The FTSE 100 dipped in early trading after a muted session for markets overnight, as investors await news on quantitative easing in the US and the UK, and as the European Union's Greek bailout talks continued.
The Bank of England has estimated its £200bn asset purchase program has raised inflation by as much as 1.5%.
Adam Posen, the external member of the Bank of England's Monetary Policy Committee (MPC), has upped his call for more quantitative easing (QE) to £100bn and proposed a ‘public bank' for businesses struggling to find credit on the highstreet.
The Bank of England has kept interest rates at their record low level of 0.5% following the latest meeting of the Monetary Policy Committee (MPC).
Business leaders are urging the Bank of England (BoE) to pump in a further £50bn to its quantitative easing programme, ahead of the Monetary Policy Committee's (MPC) decision on interest rates.
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.