Uncertainty in the eurozone will remain "for the next few years" and continue to act as a drag on the UK economy, Bank of England (BoE) policymaker Spencer Dale has been quoted as saying.
April UK retail sales have come in well below forecast as Bank of England minutes have revealed many MPC members are considering voting for further quantitative easing.
The Court of the Bank of England has commissioned reviews into the Bank of England's provision of liquidity to the banking system during the financial crisis and its forecasting abilities.
Two weeks ago we ran a competition to win a copy of Dan Conaghan's book The Bank - Inside the Bank of England, published by Biteback.
Bank of England policymaker Adam Posen will step down from the Monetary Policy Committee (MPC) on 31 August when his three-year term comes to an end.
Sterling has fallen against the dollar today after a dovish quarterly inflation report from the Bank of England cut growth forecasts and left the door open to further QE.
Former Barclays chief John Varley is no longer in the running for the top job at the Bank of England, Investment Week understands.
The Bank of England's Monetary Policy Committee has resisted calls for further quantitative easing and has left its programme of stimulus unchanged, while holding rates.
Former Monetary Policy Committee member Andrew Sentance does not expect the Bank of England to unveil more QE tomorrow, and said this is the right course of action to avoid triggering higher inflation.
Fifteen years ago to the week, in May 1997, the thumping strains of D:Ream's Things Can Only Get Better heralded the arrival of Tony Blair, Gordon Brown and New Labour.