Bank of England

The Bank of England has said it is prepared to cut rates further and expand its quantitative easing programme should the current downward slide in inflation worsen materially.

As deficits hit a record level, PP looks at the impact on funding negotiations

Sterling fell against the euro and the US dollar as the latest Monetary Policy Committee (MPC) minutes revealed a unanimous vote against hiking interest rates.

UK consumer prices index (CPI) inflation has fallen to a 15-year low of just 0.5%, driven by plunging oil prices.

UK inflation is expected to fall below 1% for the first time in 12 years following a major oil slump.

PP examines what the latest inflation report means for schemes

UK inflation will probably tumble below 1% within the next six months after hitting a five-year low of 1.2% in September, the Bank of England (BoE) governor has said.

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.