The Treasury Committee chairman wants faster action to improve banks' creaking IT systems. He has a point
The controversial scheme will not be extended beyond 2016 but other parts of Help to Buy will remain in place
Mortgage approvals slipped to 60,058 in August, the lowest since November 2014, which analysts said pointed to a softening of the housing market
The deputy governor for banking and markets argued another cut would help ensure a slowdown "doesn’t turn into something more pernicious”
Sterling plummeted 10% following the EU referendum pushing up the prices of imported ingredients
The Financial Policy Commitee says risks are still 'challenging' for commercial real estate and indebted households
The two-year fixed rate from HSBC is the first fixed deal to dip below 1 per cent but analysts say other lenders may follow, leading rates even lower.
'They say you can do a lot with the new plastic fivers. How about donating it to charity?'
In August, the Bank of England cut interest rates for the first time since 2009
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
Airline scales back expansion; Bank says it won't stifle burgeoning financial technology industry with rules; Travel agent shares boosted by Chinese venture
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