Bank of England

European markets were flat in mid-morning trading today as investors paused for breath amid fresh rumours Spain is about to request an official bailout.

The UK's main inflation rate has jumped sharply to 2.7% in October, having fallen to a 34-month low of 2.2% in September.

The Bank of England is to hand the Treasury the interest it receives on its QE asset purchases, a move that reduces pressure on Chancellor George Osborne ahead of the Autumn Statement.

The Bank of England has kept interest rates on hold for the 44th consecutive month and refrained from launching a fresh round of quantitative easing after recent data showed the UK exited recession in the third quarter.

The man in charge of ensuring Britain's financial stability has warned MPs current plans to make banks safer do not go far enough, the Independent reports.

The Bank of England's Monetary Policy Committee is expected to vote against pumping more money into the economy when it meets this week, despite previous forecasts of a further £50bn injection.

Weaknesses in the Bank of England's forecasting process have been highlighted in a review by an ex-Federal Reserve official.

Bond markets are set to stay correlated to equity markets, according to Mark Holman at TwentyFour Asset Management.

Bank of England policymaker Andy Haldane, has slated ring-fencing proposals for being too weak and said "King Kong" banks should be no larger than $100bn.

The Bank of England's Monetary Policy Committee is split over whether to commit to further quantitative easing, according to minutes from this month's meeting.