Bank of England

Anger is growing among employers and pension funds over the tight timetable the government has set for consultation on changes which could produce big cuts in the future value of final-salary pensions, says the Financial Times .

Richard Pym is to step down as chief executive of Alliance & Leicester after five years in the role, says the Daily Telegraph .

The Bank of England signalled yesterday it may need to raise interest rates one more time in the near future to ensure inflation remains under control, according to the Guardian .

There is still strong growth in the market for loans and bridging finance secured against homes, Bank of England analysis of banking deposits suggests.

Minutes from the Monetary Policy Committee's latest interest rate hike decision suggest further interest rate rises may have far less support than expected.

Core inflation surged in December largely because of higher fuel duties according to latest Office for National Statistics data, justifying, economists say, the Bank of England's interest rate rise of last week.

Research published by Heartwood Wealth Management suggests half of City workers intend to spend their entire bonus this season, and most of that on residential property.

Nicolas Moreau, the new chief executive of Axa's UK operations, plans to beef up the insurer's asset management business and enter the direct motor insurance market, says the Daily Telegraph .

The House of Lords have criticised the Treasury for producing "over-optimistic" forecasts which is making it "more difficult than it needs to be" for the Bank of England to set interest rates.

News out this week investment banks may be lowering their forecasts on average oil prices through 2007 should spell good news for anyone considering investments of any kind.