Bank of England

A member of The Bank of England's rate-setting committee said last night the economy had emerged from recession in the quarter between July and September - contradicting initial figures published by the Office for National Statistics (ONS), reports The...

Consumers will get lessons in financial awareness paid for by banks in plans expected in the Queen's Speech this week.

Hector Sants, chief executive of the FSA, is warming to suggestions he could become deputy governor at the Bank of England under a Tory Government.

Better-than-expected unemployment figures and a rosier growth forecast from the Bank of England raised hopes yesterday that Britain was beginning to claw its way towards economic recovery.

There is growing fear of inflation in the UK and US markets as shown by increasing demand for government securities offering protection from rising prices, reports the Financial Times.

Interest rates have been held at 0.5% by the Bank of England for the eighth consecutive month.

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.