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Bank of England Holds Fire on Key Rate and QE
An improving economy that will likely emerge from recession in the third quarter deters Bank of England policymakers from yet more quantitative easing
George Osborne 'Should Scrap UK Debt Target', Economists Say
Economists surveyed by Bloomberg say more austerity to meet debt target threatens UK's recovery from recession
UK House Prices Drop 1.4% in a Year - Nationwide
Robust labour market and limited supply preventing sharper decline
Spend More on 'Weak and Inadequate' UK Economy BCC Tells George Osborne
British Chambers of Commerce business survey shows falling confidence, investment and new hires as damp domestic demand hinders economy
UK House Prices Fall a Third Straight Month in September
Hometrack's research shows weakening demand but tight supply helps underpin house prices from a sharper decline
UK Manufacturing Continues Decline for Fifth Consecutive Month - PMI
September saw another fall in activity for embattled manufacturing sector according to leading private industry survey
RBS Plans £3.5bn Stock Market Float of Direct Line Insurance
Sale of Britain's biggest car insurance group comes after formal OFT referral to Competition Commission.
UK Service Economy Signals End of Recession
Service sector bounce in July suggests UK economy will return to growth in third quarter
BoE's Paul Fisher: £100 Billion Boost to UK Economy from FLS
Bank of England rate-setter Paul Fisher expects significant injection to recession-hit British economy through lending to consumers and small businesses
UK Mortgage Approvals Lift in August as Housing Market Demand Slowly Recovers
British Banking Association data shows more first time buyers entering housing market in August
Libor Scandal: Regulators Push for Major Changes as RBS Faces New Allegation
EU lawmakers hear case for major changes as UK's FSA prepares recommendations for biggest reforms in decades.
RBS Deepens Job Cuts at Investment Bank
State-owned lender will shed 3,800 jobs at investment unit by 2013 taking, total job cull under CEO Stephen Hester to more than 36,000 since 2008 rescue
Government to Set Up £1bn State-Backed Business Bank
Move designed to help SMEs unable to secure credit from existing lenders.
Rise of the Self-Employed: How More Britons are Ditching Their Bosses to Work for Themselves
An increasing number of people in the recession-hit UK economy are becoming self-employed. IBTimes UK explores.
Mervyn King's Channel 4 Interview Gets Easy Headlines But Misses Larger Concern
The timing of the Bank of England Governor's first live television interview raises serious questions about his political independence.
Osborne to U-Turn as Britain Posts Biggest August Budget Deficit on Record
Despite austerity to tackle Britain's deficit in public finances, the budget gap is widening and Chancellor George Osborne may be forced to reveiw debt target.
Mervyn King: UK's Economic Recovery Hinges on Eurozone Crisis
Bank of England chief says eurozone crisis is hanging over the UK like a dark cloud of uncertainty.
Lloyds Grabs £1 Billion from Bank of England Credit Easing Scheme
Lloyds bank said it will use Funding for Lending Scheme cash to cut borrowing rates for homebuyers and small businesses
Bank of England Warns of Inflation Spike as Food, Fuel Prices Escalate
Bank holds key rate at record low 0.5 percent but says short-term risk of price rises has intensified.
National Statistician to Consult Over Changing How ONS Calculates RPI Inflation
RPI formula may be made similar to CPI which would likely bring headline figure down, hitting index-linked gilt holders and workers' wage negotiations
UK Inflation Drops to 2.5% in August
Office for National Statistics reports that falling price of furniture and household goods and services brought down CPI inflation in August
Aldermore's Phillip Monks: Our SME Lending Will Pass £1 Billion in September
Phillip Monks, head of challenger bank Aldermore, insists small business demanding finance as he signs up for Bank of England's Funding for Lending Scheme.
Bank of England Governor Job to be Advertised as Mervyn King Prepares to Leave
King, who has been governor since 2003, will step down in June next year
Bank of England's Newest Policymaker Ian McCafferty Speaks Out for First Time
Ex-CBI man McCafferty is the latest monetary policy committee member and has given his thoughts on state of play for recession-hit UK economy
Vince Cable: Challenger Banks Could Channel State Funds to Small Business
Business Secretary Vince Cable touts idea of using challenger banks, such as Co-operative, to help finance struggling small firms with state investment
Planning Reforms Latest Infrastructure Push to Save UK Economy from Recession
Prime Minister David Cameron announces reforms around planning laws to stimulate house-building.
European Crisis: Draghi Details Bond Market Rescue as BoE, ECB Hold Rates Steady
ECB president Mario Draghi says plans to support bond market will preserve singleness of monetary policy but markets stall.
George Osborne to Chair Cabinet Growth Committee
As UK wallows in double-dip recession Chancellor George Osborne will lead new sub-committee for growth implementation
Useless Bank Notes Turn Into OAP Windfall in Tax Haven Jersey
Property millionaire David Kirch wants to give away collection to help the aged on Channel Island.
Embattled UK Manufacturing Sector Contracts for Fourth Month: PMI
August PMI shows manufacturing sector in slight contraction after recovering from serious July slump