Bank of England

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.

Bank of England governor Mervyn King yesterday set out his reasons for the overshoot of CPI inflation last month in a letter to new Chancellor George Osborne. They were all dubious, says Henderson chief economist Simon Ward.

UK inflation probably accelerated to a three-month high in April as higher energy costs and the weakness of the pound stoked prices enough to prompt a letter of explanation from Bank of England Governor Mervyn King.

David Cameron's new coalition government should transfer the FSA's regulatory powers to the Bank of England, say advisers.

Inflation is set to fall below its 2% target - even if interest rates remain at their record low, the Bank of England says in its Quarterly Inflation Report.