Bank of England

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.

The Bank of England (BoE) has extended its quantitative easing programme by £50bn, in a bid to get the UK economy out of recession.

The Bank of England is likely to pump another £50bn into the UK economy today, in the latest round of quantitative easing.

The Bank of England's deputy governor Paul Tucker has asked to be allowed to address the Treasury Select Committee following the revelation he contacted Bob Diamond to discuss Barclays' LIBOR submissions.

Barclays' submission of a memo to the Treasury Select Committee has revealed how Bank of England (BoE) officials advised the bank on LIBOR.

DIAMOND

The Bank of England should pump £50bn more into the "stalled" economy to kick-start the recovery, David Miles has told the Financial Times.