Bank of England

Richard Jeffrey, chief investment officer at Cazenove Capital, argues that UK and US policymakers should have tightened monetary policies sooner rather than later.

Deputy governor Cunliffe issues warning

Voted for a raise since August

Fell back into deflationary territory in September

McCafferty only member to vote for a hike

SFO initiates investigation

FCA to conduct further research

Results of six-month investigation

Banks forced to scale back role

UK interest rates could need to be cut further to support growth and return inflation to target, the Bank of England's chief economist has said.