Bank of England

Recovery hopes have sparked an impressive market run in recent months

Sterling has leapt to a month high against the euro and dollar after hints from Mervyn King dismissing an increase in QE in November.

The economic environment appears reasonably benign in the near term given the upswing in the industrial cycle, relatively subdued core inflation pressures and expectation that central banks will keep interest rates at their current ultra-low levels. The...

The Bank of England today kept its key lending rate at a record low of 0.5%.

Bank of England governor, Mervyn King, says RBS and HBOS were within hours of a liquidity shortfall on 6 October 2008, and the day after, as the country's financial system came to the brink of collapse.

It is working and the MPC should go further if necessary

Royal Bank of Scotland is to consider a £3bn-£4bn share issue to reduce the stake it would hand to the government for joining its toxic assets insurance scheme and has approached its biggest investors about the idea, the FT reports.

Unemployment in the UK rose by 210,000 to 2.47m in the three months to July, which is the highest level since May 1995, according to the ONS.

UK inflation has fallen to its lowest level in over four years, according to official statistics.

Back to school. Back to work. Back to reality. Back to facing the first anniversary of the collapse of Lehman Brothers.