe and stable financial system matter to the UK economy and how the Bank contributes to achieving them.

Part 1 looks at money.

More banks are closing as digital banking booms

British bank branch closures are continuing apace, according to the BBC.

New research by Which?, the leading UK consumer organization, has shown that 1,045 branches have closed in the last two years — HSBC closed 27% of its branches, while Lloyds closed 14%. The smaller Co-operative Bank closed a whopping 53% of its branches.

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Europe - How it all hangs together

This diagram puts all of Europe's pacts and treaties into one understandable diagram.

The vultures are circling: EU states eye up London's finance crown

From Finextra –
“As states across Europe eye up London's business riches and tout their EU-friendly fintech credentials, German centre-right political party Freie Demokraten is taking a cheekily direct approach, driving a giant billboard truck into the heart of the capital emblazoned with an invite for Brexit-scarred startups to move to Berlin.”

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