Reports suggesting Bank of Canada governor Mark Carney was being lined up to replace his Bank of England (BoE) counterpart Sir Mervyn King have been denied.
The government's "loose" monetary policy of quantitative easing (QE) and low interest rates is diminshing retirees' income, a report by MPs concludes.
The Bank of England has held interest rates at 0.5% and resisted another round of quantitative easing amid tentative signs of an improvement in the economic outlook.
The Bank of England is expected to resist unleashing extra emergency support for the economy today amid mixed signals over the fate of the recovery.
The UK economy shrank more than previously feared in the final quarter of last year, the latest official figures have revealed.
Kames Capital is to waive the performance fee on its £65m UK Equity Absolute Return fund for the rest of the year, and will cut it in half from 2013 onwards.
A deputy governor of the Bank of England has launched an outspoken attack on new European regulations that he warns could create further financial crises.
The Bank of England will keep interest rates at record lows for another three years, according to Capital Economics.