MPC

The Monetary Policy Committee (MPC) are split 6-3 against a rate rise for the second month, with opinion divided on how to tackle soaring inflation without snuffing out growth.

Andrew Sentance has predicted inflation could rise above 5% this year and repeated his calls for a gradual increase in interest rates and cutting off of monetary stimulus.

Expectations the Bank of England (BoE) and European Central Bank (ECB) will raise interest rates in the second quarter of 2011 have risen dramatically, a new survey of fund managers shows.

Dr. Paul Fisher, executive director for markets at the Bank of England, has been appointed chairman of the ifs School of Finance.

The Traded Policies Fund invests in Traded Life Policies (TLPs)

Bank of England deputy governor Charlie Bean has defended MPC policy in the face of persistently high inflation, warning the economy could be on the verge of a "durable slowing".

The UK could be entering a "profoundly different" era of slow growth and high debt reminiscent of the economic ills engulfing Japan, says the BBC's economics editor Stephanie Flanders.

Monetary Policy Committee (MPC) hawk Andrew Sentance has upped to 0.5% the amount he believes interest rates should immediately rise.

Martin Weale has called for an immediate 0.25% increase in the Bank of England (BoE) base interest rate, echoing the view of Monetary Policy Committee (MPC) hawk Andrew Sentance.

The BoE risks making the UK's debt problem bigger if it raises rates above 0.5% in the near-term to tackle "one-off" inflationary pressures, says the head of portfolio management at Prudential.