Bank of England

UK CPI inflation fell from 5% to 4.8% in November, the Office for National Statistics said, in line with economists' forecasts.

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The Bank of England has overestimated the impact of quantitative easing on gilt yields, the Bank for International Settlements (BIS) has said.

The Bank of England's Monetary Policy Committee has once again kept interest rates on hold at a record low and left QE unchanged at £275bn.

The Bank of England is readying emergency funds designed to protect the UK economy from "unexpected shocks".

The Bank of England has warned lenders it is considering changes to the way bonuses are measured to make it far harder for investment bankers to justify their multi-million pound awards.

The Bank of England has today warned UK banks they must consider raising more capital in the next few months to cope with the "exceptionally threatening" environment.

The FTSE 100 has moved 3% higher after the world's major central banks announced a move to boost liquidity within the financial system.

The UK will take five and a half years to recover to pre-recession levels, said Bank of England external MPC member Martin Weale in a speech today to the National Institute of Social and Economic Research (NIESR).

The Bank of England's Monetary Policy Committee voted unanimously in favour of keeping bank rate at a record low of 0.5% and maintaining QE at current levels, while warning inflation is unlikely to fall as fast as expected.