Bank of England

The Bank of England today faces the difficult decision of whether to pump more money into the struggling UK economy by expanding its unprecedented £175bn quantitative easing programme.

House prices in the UK increased by 1.2% in October - marking the fourth consecutive monthly rise, according to the Halifax.

Sterling has leapt to a month high against the euro and dollar after hints from Mervyn King dismissing an increase in QE in November.

The Bank of England's monetary policy committee (MPC) voted unanimously to keep rates at 0.5% earlier this month.

George Osborne met about 70 staff from the FSA yesterday to discuss Conservative plans for a new regulatory structure for the City.

The Bank of England today kept its key lending rate at a record low of 0.5%.

Financial firms may be recovering, with business volumes growing for the first time in two years, a survey has shown.

Britain's emergence from recession in 2010 will be stronger than previously thought, according to the International Monetary Fund (IMF).

Amid concerns the Bank of England may soon introduce "negative interest rates", the deputy governor, Charles Bean, will today convene a meeting of City economists to explain the policy of quantitative easing.

Bank of England governor, Mervyn King, says RBS and HBOS were within hours of a liquidity shortfall on 6 October 2008, and the day after, as the country's financial system came to the brink of collapse.