The Bank of England's Monetary Policy Committee (MPC) today held interest rates at their historic low of 0.5%.
Lloyds shareholders have made a £14bn claim against the Treasury and bosses at the banking giant over its controversial takeover of HBOS in 2008.
No one should fool themselves into believing that Britain can inflate its way out of its public debt mountain, the Bank of England's deputy governor has warned.
Property prices have risen 0.5% in May, producing annual growth of nearly 10%, according to the Nationwide House price index.
Mortgage lending fell between March and April, according to the Bank of England's latest Trends in Lending report.
The Bank of England is sitting on an £8bn net profit from its £200bn quantitative easing programme.
Tomorrow's Queen's Speech will see financial regulation put back in the hands of the Bank of England, leaked documents reveal.
Debt reduction is "the most urgent issue facing Britain," according to the Con-Lib coalition's Programme for Government, published today.
Chancellor George Osborne refused to confirm Tory plans to scrap the FSA were completely off the agenda as the Government unveiled its first five year plan.
After days of political back-stabbing and intrigue, the new coalition government was finally unveiled last week.