Bank of England

The Bank of England has revealed controversial plans to relax rules governing safety standards for lenders in a bid to provide a £70bn boost to the economy.

Reducing the base rate from its current historical low of 0.5% into negative territory "remains an option" for the Bank of England's Monetary Policy Committee (MPC), deputy governor Charles Bean has said.

A dramatic shift in the outlook for interest rates has been seen with money market indicators now pricing in a base rate rise to 0.75% in two years' time rather than three.

Sir Mervyn King, the outgoing governor of the Bank of England who has spent more than two decades at Threadneedle Street, is to be made a life peer.

Bank of England (BoE) governor Mervyn King was defeated in his final bid to inject more stimulus into the UK economy, minutes from last month's minutes show.

The Bank of England has appointed Charlotte Hogg to the new role of chief operating officer (COO).

Paul Tucker, deputy governor for financial stability at the Bank of England, is to leave later this year after more than 30 years of service.

The Bank of England has opted against further quantitative easing (QE) at Mervyn King's final Monetary Policy Committee meeting, dashing the governor's hopes of more stimulus.

Sir Mervyn King chairs his last ever Monetary Policy Committee (MPC) meeting today, but will his parting gift be one last blast of the QE tap?

MPs have questioned the fitness of former London Stock Exchange chief executive Clara Furse to sit on the Bank of England (BoE)'s new stability arm.