Bank of England

The Bank of England has warned hedge fund managers the eurozone crisis could result in a clampdown on their activities.

UK CONSUMER

UK bank shares have jumped following last night's announcement of a £100bn stimulus package for the UK economy.

The Bank of England (BoE) is to launch new stimulus packages in a bid to get the economy moving again.

The Financial Services Bill has been branded a 'dog's breakfast' by a prominent Labour peer and criticised for being put together too quickly.

Members of the Treasury Select Committee have published a special report into the government's "defective" banking reforms, according to reports.

The Bank of England's Monetary Policy Committee (MPC) today resisted calls to expand its quantitative easing programme and cut interest rates, even though the UK is officially back in recession.

Policymakers at the Bank of England have come under pressure to take action today to 'cushion' the UK's recession-hit economy against further eurozone turmoil, the Guardian reports.

JAPAN

The Bank of England is preparing to inject £50bn into the economy to provide a growth boost, and is also contemplating cutting interest rates, amid fears of a global slump.