Bank of England

The Bank of England's Monetary Policy Committee (MPC) voted unanimously to hold fire on any changes to interest rates this month, but some members are growing increasingly concerned about inflation.

The Bank of England's fantasy forecast of a decline in annual CPI inflation to about 1% in early 2011 looks even less credible in the wake of March numbers showing an unexpectedly large rise from 3% to 3.4%.

Inflation rose to a higher-than-expected 3.4% in March, according to the Office for National Statistics.

Interest rates have been kept on hold at 0.5% by the Bank of England.

The panel discusses the recession vs recovery debate and how the developed world and emerging markets are affected by the crisis

Corporate bonds have recovered strongly over the last 12 months and we believe the recovery has further to run, albeit at a more moderate pace.

Inflation fell back to 3% in February after a sharp spike at the beginning of the year.

The Bank of England's Monetary Policy Committee (MPC) voted unanimously to hold its quantitative easing programme and maintain interest rates at their historical low, its minutes reveal.

Prudential rushed last night to complete a Hong Kong listing for its shares amid doubts investors would approve its record $35.5bn acquisition of AIA, the Asian division of American International Group (AIG).

Sterling hit a 10-month low against the dollar last week, to the clear surprise of many advisors.