Bank of England

Inflation in the UK dropped in April, beating the consensus forecast.

Governor of the Bank of England, Sir Mervyn King, will signal on Wednesday that interest rates will remain around their record low until the end of next year at the earliest.

The Bank of England's monetary policy committee has resisted calls for further quantitative easing and has left its programme of stimulus unchanged, while holding rates.

Sir Mervyn King advocates reform to banking regulation; Strike by border staff likely to add to Heathrow chaos; Search for pensions that share the pain.

Goldman's O'Neil aims for BoE; Cameron warns Euro crisis has just begun; Spain in double dip

The UK economy contracted by 0.2% in the first quarter of the year, meaning it has slipped back into technical recession, preliminary estimates from the Office for National Statistics show.

A former member of the Monetary Policy Committee has claimed Bank of England governor Mervyn King was "unprepared" for the credit crisis and "controlled the bank with an iron fist."

Quantitative easing has no proven effect on annuity rates, pensions minister Steve Webb claims.

The government's "loose" monetary policy of quantitative easing and low interest rates is diminshing retirees' income, a report by MPs concludes.

The Governor of the Bank of England has denied quantitative easing has accelerated the decline of defined benefit provision.