Bank of England

Capital Economics expects the Bank of England to cut the UK's base rate from 0.5% in an effort to stimulate growth, after last week's GDP figure showed the economy is shrinking faster than feared.

Governor of the Bank of England, Sir Mervyn King, has admitted major mistakes were made by economic policymakers during the financial crisis.

Chairman of the Financial Services Authority (FSA) Lord Turner is interested in becoming the next governor of the Bank of England, The Times reports.

The Bank of England said it may reconsider the case for cutting interest rates once the impact of the new funding for lending scheme becomes clear.

Economists say the sharp drop in inflation announced today could justify a further round of quantitative easing by the Bank of England.

The governor of the Bank of England, Sir Mervyn King, has insisted he did not call for Bob Diamond's scalp before Barclays' former chief executive stepped down.

CONDENSED

The Bank of England (BoE) considered buying bicycles so its officials could move around London in the event of a full-scale financial meltdown, it has been revealed.

The US Federal Reserve raised concerns about LIBOR as early as 2007 and shared proposals for reform with the UK regulator, according to reports.

The Bank of England and Barclays were in almost daily contact over inter-bank lending at the end of October 2008, according to newly released emails.