Bank of England
As part of a technical cooperation scheme funded by the UK Government, Bank of England staff are sharing UK experience on analysing, managing and understanding the effects of climate change on financial firms and the stability of the financial system.
Bailey, 60, is chief executive of the Financial Conduct Authority, a regulator charged with fighting misconduct in the finance industry, and previously spent 30 years at the BoE.
Hot weather and the World Cup boosted retail sales in July but the pound remained flat against the dollar around the $1.27 level.
The BoE’s nine rate-setters were unexpectedly unanimous in their vote to raise rates to 0.75 from 0.50 percent.
With just over eight months left until Britain is due to leave the European Union, there is little clarity about how trade will flow as Prime Minister Theresa May tries to strike a deal with the bloc.
The Monetary Policy Committee voted 6-3 to keep rates at 0.5 percent, where they have been for most of the past decade.
The Bank of England looks set to keep interest rates on ice this week, capping a sharp swing in the outlook for the British central bank.
The rally comes ahead of the crucial data on the labour market and average earnings, which is due at 0830 GMT.
British retail spending fell last month at the fastest pace for any October since 2008.
Britain's economy appears to be picking up speed, according to a survey on Friday that will reassure the Bank of England.
The Bank of England looks set to raise interest rates for the first time in more than 10 years on Thursday.
Sterling steadied on Thursday, consolidating some chunky gains this week, especially against the euro, before Bank of England policy decision to raise interest rates.
The Bank of England expects Britain to lose up to 75,000 financial services jobs.
Britain's pound skidded to a two-week low on Friday amid doubts over the outlook for Bank of England interest rate moves and concerns over Brexit.
Britain’s economy remained stuck in low gear in the third quarter but price pressures grew further.
British Prime Minister Theresa May on Thursday defended free markets as the proper way to run an economy.
The Bank of England must decide how forcefully to talk about the prospect of a first interest rate rise in a decade on Thursday.
The Bank of England is taking a close look at financial institutions’ plans to handle Britain’s departure from the European Union.
British inflation hit its joint highest level in more than five years in August, complicating the Bank of England’s job this week of explaining why it is not raising interest rates.
Bank of England rate setters won’t shock markets with any policy moves when they meet next week as a struggling economy .
