Economics

The Bank of England has opted against further quantitative easing at Mervyn King's final Monetary Policy Committee meeting, dashing the governor's hopes of more stimulus.

Wall Street extended losses on Wednesday as fears deepened that the Federal Reserve will pull back its quantitative easing programme.

Sir Mervyn King chairs his last ever MPC meeting today, but will his parting gift be one last blast of the QE tap?

London's leading equity index lost ground in afternoon trading, led by asset managers, as encouraging data from the services sector also failed to lift sentiment.

Concerns over a potential end to US quantitative easing saw global fixed income markets slump in May, but further sudden sell-offs may be less likely.

The events of the past few years have led many investors to prepare for a failing global economy, but is this a risky strategy?

Sir Mervyn King has said the public has "every right to be angry" with banks, but urged people to move on from demonising bankers, in one of his final interviews before stepping down.

US markets dipped at opening on Friday following worse-than-expected consumer spending, rounding off a down week which has seen some of the heat come out of equities.

The FTSE 100 index fell once again today as nervous investors continued to take profits, but it remains on track to lock-in its twelfth consecutive month of gains.

The British Chambers of Commerce(BCC) has upgraded its long-term growth forecast for the UK, but warned the economy still faces domestic and overseas challenges.