Bank of England

Ten of this week's best-read stories...

Bank of England governor Mervyn King said badly managed banks should be left to fold, as he demanded sweeping powers to force financial institutions to be more transparent.

The deputy governor of the Bank of England has revealed how the Monetary Policy Committee (MPC) nearly raised rates earlier this year, before the downturn hit markets.

Deputy governor for Monetary Policy at the Bank of England Charlie Bean has said lower inflation next year should both support the mortgage market and consumer spending.

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.