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Food and fuel sales help curb CPI

Food and fuel have helped to curb CPI - the main measure of inflation - after falling oil prices meant that petrol fell by 2.6 pence per litre and extra sales from the World Cup and warmer weather kept food prices low.

A petrol pump is seen at Tesco's in Leeds, northern England

Inflation falls 0.2 pct; Worries remain

CPI, Consumer Price Index, fell just 0.2 pct today as the high cost of fuel continues to remain a pressure on the average household expenditure leaving inflation invariably high.

The Bank of England is seen behind blossoming flowers in the City of London

Bank of England keeps interest rates on hold despite last month's split

The Bank of England has decided to keep interest rates on hold for a fourteenth consecutive month despite a split in last month's decision to hold it at 0.5 pct.

A man travels in a double-decker bus as it passes the Bank of England in central London

Will Bank of England look at raising interest rates next week?

Next week will see the Bank of England make its latest decision on interest rates and could see Monetary Policy Committee members take a good look at the possibility of raising interest rates.

Britain's PM Cameron arrives at the G8 Summit at the Deerhurst Resort in Huntsville, Ontario

Leaders end G8 without agreement on bank tax; G20 begins

Leaders of the Group of Eight Industrialised Nations have ended their summit without an agreement on an international bank tax.

A woman uses an ATM at a Royal Bank of Scotland branch in the City of London

RBS and HSBC share price up on FTSE 100 ahead of G20 meeting

Shares in British banks were mixed on the FTSE 100 in morning trading ahead of this weekend's G20 meeting in Canada.

People walk through Royal Exchange with Bank of England seen behind in central London

Bank of England tells banks to cut bonuses and dividends

The Bank of England has told its banks to cut bonuses and reduce dividends to provide for a 'considerable' risk in the Eurozone.

Hector Sants stresses continuing regulatory reform under the Bank of England

Hector Sants, Chief executive of the FSA. has announced continuing reform under his tenure at the regulator's Annual General Meeting.

Budget to tackle the deficit with spending cuts rather than taxes

Britain's toughest package of austere measures are to set the tone today in George Osbourne's first Budget as Chancellor of the Conservative minority Government.

Bad debts fall as net lending to businesses remains negative

The rate at which banks are writing off bad debts are falling according to the Bank of England, although demand for new loans remains slow.

A woman passes the Prudential offices in central London

'Rule Britannia' say brokers to Prudential

'Rule Britannia' is the message that one brokerage, Nomura is giving these days, after Prudential’s failed bid for AIA, highlights the need for ‘British’ businesses to target a ‘British market’.

A plaque depicting Britannia is seen on the outside of the Bank of England in the City of London

Macro-prudential regulation returns back to its maker

Macro-prudential regulation has returned to its maker, today after the Government announced it would be restoring the UK's Central Bank - the BoE as the chief regulator of the financial system.

Unemployment increases 0.1 pct as claimant count falls to lowest since March 2009

UK Unemployment has increased 0.1 pct with the jobless rate at 7.9 pct for the three months to April 2010.

A man passes a doorway at the Bank of England in the City of London

Inflation expectations up to 3.3 per cent over the next year, BoE survey

A survey by the Bank of England on public attitudes to inflation found that respondents believed the rate of inflation over the coming year will be 3.3 per cent, the highest since August 2008 and up from 2.5 per cent reported in February.

BoE keeps interest rates on hold for 13th consecutive month

The Bank of England has kept interest rates at a record low of 0.5% for the 13th consecutive month.

BoE unlikely to raise rates this week

When The Bank of England's (BoE) Monetary Policy Committee meets later this week, they are certain to maintain the same low benchmark rate of 0.5% that they've had since March 2009.

Mortgage approvals increases whilst net lending remains 'sluggish'; Money supplies 'in line'

Mortgage approvals rose in April whilst net mortgage lending remained down as the Bank of England released its latest set of data Wednesday.

De la rue profits unchanged after Camelot sale; shares a 'buy'

De la rue, the banknote printer for the Bank of England, has announced that profits remain unchanged despite increase in sales this year.

A man uses use mobile phone outside the Bank of England in central London

Bank of England voted unanimously to keep interest rates at 0.5%

The Bank of England's Monetary Policy Committee voted unanimously in favour of holding interest rates at 0.5 per cent at its meeting on 7-10 May, held the week after the general election.