Bank of England

Minutes from the Bank of England's Financial Policy Committee reveal fears over the scale of banks' exposure to global risks, such as the eurozone crisis.

One of the major things learned from Treasury Select Committee grilling of Barclays' newly resigned CEO Bob Diamond, is that they probably won't be up to the task of leading a parliamentary-led inquiry.

Mervyn King and the Bank of England's rate-setters will plough an extra £50bn into the economy through monetary stimulus, in another bid to pull the UK out of recession.

Bank of England adds £50bn additional firepower to asset purchase programme

Bob Diamond, ex-boss of Barclays Bank, tells MPs he only recently found out about Libor scandal - but the bank's annual report for 2011 suggests otherwise.

Barclays Libor Scandal: IBTimes UK finds that former Labour ministers, BoE chiefs and some of the largest banks bosses will be in the docks

Slowing growth in UK's service sector, the dominant part of British economy, signals recession may extend into another quarter.

Ex-Barclays CEO Bob Diamond faces Treasury select committee MPs in tough three-hour grilling.

"Wink and Nod" revelations in Barclays Libor rigging scandal make Bank of England Governor's position untenable.

Former financial titan due to appear before Treasury select committee to give evidence on Libor scandal.

Deputy Governor Paul Tucker named in Barclays memo from Bob Diamond to John Varley

Chancellor George Osborne says austerity is why gilt yields have hit record lows, but IBTimes UK explores the bigger reasons for Britain's low cost of borrowing.

Rate fixing scandal provides cover for politicians and policy makers alike

June purchasing managers index data shows that UK manufacturing output did not recover out of a contraction from its three-year-low in May.

His resignation comes after the bank was fined £290 million for trying to tweak Libor.

The IBTimes UK investigates the broken trust between banks and customers in the wake of a the industry's "septimana horribilis"

The Bank of England's financial policy committee recommends in a report that UK banks use their cash reserves to continue lending to the wider economy if the recession bites harder.

Britain's economy contracted by 0.4 percent in the final quarter of 2011, worse than previously thought, according to revised Office for National Statistics data.

The Bank of England governor Mervyn King warned that two new schemes to get banks lending are not guaranteed to work and help pull the UK out of recession.

Cyprus becomes fifth Eurozone state to seek financial help ahead of 20th Summit since crisis began in 2010

Rating agency Standard & Poor's said in a report that British consumers are unlikely to increase their spending and lead the country out of its double-dip recession.

Reports suggest ratings firm could downgrade UK banks as part of review of global capital markets firms

UK retail sales in May beat analyst expectations as the approaching Jubilee celebrations helped boost consumer spending.

With the Bank of England monetary policy committee narrowly voting against more quantitative easing, analysts expect another cash injection soon.

Latest minutes from the Bank of England's monetary policy committee reveal a close split on whether to inject more quantitative easing into the UK economy.

'All necessary policy measures' pledged to fight debt crisis as European leaders depart G20.

UK inflation has fallen again, giving the Bank of England more to think about in its quantitative easing programme as Britain wallows in recession

Spain €3bn short-term debt sale hits 5 percent yield as German investor sentiment falls the most since 1998

George Osborne said he wants the value of UK exports to increase to £1tn by the end of the decade - but the industry is in decline. Here is why.

The Chancellor and Bank of England governor, George Osborne and Sir Mervyn King, say their new plan will encourage cheap bank lending to businesses - but do they want credit?