Bank of England

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.

THE LEGAL TUSSLE between Equitable Life and Ernst & Young is mentioned in all this morning's papers with the case due to resume today, barring any last-minute settlement.

CITY ANALYSTS are now predicting the Bank of England's benchmark interest rate will be reduced before Christmas, according the Guardian, as the latest official retail data shows sales are beginning to struggle.

Inflation and growth will dip in the near term, but both are likely to increase by the 2007-8 period according to the latest quarterly inflation report from the Bank of England.