Chancellor George Osborne has taken the unusual step of calling on the Bank of England to do more to help support the UK economy, according to reports.
The Bank of England is close to announcing a further bout of asset purchasing, particularly as gilt yields continue to soar, Kames Capital's Iain Buckle has predicted.
Guy Monson, Chief investment officer and managing partner at Sarasin & Partners, reveals the key factors that he expects to drive markets in 2013.
British banks that fail to separate their retail banking from their riskier investment banking arms may be forcibly dismantled, Chancellor George Osborne will say later today.
Credit ratings agency Moody's downgraded six Canadian banks last night over fears the lenders had become more vulnerable to downside risks and rising house prices.
Incoming Bank of England Governor Mark Carney intends to place economic growth at the top of his priority list when he takes on his new role.
The Monetary Policy Committee (MPC) voted unanimously to hold the bank rate at 0.5% at the last meeting, while all but one member voted to maintain the QE programme at £375bn.
The outgoing governor of the Bank of England (BoE), Mervyn King, has said it may be time to review the UK's inflation target, but rejected a suggestion by his successor that central bankers should abandon inflation targeting altogether in times of economic...
The imminent departure of Mervyn King from the Bank of England has brought about renewed debate over the framing of the policy target set by the Treasury for the Monetary Policy Committee.
Fund managers and strategists have begun reducing exposure to sterling, amid fears rising inflation and the threat of a UK downgrade could derail the pound.