Economics

The Bank of England has today said it will not hike rates "for some time to come" - with the base rate potentially at 2% by 2017 - as governor Mark Carney begins to alter his forward guidance policy.

Sterling has climbed against a basket of currencies including the dollar this morning after the Bank of England altered its forward guidance policy and revealed GDP is expected to overshoot expectations.

Three former members of the Bank of England's rate-setting Monetary Policy Committee (MPC) have suggested interest rates could rise sooner than expected.

Barclays has been forced to issue confirmation of its pre-tax profits for 2013 a day ahead of its results after they were leaked in a diary column.

Shares in Centrica have fallen 3% in early trading after UK energy secretary Ed Davey urged regulators to look at industry profit margins.

Star fund manager Neil Woodford's new venture has been named after the man himself, according to documents published to Companies House.

US and European equity markets have moved higher this afternoon despite the latest employment figures raising questions over the strength of the US recovery.

David Cameron will call on Scots to reject independence in this year's referendum, in a speech later today.

The UK economy is set to grow by 2.5% this year and 2.1% in 2015, the National Institute of Economic and Social Research (NIESR) has predicted.

Vodafone, the second largest mobile operator in the world, has seen a sharp fall in revenue due to lack of demand and increased competition in Europe.