Bank of England

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.

Royal Bank of Scotland is to consider a £3bn-£4bn share issue to reduce the stake it would hand to the government for joining its toxic assets insurance scheme and has approached its biggest investors about the idea, the FT reports.

The beleaguered UK economy is showing signs of growth after four quarters of contraction, Bank of England Governor Mervyn King has said.

UK inflation has fallen to its lowest level in over four years, according to official statistics.

The Bank of England has kept interest rates at 0.5% for the sixth consecutive month.