Bank of England

Stability threatened by further EU integration

Fell back into deflationary territory in September

UK interest rates could need to be cut further to support growth and return inflation to target, the Bank of England's chief economist has said.

National Savings & Investment (NS&I) is to cut the interest rate on its easy-access Direct ISA to 1.25%, a move experts said was a "bitter blow to savers" and further called into question the value of cash products.

Bank of England governor Mark Carney has indicated the recent turmoil in China's economy and financial markets that rocked global stocks, has not derailed his plans for interest rates.

BoE chief asks 135 groups for liquidity information

The UK's economic recovery could be undermined if interest rates are kept at record lows for too long, Bank of England policymaker Kristin Forbes has warned.

The Financial Conduct Authority (FCA) has appointed a new director of supervision to replace Tracey McDermott who will step up to acting CEO in September.

Hawkish members of the Bank of England's Monetary Policy Committee (MPC) keen to begin edging up interest rates were cowed by the recent turmoil in Greece, its latest meeting minutes reveal.

Some of the UK's largest asset management firms are preparing to quit their London bases if the country votes to leave the European Union, according to reports.