Bank of England

Bank of England (BoE) deputy governor Paul Tucker has admitted quantitative easing (QE) had lost some of its "bite", the Telegraph reports.

Bank of England governor Mervyn King has called the end of the recession in the UK and pointed to signs of growth returning to the economy.

Capital Economics has predicted the UK's base rate could be cut imminently after the latest minutes from the Monetary Policy Committee (MPC) showed members were considering further stimulus measures.

Investors are being forced to take on more risk as inflation continues to stay above the Bank of England's 2% target, experts said.

The salary and pension deal for the next governor of the Bank of England is still 'undecided'. the BBC reports.

The next governor of the Bank of England will be found in the coming months after the post is advertised for the first time on Friday.

The Bank of England's chief economist Spencer Dale has warned printing more money "might do more harm than good" and could cause harm for the future.

Jim O'Neill has publicly ruled out following in the footsteps of Mervyn King and taking on the role of governor of the Bank of England.

The Bank of England's Monetary Policy Committee (MPC) has voted to hold the interest rate at 0.5%.

A "toxic combination" of low interest rates, spiralling inflation and the Bank of England's quantitative easing (QE) policy has hit over 50s spending power, Saga has said.