Bank of England

Don't expect economic recovery soon, warns BoE

Update: Wed, 10/02/2010 - 12:25

The Bank of England has admitted that the economy will take longer to recover than expected. Read more

Interest rate frozen and quantitative easing halted

Update: Thu, 04/02/2010 - 12:15

The Bank of England has voted to freeze the base rate at 0.5% for the 11th consecutive month - and agreed to halt its quantitative easing programme. Read more

Interest rate held for October

Update: Thu, 08/10/2009 - 11:00

The Bank of England has voted to hold the base rate at 0.5% in October. Read more

Recovery could be false dawn, warns Bank of England

Update: Thu, 24/09/2009 - 09:07

Top policymakers at the Bank of England have warned that while a "virtuous" recovery is now possible, concerns remain about a potential false dawn. Read more

BoE keeps interest rates at 0.5%

Update: Thu, 10/09/2009 - 11:49

Interest rates were kept at 0.5% for the sixth consecutive month today, as the Bank of England also maintained its current level of quantitative easing. Read more

Interest rates set to remain low

Update: Wed, 12/08/2009 - 12:24

Interest rates are set to remain low for some time despite signs that the recession is easing its grip on the economy, a new report from the Bank of England suggests. Read more

BoE injects another £50 billion into the economy

Update: Thu, 06/08/2009 - 11:44

The Bank of England today pumped more money into its quantitative easing programme as it left interest rates frozen at a record low of 0.5% for the fifth month running. Read more

Interest rate unlikely to rise anytime soon

Update: Wed, 24/06/2009 - 15:53

The official rate of interest is unlikely to increase from its current level of 0.5% in the near future, the head of the Bank of England has hinted. Read more

Mervyn King, governor of the Bank of England

Banks should be scaled down, says Bank of England

Update: Thu, 18/06/2009 - 11:27

The head of the Bank of England has called for financial institutions to be scaled down with retail banking arms potentially being split off from the riskier investment side. Read more

Bank of England could monitor banks

Update: Tue, 02/06/2009 - 12:00

The Bank of England should be given the power to monitor financial firms, a report from the House of Lords proposes. Read more

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