The Bank of England has raised its inflation forecast for two years' time to around 1.8%, more than some economists had predicted.
The Bank of England's decision today to pump an extra £50bn into the UK economy is likely to drive annuity rates down further, insurers have warned.
The Bank of England's Monetary Policy Committee (MPC) has increased its quantitative easing programme by £50bn as it looks to shore up the UK's ailing economy.
Limits on loan-to-value (LTV) mortgages were back on the agenda last night after George Osborne told MPs the Bank of England could intervene to prevent another housing crisis.
The government will not ensure the new Financial Policy Committee (FPC) includes an expert on insurance, the Chancellor has said.
The Bank of England will this week pump at least £50bn into the economy, according to a report in the Independent.
Robin Hepworth, CIO of Ecclesiastical Investment Management, looks at the options now the supposed safe havens of cash and government bonds are out of bounds for most investors
Unsecured lending to consumers fell the most in almost 20 years last month, the Bank of England (BoE) said, reigniting expectations it would authorise further asset purchases next month.
A draft report released by the FSA today has further detailed the relationship between the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA).
The Treasury today published the Financial Services Bill, which when passed will enshrine the new regulatory structure in law.