Bank of England

The Bank of England (BoE) has launched its biggest ever review into the fixed income, currency and commodities (FICC) markets following a string of recent scandals.

Two members of the Bank of England's Monetary Policy Committee voted for a 25bps rate hike this month, latest minutes show - the first call for hikes in over three years.

Consumer price inflation tumbled to 1.6% in July 2014, down from 1.9% in June 2014, the Office for National Statistics (ONS) reveals.

The Bank of England has received mixed reaction to its paper on how pension schemes and insurance firms could contribute to procyclicality by amplifying asset price movements and destabilising the economy.

UK pension funds' tendency to herd in the same asset classes could lead to volatility in asset price or economic cycles which could be detrimental for the whole economy, according to a research paper from the Bank of England.

Pension funds could have been cheated out of millions of pounds by manipulation of the £3trn foreign exchange (FX) markets, warns Mark Taylor, dean of Warwick Business School.

The Bank of England (BoE) is consulting on the benefits and rewards offered to its staff in an effort to "harmonise" the package, a spokeswoman has confirmed.

The Bank of England (BoE) has kept interest rates at a record low of 0.5% for the 65th consecutive month.

What impact will the interest rate discussion have on markets?

Pension scheme funding levels have been eroded by falling bond yields, according to JLT Employee Benefits (JLT EB).