Global finance ministers braced for more skirmishes today in a week of simmering tension over “currency wars” as the G20 gathered in Moscow.

The precious metal may have lost some of its lustre as investors rediscover their taste for shares – but don't write it off just yet

Sir Mervyn King has launched a thinly veiled attack on the Chancellor for adopting policies that have made the Bank of England's job difficult by pushing up inflation.

British workers have experienced a lost decade of earnings growth thanks to the global financial crisis, with average real wages no higher in 2012 than they were in 2003, according to the Office for National Statistics.

Families were today warned that that the squeeze on their living standards will last for at least three more years.

The real value of average earnings has fallen back to 2003 levels following 30 years of strong growth, new research has revealed.

The Bank of England is expected to downgrade its growth forecasts today and warn of more financial pain for households after figures confirmed inflation remained above target last month.

A leading business body has cut its UK growth forecast for this year but said the UK should avoid a triple-dip recession.

The G7 nations’ finance chiefs and central bankers today pledged not to trigger a damaging currency war with deliberate actions to drive exchange rates down.

The Bank of England is set to keep interest rates on hold for the foreseeable future despite inflation remaining well above the central bank’s 2 per cent target last month.

Could the banks, or at least one bank, finally be starting to "get it"? The "it" being the anger of ordinary people and their frustration at not being able to exact punishment. The realisation would not be before time.

The struggling owner of the Yellow Pages will be boosted by the lifting of an outdated advertising price cap on the telephone directory this week.

On 1 August last year the Bank of England's Funding for Lending scheme was launched with the aim of providing cheaper loans and mortgages to individuals and businesses. Six months on, there's no doubt that mortgage rates have fallen as planned, but the side effects of this initiative have been nothing short of disastrous for UK savers.