Andrew Bailey, the man who will take over Hector Sants' duties next month, has been appointed to the Bank of England's interim Financial Policy Committee (FPC).
The Bank of England (BoE) is likely to be urged today to take on a full range of powers under its new regulatory remit, including a controversial right to restrict mortgage lending during a housing boom.
Liberal Democrat leader Nick Clegg has signalled the government is ready to loosen its austerity drive with a "massive" increase in state-backed investment into housing and state infrastructure.
April UK retail sales have come in well below forecast as Bank of England minutes have revealed many MPC members are considering voting for further quantitative easing.
The International Monetary Fund (IMF), headed by Christine Lagarde, has urged the UK to consider introducing more quantitative easing and cut interest rates.
Inflation in the UK dropped in April, beatings the consensus forecast.
The Court of the Bank of England has commissioned three reviews into the Bank of England's (BoE's) provision of liquidity to the banking system during the financial crisis and its forecasting abilities.
Sterling has fallen against the dollar today after a dovish quarterly inflation report from the Bank of England cut growth forecasts and left the door open to further QE.
Former Barclays chief John Varley is no longer in the running for the top job at the Bank of England, Investment Week understands.
The average UK growth & income trust has outperformed its open-ended counterpart by 6% per annum over the last ten years. Kieran Drake, research analyst at Winterflood Securities, explains why.