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Thursday 06 November 2014

Mark Carney launches investigation after real-time payment system crash delays house purchases

Bank of England Governor promises 'thorough, independent review' after Real Time Gross Settlement payment system, which processes £277bn a day, resumes operations after being down for 10 hours

Mark Carney, governor of the Bank of England, walks out of a meeting during the International Monetary Fund (IMF) and World Bank Group Annual Meetings in Washington, DC, US
 
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Mark Carney said the review would be independent and thorough Photo: Bloomberg News
The Bank of England has responsibility for RTGS
 
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The Bank of England has responsibility for RTGS Photo: DANIEL JONES

9:30PM BST 20 Oct 2014

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