A Bank of England policymaker has warned about the increasing complexity of Exchange Traded Funds (ETFs) and the risks to investors and the financial system.
There are clear signs of a rift within the MPC over interest rates as deputy governor Paul Tucker said he is close to voting for a rise.
MPC dove Adam Posen has blasted as "nonsense" criticism of Britain's soft interest rate policy from the world's central bank.
Mervyn King has claimed low capital requirements and inadequate limits on leverage have been the most "tragic" aspects of financial regulation.
The Bank of England's Monetary Policy Committee (MPC) has remained split three ways on interest rates, minutes of its latest meeting show.
The Bank of England is right to hold interest rates at record lows of 0.5% as governor Mervyn King takes a long-term view, according to George Osborne.
A number of economists predict the Monetary Policy Committee will raise interest rates in August this year, to curb rising inflation.
The Monetary Policy Committee (MPC) was again divided six-three against a rate rise earlier this month, minutes from the April meeting reveal.
M&G's bond manager Jim Leaviss has clashed with Artemis' James Foster over whether the MPC should raise interest rates.
The Bank of England is likely to maintain its current monetary stance and keep interest rates at their historic low today after a new report suggested the UK's economic recovery remains sluggish.