Bank of England

A group of 55 economists believes the Monetary Policy Committee will maintain interest rates at 0.5% this week, as manufacturing and services surveys show the UK economy is slowing.

The Bank of England's Paul Fisher said he would consider making emergency bond purchases if the UK's economy suddenly slumped.

Andrew Sentance, who yesterday stepped down as a member of the Bank of England (BoE) monetary policy committee (MPC), has condemned the Bank's refusal to raise interest rates.

Bank of England governor Mervyn King claimed a £26 senior railcard on expenses last year as part of a total bill of over £130,000.

The Bank of England will raise rates for the first time in four years in August in a bid to dampen inflation, according to the British Chambers of Commerce.

The Bank of England is "failing its remit" to control rising inflation which could undermine demand for bonds, according to Artemis manager James Foster.

Outgoing Bank of England interest rate hawk Andrew Sentance has argued a rise in interest rates would provide a long-term cure for UK economy.

The FSA is to fire a warning shot about firms which encourage savers to borrow money against their pensions.

The Bank of England's Monetary Policy Committee (MPC) has remained split three ways on interest rates, minutes of its latest meeting show.

The Bank of England is right to hold interest rates at record lows of 0.5% as governor Mervyn King takes a long-term view, according to George Osborne.