The Bank of England (BoE) has elected to hold the base rate at 0.5% and maintain the size of its quantitative easing (QE) programme at £375bn.
Positive data pointing to the increasing pace of the UK economy is putting the Bank of England (BoE) under greater pressure to rein in market expectations of an interest rate rise.
The new Bank of England governor, Mark Carney, has said he will step in to prevent a house price bubble caused by low interest rates and the Government's Help to Buy scheme.
Sterling dropped and then recovered sharply minutes after new Bank of England Governor Mark Carney told the world he has no plans to raise rates any time soon, but was upbeat on UK growth.
Mark Carney has moved to defend the Bank of England's 'forward guidance' policies and said further stimulus may be necessary keep the UK economic recovery on course.
The Bank of England (BoE) has told building society Nationwide that it is not allowed to hold back lending to small and medium-sized businesses (SME) as it tries to meet the regulator's new capital rules.
Charlie Bean, the deputy governor of the Bank of England (BoE), has said the Bank has sent a "clear signal" it won't increase interest rates anytime soon as he expressed some surprise at investors' reaction to its position.
We look at ways investors can take advantage of the rising tide in the housing market.