Bank of England

M&G's bond expert Matthew Russell on the returns Mervyn King and co have generated since the start of QE.

Alistair Darling has launched a scathing attack on Mervyn King's governorship of the Bank of England during the financial crisis, and warned the government's decision to hand more power to the institution is a mistake.

Britain's economy grew at 0.2% for the second quarter, according to the first revision of the data by the Office for National Statistics (ONS).

Felix Martin, economist in the Thames River global credit team, responds to the Bank of England's August Inflation Report.

Sterling dropped against the dollar after the latest MPC minutes revealed no calls for a UK rate hike and opened the door to further QE.

Price pressures across a number of areas have seen UK CPI annual inflation rise from 4.2% in June to 4.4% in July.

The UK's major banks remain on course to meet their targets for lending to businesses as part of their commitment to Project Merlin.

Sterling was weaker against other major currencies after the Bank of England cut its growth forecast for this year.

UK consumer price inflation fell from 4.5% in May to 4.2% in June despite food prices remaining high.

The Bank's decision to maintain interest rates splits opinion among economists.