Bank of England

Eurozone ministers are poised to meet in Brussels as the debt crisis once again threatens the economic stability of the 16-member bloc.

Long-term low interest rates are damaging pensions and will cause another financial crash, Ros Altmann will tell the Bank of England (BoE) today.

The Bank of England warns inflation is likely to stay above the 2% target throughout 2011, given the upcoming rise in VAT and continuing increases in import prices.

The Bank of England today rejected a fresh bout of quantitative easing and kept interest rates on hold for the 20th consecutive month.

DeAnne Julius, former Bank of England policymaker, and Sir John Gieve, ex-deputy Governor at the Bank have openly opposed another round of quantitative easing.

The government's spending cuts and the rise in VAT to 20% in January will result in more than 1.6 million job losses across the public and private sectors, research suggests.

The FTSE 100 opened positively in a week set to be dominated by a slew of US economic and political news.

The US federal reserve could pump up to $1trn of extra QE into the economy to battle unemployment and encourage growth.

The deputy governor of the Bank of England, Charles Bean, has admitted that the recession "highlighted shortcomings" in the Bank's economic forecasting models.

Bank of England Governor Mervyn King has thrown his weight behind breaking up the banks as part of reforms to protect the taxpayer from another financial meltdown.