Bank of England

The Bank of England's Monetary Policy Committee (MPC) has once again voted to maintain interest rates at 4.5%, marking the third consecutive month that interest rates have remained frozen.

BCCI LIQUIDATORS' £850m lawsuit against the Bank of England dramatically collapsed yesterday at the High Court in London bringing a 12-year legal battle to an end, according to this morning's papers.

The increase in total net lending to individuals in September stood at £9bn and was broadly in line with the increase in August and the previous six month average, the latest figures from the Bank of England (BoE) reveal.

The Bank of England's Monetary Policy Committee (MPC) voted unanimously to maintain interest rates at their current level of 4.5% when it met earlier this month the minutes from the meeting reveal.

STANDARD LIFE insists its demutualisation proposals are on track, despite growing speculation wrangling with the Financial Services Authority (FSA) could force the society to delay its flotation, reports The Times .

PRESSURE ON Gordon Brown and the Bank of England over worsening economic prospects mounted yesterday as a surprise slump in industry sparked City warnings third-quarter growth could drop as low as 0.2%, according to this morning's papers.

Annual house price inflation now stands at 3% following a 1.2% rise in prices in September, the latest figures from the Halifax reveal.

The increase in total net lending to individuals in August (£8.9bn) was larger than in July and broadly in line with the previous six month average, according to the latest figures from the Bank of England.

GORDON BROWN has been told to either cut spending or raise taxes, according to this morning's papers.

Members of the Monetary Policy Committee (MPC) voted unanimously to maintain the UK base interest rate at 4.5% earlier this month.