The new body set up to regulate advisers may lack proper accountability and needs closer scrutiny of its role, according the chair of the Treasury Select Committee (TSC) Andrew Tyrie.
Minutes of meetings at the Bank of England's during the financial crisis should remain secret, its most senior independent director has insisted, prompting a backlash from MPs.
The governor of the Bank of England has explained in detail his forecast that inflation to fall back to target levels over the next two years.
The risk of another UK recession is higher now than in recent months, according to Bank of England policymaker Martin Weale, who said he suspected the economy would contract in the final quarter of 2011.
Bank of England governor Mervyn King has been asked by the Treasury Select Committee to explain his decision to inject a further £75m into the UK economy through quantitative easing (QE).
The governor of the Bank of England has predicted inflation is now at, or close to, its peak rate and will fall back "sharply" early next year.
UK gilts extended declines as the Bank of England refused to buy bonds maturing in 2017 in Monday's auction, after traders aggressively drove up prices.
The Bank of England's (BoE) second round of quantitative easing (QE) will be a "Titanic disaster" for pension schemes and members, Saga says.
Sterling and gilt yields have dived following the surprise announcement by the Bank of England it is increasing its quantitative easing programme by £75bn.
The FTSE 100 rose today after the Bank of England (BoE) voted to inject a further £75bn into the economy through quantitative easing (QE). Interest rates will remain the same, at 0.5%.