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Paul Tucker

Paul Tucker is the Deputy Governor in charge of Financial Stability at the Bank of England. He is also on the Governor’s executive team, the Bank’s Court of Directors, and he is a member of the Monetary Policy Committee. First appointed to his post in March 2009, Tucker’s previous position in the Bank was Executive Director for Markets, with responsibility for the Bank's implementation of monetary policy, management of the foreign currency reserves, and market analysis of the Bank's monetary and financial stability main purposes. He served this post for a little under 7 years, first taking office in June 2002.

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Latest articles

FSA ready to see biggest banks cut down to size

22.10.09
The City watchdog has said that banks deemed "too big to fail" could be broken up to protect the financial system from future crises... more

Banks’ hidden tax that really hurts

06.10.09
It is interesting, if a little ironic, that Paul Tucker, one of the deputy governors of the Bank of England, should suggest in the forum of the annual International Monetary Fund and World Bank meetings currently under way in Istanbul that if banks need rescuing again, they should be taxed in proportion to the amount of state aid that they require to stay afloat ... more

Blanchflower blames MPC for being ‘feeble’

10.09.09
Former Bank of England member David Blanchflower today warned that the “feeble” monetary policy committee risked making the recession even worse ... more

King under further fire after Bank vote revolt

19.08.09
Bank of England governor Mervyn King was under mounting pressure after it emerged he was defeated in a rare revolt on Threadneedle Street over how to deal with the recession ... more

Can Bank pull off quantitative easing without inflation crisis?

07.07.09
Mervyn King’s bold strategy of printing money to revive the ailing economy is fraught with danger... more

Banks must prepare for future crisis, finance chief warns

30.06.09
... more

HSBC boss Stephen Green warns the crisis is 'far from over'

30.06.09
HSBC chairman Stephen Green has declared that the financial and economic crisis is a long way from being over as regulators warned that the overhaul of the banking system could result in lower profits... more

City Spy: Extel’s orange is so like... Bloomberg

19.06.09
Bankers were donning the sunglasses in the City at lunchtime this week. Not outside, in the glorious sunshine, but indoors at the Guildhall, where the bright orange decor for the annual Extel analysts and brokers awards was causing a few grumbles. ... more

Come clean, Gordon Brown: the worst is still to come

15.06.09
Despite those fabled green shoots, the reality is we have a decade of high taxes and low spending ahead... more

Bank’s Fisher warns road to recovery will be tough

12.06.09
Bank of England markets director Paul Fisher has warned that a lack of bank lending could thwart the UK’s escape from recession ... more

Bank's Fisher warns road to recovery will be tough

12.06.09
Bank of England markets director Paul Fisher warned that a lack of bank lending could thwart the UK's escape from recession... more

Banks need bonds as a buffer, says Tucker

28.05.09
Bank of England deputy governor Paul Tucker today said banks should hold assets such as government bonds to act as a buffer after the financial crisis exposed a "shocking" lack of liquidity at UK lenders... more

Songwriter in child porn quiz

14.04.09
Former Lighthouse Family star Paul Tucker has been quizzed by Spanish police investigating child pornography allegations... more

Treasury ‘hiding’ true cost of banks bail-out, say MPs

23.01.09
Chancellor Alistair Darling should come clean over the true cost to the taxpayer of the Government’s multi-billion-pound bank bail-out schemes, MPs said... more

Bailout may fail, say Tucker

21.01.09
... more

Brown told he has lost markets' confidence

21.01.09
Gordon Brown faced claims that the public and the markets had "lost confidence" in Labour as bank shares dived and the public finances plunged further into the red... more

Bank's rate cuts guru quits MPC and returns to US

10.12.08
Economy: David Blanchflower has stepped down from his role at the Bank of England... more

Finance

08.10.08
Britain will look to the Square Mile to pull it out of the economic mire, and these are the big names who will deliver the recovery. ... more

BoE’s Tucker sees inflation accelerating

12.09.08
Bank of England interest-rate setter Paul Tucker forecast yet further rises in inflation, in what was seen as a warning against cutting rates too early... more

Hawks and doves face off over next rate move

25.07.08
A three-way split on the Bank of England's monetary policy committee has left the City asking - what next for interest rates?... more

Bank chief: Interest rates on hold to fight inflation

26.06.08
Bank of England governor Mervyn King signalled that further interest rates rises were on hold... more

Bean steps up at Bank after shock Gieve exit

19.06.08
Bank of England chief economist Charlie Bean has been promoted to Deputy Governor following the shock departure of Sir John Gieve... more

Comment: inflation grief haunts Darling

19.06.08
In last night's Mansion House Speech, delivered in a week when inflation hit its highest for 16 years, the Chancellor called on workers not to demand higher wages and lead Britain into a 1970s-style wage-price spiral... more

Gieve was not up to Bank job, says City

19.06.08
The shock departure of Deputy Governor Sir John Gieve from the Bank of England is welcomed in the City as chief economist Charlie Bean is lined up to replace a second departing Deputy ... more

Comment: testing times at the Bank

19.06.08
The announcement by Bank of England Deputy Governor Sir John Gieve that he would be leaving next spring, two years ahead of schedule, drowned out an important admission by the Chancellor in last night's Mansion House speech... more

Labour's cunning plan is all too transparent

09.06.08
... more

Don't Bank on rate cuts to get housing escalator moving

04.04.08
It always was an illusion that soaring house prices would make us all rich. Inflation cannot do that. It can only redistribute wealth between the winners and the losers, says Christopher Fildes.... more

Lighthouse shines alone

17.01.07
Tunde, formerly with Lighthouse Family, was a revelation on his own, with a lovely voice unencumbered by treacly production, says Chris Elwell-Sutton.... more

Lighthouse shines alone

17.01.07
Tunde, formerly with Lighthouse Family, was a revelation on his own, with a lovely voice unencumbered by treacly production, says Chris Elwell-Sutton.... more

More related topics: Paul Tucker and

  • Facts
  • Tucker is Cambridge educated, having attended Trinity College in 1976-1980 to study Maths and Philosophy
  • Tucker acted as Principal Private Secretary to Bank of England Governor Robin Leigh-Pemberton for over 3 years until 1993
  • In work outside the Bank, Tucker has worked in the financial department of Baring Brothers and Co. and also for the Government of Hong Kong as an advisor to the Securities Review Committee with regards to the Hong Kong securities market and regulatory system

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