The official UK interest rate could settle at an average of 3% in a few years, the outgoing deputy governor of the Bank of England has predicted.
Executives at insurance companies will be held as accountable as senior bankers for the conduct and viability of their companies, Bank of England (BoE) governor Mark Carney has announced.
Lloyds, the UK's biggest lender, has put an immediate cap on income multiples on mortgages over £500,000 to primarily target the London market in a bid to combat the capital's swiftly rising property price inflation.
The government may "pare back" its Help to Buy scheme if the Bank of England (BoE) believes it threatens the UK's economic recovery, Nick Clegg has said.
The Bank of England looks set to leave interest rates on hold again this week, but a hike before the General Election is seen as increasingly likely.
The UK economy expanded by 0.8% in Q1, slightly below economists' expectations.
The Bank of England (BoE) and Financial Conduct Authority (FCA) have appointed Antony Townsend as Complaints Commissioner, replacing Sir Anthony Holland whose term of office ends this month after almost a decade.
The governor of the Bank of England, Mark Carney, has warned the 2% target for inflation has become a "dangerous distraction" for the UK's policymakers.
Bank of England governor Mark Carney has said rates could be as high as 3% over the medium term, endorsing comments made by colleague Charles Bean earlier this week.
It's our round-up of the stories your clients may have read in the national newspapers over the weekend.