Bank of England

Confidence in the UK financial system has hit a post-crisis high despite soaring valuations pointing towards a correction, according to the FT.

The chance of a rate rise this year has moved a step closer after one of the Bank of England's policymakers said a rise in the cost of borrowing should happen "sooner rather than later".

The official UK interest rate could settle at an average of 3% in a few years, the outgoing Deputy Governor of the Bank of England has predicted.

Britain's two state-backed banks have retreated from lending to the London property market since the financial crisis, in a sign of caution amid fears of an inflating housing bubble.

‘I am more cautious on UK growth than the crowded consensus’

The Bank of England may find monetary policy such as raising interest rates "the only game in town" to combat financial stability risks such as the housing market, the Deputy Governor has warned.

When will UK interest rates peak?

The government may "pare back" its Help to Buy scheme if the Bank of England (BoE) believes it threatens the UK's economic recovery, Nick Clegg has said.

Bank of England Governor Mark Carney has tried to defuse expectations of an imminent rate hike by saying it would "not be the right tool" to deal with a booming housing market.

Neil Woodford has told Investment Week a "fragile" UK economic recovery could yet mean base rates stay at a record low for the next three years.