Quantitative Easing

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

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.

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

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.

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.

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.

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.

Chancellor George Osborne announced that he has appointed the Confederation for British Industry's chief economic adviser to the rate-setting committee as Posen prepares to depart.

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.

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.

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

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.

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

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.

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.

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.

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

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?

There is a 50-50 chance of the Bank of England extending its monetary stimulus, according to a poll of economists, hinged on the state of the eurozone

Global fund managers surveyed by BofA Merrill Lynch say they expect more quantitative easing from the European Central Bank within four months

Bank of England's Monetary Policy Committee holds interest rates at their record low and leaves quantitative easing target unchanged despite dismal UK economy

Britain's prime minister told David Cameron parliament that 600,000 jobs had been created in the private sector since his coalition government took office in May 2010.

The retail sales fall wipes out gains made in March and is another sign that the UK is back in recession.

UK firms pay a price with older workers who are forced to work as their savings and pensions dwindle in value.