Bank of England

UK GDP slump will add pressure on government to alter policies which have delivered longest double-dip in half a century.

Economists think UK recession will extend into third quarter when ONS publishes preliminary second-quarter GDP estimate.

London 2012's opening ceremony takes place on 27 July, but as the Olympic Games start so does counting the cost. IBTimes UK looks at how the cost to taxpayers has bloated by billions.

UK public debt is now at its highest rate against GDP in over forty years, as the double-dip recession takes its toll on the economy.

Bank of England instruct law firm Freshfields Bruckhaus Deringer to advise on issues related to rate-fixing scandal.

Final word on annual assessment of UK economy puts further pressure on Osborne's Plan A.

The merits of Libor, and its alternatives, are expected to be discussed by the Economic Consultative Committee on 9 September.

Bank of England Governor Mervyn King to lead discussions with world's central bankers on shut-down of controversial $550tn benchmark

Under the UK Guarantees scheme major infrastructure projects struggling to find finance will be underwritten by the government, Chancellor George Osborne said.

Bank of England's monetary policy committee ignores calls from IMF and will not cut rate for months to see if policies working.

Bank of England and British Bankers Association failed to act on recommendations of US regulators on Libor manipulation in 2008

Bank of England governor Mervyn King dodges crucial questions from the Treasury Select Committee on his role in libor affair.

UK inflation has fallen to its lowest reading since November 2009, loosening its grip on consumers' hard pressed finances.

BoE's most senior officials testify before Treasury select committee about level of management in Barclays' Libor fixing scandal.

Chancellor desperate to restore reputation and drag Britain out of recession orders big push from rail investment to Bank of England stimulus.

Treasury Select Committee testimony by bank's chief operating officer and senior FSA officials could shed light on scam.

Ernst & Young's ITEM Club economic outlook report says falling UK inflation will lead to consumer spending boost and return to economic growth in second half of 2012.

London 2012 will not provide a long-term boost to the UK economy, according to a Reuters poll of economists, as the country searches for a way out of recession and towards a recovery.

Pair say banks will be able to borrow at 0.25 percent interest to incentivise cheaper lending into the real economy, namely consumers and businesses.

Washington Post reveals memo to BoE Governor that casts doubt on his Deputy's testimony to UK lawmakers.

Independent fiscal watchdog Office for Budget Responsibility says more austerity needed to bring public debt down to pre-crisis levels.

Confederation of British Industry head says Chancellor Osborne and government have failed to implement infrastructure investment plan as the UK wallows in recession.

Barclays chairman Marcus Agius would not back beleaguered former chief executive Bob Diamond's testimony to MPs that he only found out about Libor fixing allegations in June.

BoE needs "poacher turned gamekeeper" if it's to keep pace with pace and complexity of modern finance

Two former Bank of England monetary policy committee members, Danny Blanchflower and Andrew Sentance, fought over what should be done to help the ailing UK economy.

Barclays' chairman Marcus Agius 'first aware' of investigation in April 2010, revealing two-year difference with ex-CEO Bob Diamond's account.

Emails between Tucker and Diamond, released ahead of the deputy governor's appearance before Treasury committee, show the level of detail discussed over bank's finances.

Ed Miliband, Ed Balls, George Osborne, Vince Cable and David Cameron have all spoken out about the banking industry and the need for reform since the Libor scandal broke.

Deputy BoE governor Paul Tucker to be grilled over conversations with former Barclays chief executive Bob Diamond.

Paul Tucker, Bank of England deputy governor, faces a showdown with MPs over his role in the Barclays Libor scandal - IBTimes UK explores the key questions.