Bank of England

The Financial Services Authority is expected to extract around £190m in compensation for investors who incurred losses in split-capital investment trusts, the Daily Telegraph reported over the weekend.

The Bank of England's Monetary Policy Committee has kept the UK base interest rate at 4.75%, as predicted by the City.

The Actuarial Profession has welcomed suggestions from the Bank of England to issue longevity bonds in response to the current pensions debate.

The Bank of England left the key interest rate unchanged at 4.75% today - a decision widely expected by the market.

Members of the Monetary Policy Committee voted 9-0 to keep the base rate unchanged at 4.75% earlier this month, minutes reveal.

LEGAL & GENERAL exployed an eminent psychology professor yesterday to dispute the survey of "mis-sold" endowment customers conducted by the FSA, says this morning's Times .

The bank of England has maintained the UK base rate at 4.75%, after a meeting between the Bank of England's rate-setting committee.

Public borrowing in the mortgage sector is now falling according to the latest statistics from the Bank of England, as the latest increase in lending is now lower than in previous months and fewer loans are being approved.

The Bank of England's Monetary Policy Committee has agreed to keep base rates on hold for this month at 4.75%.

Simon Rubinsohn, chief economist at stockbroker Gerrard, says the Bank of England is unlikely to raise rates in the next two months.