Bank of England

A fresh stimulus to the economy through tax cuts or spending on public works projects could come in the April Budget, a government document released by Gordon Brown hinted yesterday, according to The Times .

The Bank of England has cut interest rates again today, down to a new record low of 1%.

The minutes from this month's meeting of the Monetary Policy Committee has revealed eight of the nine members voted in favour of a cut of 50 basis points in Bank base rate (BBR).

Savings rates have hit a five-year low as the Bank of England's base rate approached a record trough last month, figures show.

Interest rates have hit a new, record low today as the Bank of England fights to pull Britain out of recession.

The Bank of England did not understand the seriousness of the asset bubble which preceded the banking crisis and ongoing global recession, its deputy Governor has admitted.

The Bank of England considered cutting rates by even more than 1% this month, the latest minutes from the Monetary Policy Committee's (MPC's) meeting reveal.

A heavy-handed response to regulating the financial services sector could lead to unintended consequences, according to Monetary Policy Committee (MPC) member, Andrew Sentence.

Deep interest rate cuts act like a tax increase on the incomes of retired people, according to independent pensions adviser Dr Ros Altmann.

The Bank of England is working on radical plans to inject cash directly into the economy - the nuclear option to be used only when interest rates approach zero, according to The Telegraph .