Bank of England

George Osborne is set to face tough questions today about the coalition government's economic strategy after the Bank of England expanded quantitative easing by £75bn, a move he has previously called "the last resort of desperate governments".

The Bank of England is one the biggest obstacles to low inflation, according to former Monetary Policy Committee (MPC) rate-setter Andrew Sentance.

Chancellor George Osborne has revealed the government will use credit easing to direct money towards small businesses.

Speculation is mounting the Bank of England may be close to cutting base rates to 0.25% and pumping at least £50bn more into the economy through quantitative easing.

The case for further QE in the UK "significantly strengthened" in the past month, with any repeat of recent economic woes likely to lead to further stimulus, the MPC has said.

Business secretary Vince Cable today called for a policy of "stability, stimulus and solidarity" to aid Britain's financial recovery.

The Treasury Select Committee has today published the terms of reference for its inquiry into the Financial Conduct Authority (FCA), and is calling for evidence on how the new regulator should be interacting with the industry and using its intervention...

Adam Posen, the external member of the Bank of England's Monetary Policy Committee (MPC), has upped his call for more quantitative easing (QE) to £100bn and proposed a ‘public bank' for businesses struggling to find credit on the highstreet.

The Bank of England has kept interest rates at their record low level of 0.5% following the latest meeting of the Monetary Policy Committee (MPC).

Savers have lost more than £43bn since Bank Rate was cut to just 0.5pc two and a half years ago, figures from the Bank of England suggest.