Bank of England

The Bank of England's Monetary Policy Committee(MPC) has frozen rates at 5% as widely expected.

The first bust company pension schemes to be bailed out under the recently-formed Pension Protection Fund were named today, says the Daily Telegraph .

Mortgage lending hit a three-year high of £9.8bn in October, according to the latest figures from the Bank of England.

Pension buyouts have received a ringing endorsement from Mike Samuel, the chairman of a new pensions advisory group, reports the Daily Telegraph .

A typical British household pays more than £200,000 in indirect taxes over a lifetime, according to a report by Axa, says the Scotsman .

Nationwide saw profits rise by almost a third last year, helped by an increase in mortgage lending, according to the Daily Telegraph.

Thursday's expected interest rate increase will put the squeeze on employees already suffering from a slowdown in average take-home pay, according to Voca, the company which processes all of the UK's automated payments.

Friends Provident has beaten City expectations with a 40% surge in third-quarter life and pensions sales and a UK market share of 6.9% in the second quarter, says the Guardian .

Banks came under fire yesterday for over-charging customers less than 24 hours after Treasury minister Ed Balls defended their profit record and asked what more the Government could do for them, reports the Daily Telegraph .

The Bank of England's monetary policy committee has frozen the base interest rate at 4.75% for the second successive month amid growing anticipation that it will most likely increase the rate in November.