Bank of England

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%.

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.