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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.