MPs on the Treasury Select Committee have called on governors at the Bank of England to serve a maximum of eight years before stepping down.
Investec Private Bank's Lionel Ross talks to Investment Week about the group's new three-year fixed term bond, which is linked to the Bank Of England's base rate.
Bank of England governor Mervyn King said badly managed banks should be left to fold, as he demanded sweeping powers to force financial institutions to be more transparent.
The deputy governor of the Bank of England has revealed how the Monetary Policy Committee (MPC) nearly raised rates earlier this year, before the downturn hit markets.
Troy Trojan fund manager Sebastian Lyon has expressed fears that the Bank of England has set down a path of continuous monetisation of government debt.
MPC member Paul Fisher has warned the UK is at risk of another recession, less than two years since the last downturn.
Bank of England governor Mervyn King appeared before the Treasury Select Committee this morning to answer questions on his inflation forecasts and quantitative easing programme.
Investors have come under increased pressure to inflation-proof their portfolios as a fresh spike in CPI and RPI raised doubts levels will drop back to the Bank of England's 2% target in 2012.
Bank of England governor Mervyn King has been asked by the Treasury Select Committee to explain his decision to inject a further £75m into the UK economy through quantitative easing (QE).
The governor of the Bank of England has said inflation is now at, or close to, its peak rate and will fall back "sharply" early next year.