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Home > Archive > The Bank of England - 2016

The Bank of England - 2016

Governor - Mark Carney The Bank of England in the 

21st century
Deputy Governors - Ben Broadbent (Monetary policy) | Sir Jon Cunliffe (Financial stability) | Andrew Bailey (Prudential regulation - until June) | Sam Woods (Prudential regulation - from July) | Minouche Shafik (Markets and Banking) | Charlotte Hogg (Chief Operating Officer)
Inflation Report  - February | May | August | November
Financial Stability ReportJuly | November
Quarterly BulletinQ1 | Q2 | Q3 | Q4

Key events in 2016

31 October

In a letter to the Chancellor, published this evening (Monday 31 October), the Governor said he would extend his term to the end of June 2019.

See news release

Mark Carney

14 October

On Friday 14 October 2016, the Bank of England hosted Future Forum. This event brought together people from different sectors of the community to discuss our role in promoting the good of the people of the United Kingdom in times of uncertainty.

See full details

Future Forum

13 September

The Bank of England’s first polymer note – the new £5 featuring Sir Winston Churchill – entered circulation on Tuesday 13 September.

See news release

Image from the new fiver

4 August

At its meeting ending on 3 August 2016, the MPC voted unanimously to cut Bank Rate to 0.25%. The Committee also voted for a package of measures designed to provide additional support to growth and to achieve a sustainable return of inflation to the target.

24 June

Bank of England Governor Mark Carney’s statement following EU referendum result

Read the full statement

2 June

Bank of England Governor Mark Carney unveiled the design of the new £5 note, which will be issued on 13 September 2016.

22 April 
Bank of England Governor, Mark Carney, announced that J.M.W. Turner will appear on the next £20 banknote due to be issued by 2020.

8 April

HM Treasury has announced that Her Majesty The Queen has agreed, on the recommendation of the Chancellor and Prime Minister, to appoint Sam Woods as Deputy Governor for Prudential Regulation and Chief Executive of the Prudential Regulation Authority.

20 January

The Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) have today launched the New Bank Start-up Unit.

News releases and speeches from 2016