BoE

The biggest investor in Northern Rock, SRM Global, is preparing to launch legal action against the government and regulators this week over their role in the collapse of the nationalised bank, according to The Guardian .

The Bank of England (BoE) warns inflation is set to "rise sharply" in the near term and there is nothing the Monetary Policy Committee (MPC) can do about it.

The Chancellor is clearing the ground for new regulations on financial markets in the wake of the credit crunch, pledging to create a "gold standard" to judge the quality of key asset-backed securities, The Telegraph reports.

The financial services industry has welcomed a consultation on proposals to improve the systems currently in place when banks run into trouble.

Fears that Alliance & Leicester may have to seek emergency funds from the Bank of England circulated in the City last night as ratings agency Standard & Poor's said the bank could suffer from the lending freeze that triggered Northern Rock's downfall,...

An expected rate cut by the Bank of England - given fresh impetus by yesterday's quarterly inflation report - could be as high as 0.5% by late Spring, New Star's Simon Ward says.

Barclays shares have dropped to a two-and-a-half year low on speculation it approached the Bank of England (BoE) last night for an emergency loan.

The Bank of England's financial backing for Northern Rock is rapidly approaching £13bn, according to New Star economist Simon Ward.

Barclays emerged last night as the financial institution that borrowed £1.6bn from the Bank of England's credit facility - the second time this month that the high street bank has had to obtain emergency funding from the UK's lender of last resort, The...

The Bank of England misled the public in a bid to justify five base rate jumps in under a year, property investment firm Assetz claims.