monetary policy committee

The Bank of England should cut interest rates by 1% to help the UK banking sector weather the credit crisis, according to Oliver Russ, fund manager of Argonaut European Income.

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.

The Bank of England's quarterly inflation report has given strong indications of an interest rate cut in the near future, according to market analysts.

November is the most likely month to see a change in interest rates, indicating the Bank of England may cut rates next week, according to Legal and General.

Confirmation interest rates are likely to hit 6% before dropping has sparked angry protests across the industry.

The Bank of England's Monetary Policy Committee(MPC) has frozen rates at 5% as widely expected.

The Bank of England's Monetary Policy Committee has raised the base interest rate to 5% - its highest level in five years.

The NatWest Three are to appear in a Houston court today for a hearing which could determine the date they will stand trial on fraud charges relating to a company sale involving Enron, reports the Daily Telegraph .

The Bank of England's Monetary Policy Committee (MPC) has voted to keep the UK base interest rates on hold at 4.5% for the tenth month in a row.

The minutes of the latest Monetary Policy Committee meeting show just one of the nine members of the committee voted to reduce the interest rate when they met at the beginning of December.