Bank of England monetary policy committee member Martin Weale has said he would prefer a base rate cut to further quantitative easing, were the Bank to unveil more stimulus measures.
Pensioners are being left "permanently impoverished" by quantitative easing (QE) and analysis from the Bank of England (BoE) denying negative impacts is wrong, Ros Altmann has said.
The successor to Mervyn King will have an "unduly powerful role" thanks to Treasury plans to extend the powers available to the Bank of England (BoE), one of the bank's advisers has warned.
The Bank of England's Monetary Policy Committee (MPC) voted unanimously to keep rates on hold and maintain QE at £375bn in August but expressed fears over sterling's continued appreciation.
The Consumer Prices Index (CPI) rate of inflation climbed to 2.6% last month, from 2.4% in June.
Banks "could learn a thing or two about fair play" from the Olympic movement, according to Bank of England governor Mervyn King.
The Bank of England (BoE) should expand its range of economic recovery measures, according to an outgoing member of the Monetary Policy Committee.
Sir David Walker, a former deputy governor of the Bank of England, will become the new chairman of Barclays, according to reports.
Bank of England (BoE) governor Mervyn King has warned against a further cut in interest rates, arguing it would damage the banking sector and may be "counterproductive".
The Bank of England (BoE) is set to cut economic growth forecasts to almost 0% for this year, amid a deepening double dip recession.