Daily Archives: July 6, 2012

Claire Jones

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Libor scandal: Tucker hearing

Deputy governor Paul Tucker appears before the Treasury Select Committee on Monday afternoon to give his take on the Bob Diamond phone call. The session is due to begin at 4.30pm UK time (3.30pm GMT). 

Claire Jones

Not since Manchester miserablists The Smiths disbanded have there been many records as gloomy as that released by the Bank of England today.

The record of the interim Financial Policy Committee reveals members thought the risks to financial stability so serious that they were willing to consider a suspension of the Financial Services Authority’s world-leading liquidity rules. This from the FT’s chief regulation correspondent Brooke Masters: