Bank of England

The Bank of England has opted not to implement further quantitative easing and held interest rates at 0.5% for the 49th consecutive month.

Banks and buildings societies are likely to make fresh cuts to mortgage rates, according to the Bank of England (BoE).

The Bank of England's Financial Policy Committee (FPC) has said UK banks had a £25bn shortfall in their capital requirements at the end of 2012, as stricter capital requirements impacted balance sheets.

The Governor of the Bank of England has said the financial crisis is "far from over" as he joined fellow central bank chiefs, including Ben Bernanke, to discuss economic policy.

The Bank of England voted 6-3 against more quantitative easing this month, saying a further round of purchases could cause an "unwarranted depreciation in sterling".

The collapse of debt burdened firms that were bought up by private equity companies before the financial crisis could pose the next major risk to the stability of the UK's economy, the Bank of England has warned.

Outgoing Bank of England(BoE) governor Sir Mervyn King said last night the pound is now "properly valued" in a move to halt its slide.

Andrew Tyrie, the chairman of the Treasury Select Committee (TSC), has written to the Financial Services Authority (FSA) over a decision by the Bank of Ireland (BoI) to raise mortgage interest rates.

The Bank of England's latest thoughts on introducing negative interest rates to encourage higher lending from banks are 'somewhat schizophrenic', a leading economist has said.

Chancellor George Osborne is set to give incoming Bank of England Governor Mark Carney more powers in a bid to revive the flagging UK economy.