Bank of England

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.

The European Securities and Markets Authority (ESMA) has proposed wide ranging reforms and a tightening of the rules around how exchange traded funds (ETFs) operate in Europe.

Morgan Stanley has been dubbed 'the new Morgan Sachs' after its equity and bond traders captured market share from rivals over the past quarter.

The Bank of England made £9.8bn last year on its £200bn "money printing" programme of quantitative easing to prop up the battered UK economy.

Hector Sants, the current chief executive of the Financial Services Authority (FSA), and Bank of England governor Mervyn King have been named among the most influential people in the European capital markets.

A Bank of England policymaker has warned about the increasing complexity of Exchange Traded Funds (ETFs) and the risks to investors and the financial system.