Bank of England

Income seekers face an even tougher environment following a Bank of England warning that UK banks will have to slash dividends for years to come.

The consumer price index (CPI) of inflation eased in May to 3.4%, down from 3.7% in April, according to the Office for National Statistics (ONS).

COMMENT

Chancellor George Osborne is set to reveal this week the Bank of England will take overall charge of regulation of the financial sector and have "oversight" across the FSA.

UK manufacturing performance took an unexpected knock in April according to official data, adding to fears Britain's economic recovery is much weaker than previously thought.

The Bank of England's Monetary Policy Committee (MPC) today held interest rates at their historic low of 0.5%.

Lloyds shareholders have made a £14bn claim against the Treasury and bosses at the banking giant over its controversial takeover of HBOS in 2008.

No one should fool themselves into believing that Britain can inflate its way out of its public debt mountain, the Bank of England's deputy governor has warned.

The Bank of England is sitting on an £8bn net profit from its £200bn quantitative easing programme.

Tomorrow's Queen's Speech will see financial regulation put back in the hands of the Bank of England, leaked documents reveal.