The Bank of England has appointed Ernst and Young LLP (EY) as its external auditor from the financial year ending 28 February 2025. Read More...
View articleThe Bank of England maintains the interest rate at 5.25%, reflecting optimism for economic recovery and potential future rate cuts, amidst signs of ea...
View articleInterest rate hike to lead to more business turbulence, argue accountants Read More...
View articleThe Bank’s interest rate cut to 0.25 percent comes amid a list of incentives for SMEs Read More...
View articleMark Carney joined the Bank of England as governor on 1 July 2013 having had his appointment approved by the Queen on 26 November 2012 Read More...
View articleAuditors will have to submit annual reports to central bank's Prudential Regulation Authority under proposals Read More...
View articleBig Four firm takes on efficiency review as new Bank of England COO charged with leading strategic plan Read More...
View articleThe Bank of England's recent Financial Stability Report touches on loss provisioning, currently the subject of much debate among IFRS experts Read Mor...
View articleSpecial Resolution Unit seeks accounting or insolvency experience for financial institution risk role Read More...
View articleThe Bank moves to create guidelines for communicating with the Big Four auditors of the main banks Read More...
View articleAuditors could be asked to report suspect accounting to regulators Read More...
View articleAcademic says banks should be audited by the Bank of England or FSA but not the private sector Read More...
View articleLord Edward George, Accountancy Age Awards judge and former governor of the Bank of Scotland, has swapped the world of finance for a more philanthro...
View articleThe Bank of England has decided to bypass the most onerous demands of controversial standard IAS39 Read More...
View articleThe UK's central bank, which had engaged PwC in the auditor's role for more than 85 years, pays KPMG £640,000 for its maiden audit and other services...
View articleHuge earnings by private equity and hedge fund execs find support from Sir John Gieve Read More...
View articleBank hires Warwick Jones, former chief operating officer at Singer & Friedlander Read More...
View articleFirst time on record that Bank has changed auditors Read More...
View articleBank of England switches auditor after 86 years Read More...
View articleWidely predicted move is designed to stimulate consumer spending Read More...
View articleThe Bank of England's deputy governor today waded into the highly charged debate on IAS39, a new accounting rule that will impact banks' bottom line, ...
View articleThe Bank of England has been accused of 'knowingly or recklessly' failing in its supervisory role over the failed bank BCCI, by lawyers acting on beha...
View articleLiberal Democrat Treasury spokesman Lord Oakeshott - a senior City fund manager - has made a spoof application for appointment as deputy governor of t...
View articleThe last accountant remaining in the Bank of England, David Clementi, is to stand down on Friday without a nominated successor for his position as dep...
View articleAfter a groundbreaking ruling by the House of Lords, creditors represented by Deloitte & Touche are to sue the Bank of England over its role in s...
View articleA House of Lords ruling today paved the way for a year-long trial in which the liquidator of Bank of Credit and Commerce International will bring a cl...
View articlePricewaterhouseCoopers has beaten off Big Five rivals to retain its prestigious Bank of England audit. The bank launched the competitive tender earlie...
View articleThe Bank of England is backing proposed accounting changes for UK banks despite reluctance from many within the banking industry. Read More...
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