The Bank hopes that by driving down borrowing costs it will spur the company to make greater investment in the UK
'You're going to jail for destroying money Piers'
Consumer prices rose 0.6 per cent in the year to August, unchanged from July. But producer input prices jumped by 7.6 per cent
A spilled drink should have a little effect on the new notes, which can be wiped clean and will even survive a standard laundry cycle with 'minimal damage'
Jobs and housing surveys were gloomy last month but have rebounded strongly in August
Bank of England Governor defends stark warnings about recession in wake of Brexit vote as economy shows signs of resilience
‘The incidence of financial sector misconduct has risen to a level that has the potential to create systemic risks by undermining trust in both financial institutions and markets,’ Mr Carney has told the G20
Some saving account providers made cuts up to five times larger than the Bank of England base rate reduction last month. And experts warn there is more pain to come.
Experts say prices will likely weaken as heightened uncertainty following the UK’s vote to leave the EU weighs down on consumer confidence
Santander said the changes were being made ‘due to the market expectation of interest rates staying lower for longer’
The pension funds’ unwillingness to sell is frustrating the Bank’s attempt at unprecedented monetary expansion and, thus, the authorities’ wider ambition to support the economy during the slowdown in growth after the EU referendum
Experts said pension funds would be reluctant to sell long-dated Gilts, even at the high prices offered by the Bank, because of regulatory requirements
Bank of England accused of allowing banks to be overexposed in event of new financial crisis
Bank says decision to leave the EU will lead to lower growth, higher inflation, fewer jobs and ordinary people worse off
The Big Questions: Will your mortgage repayments fall, will your savings earn less interest, and will this stimulus really help the economy grow?
A dramatic set of figures show UK economy will virtually grind to a halt because of decision to leave the EU