Bank of England

SOAPBOX

The government's popular Help to Buy mortgage scheme could threaten financial stability if it is mismanaged, a group of MPs has warned.

Bank of England governor Mark Carney has said the UK economy is recovering and does not need a further expansion of the quantitative easing programme.

Chancellor George Osborne has asked the Bank of England to take a bigger role in ensuring his Help to Buy housing scheme does not fuel a property boom.

Schroders has appointed Prudential Regulatory Authority (PRA) risk analyst Craig Botham to its global economics team.

FIVE THINGS

Mark Carney's revolutionary "forward guidance" on interest rates is so half-baked it could pose a threat to financial stability, a former Bank of England economist has warned.

FIVE THINGS

Mark Carney yesterday declared the British economy is ‘picking up' but warned that the recovery may prove to be another ‘false dawn'.

Confidence among investors that the Bank of England (BoE) will hold rates at record lows for as long as it has implied appears to be falling after a key economic indicator suggested the UK's economic recovery is gathering pace.