Bank of England

Alistair Darling has launched a scathing attack on Mervyn King's governorship of the Bank of England during the financial crisis - and warned the coalition government's decision to hand more power to the institution is a mistake.

A panel of industry experts reply to the Bank of England's recent report into the ETF market

The immediate future of the UK economy will not be dependant on a further round of quantitative easing (QE), a member of the Bank of England's rate setting body said yesterday.

Sterling has dropped against the dollar after the latest MPC minutes revealed no calls for a rate hike and opened the door to further QE.

Price pressures across a number of areas forced UK CPI annual inflation up from 4.2% in June to 4.4% in July.

An action group has called on the government to suspend income tax on savings interest due to what it said was a "deteriorating" climate for savers.

Sterling fell to its lowest level against the euro for a month after the Bank of England cut its growth forecast for this year.

The Bank of England has held interest rates at their record low of 0.5% amid escalating concerns about the strength of the economy.

Despite all the noise around sythetic ETFs, there is just as much risk in physical ETFs if counterparty risk is not diversified.

The Financial Services Compensation Scheme (FSCS) levy will increase by £7.3m next year to meet the cost of the collapse of Southsea Mortgage and Investment Company, but only banks are likely to be affected by the rise.