News Scottish First Minister Alex Salmond presents the White Paper for Scottish independence

Scotland's First Minister will have face-to-face talks with the latest Bank of England governor for the first time

Sir Mervyn King has delivered his 82nd and final Inflation Report

What's the verdict on the King's baby?

The Governor has delivered his final Inflation Report. But how has Sir Mervyn King's analytical innovation performed?

Sir Mervyn King bows out on a high: Recovery 'in sight' at last for UK economy as Bank of England delivers final forecast

Chancellor hails improved forecasts as King presents final Inflation Report before stepping down

George Osborne (centre) with global financial policymakers at the G7 meeting in Aylesbury

George Osborne cautiously toasts 'improved outlook' for global economy after G7 meeting

The Chancellor also pledged UK action on tax evasion and avoidance

Regulator kept in dark over George Osborne loan plan

Eyebrows raised at revelation that Help to Buy scheme was kept under wraps
Sir Winston Churchill will appear on £5 notes from 2016

Sir Winston Churchill to replace Elizabeth Fry on the five pound note - leaving the Queen as only woman on a British bank note

War leader will replace penal reformer Elizabeth Fry, leaving the Queen the only woman on a British bank note

Simon English: Carney’s on a high and on a hiding to nothing

Outlook If it were possible to buy and sell stock in Mark Carney I'd be shorter than Warwick Davis.

Financial Policy Committee signs up London Stock Exchange's Dame Clara Furse

Dame Clara Furse has joined the Bank of England's Financial Policy Committee. The former head of the London Stock Exchange will be alongside Richard Sharp and Martin Taylor on the influential committee, which oversees the UK's financial system.

Budget 2013: George Osborne turns to Bank of England for help as growth is halved

Lower growth and higher-than-expected borrowing revealed

Margareta Pagano: George Osborne has to nurture Mr Happy's confidence

The Bank of England Governor has tentatively called the recovery, and UK Plc appears to be in agreement. Now, the Chancellor has to reinforce it

Editorial: Sir Mervyn’s megaphone moments

In recent weeks, the Governor of the Bank of England has been shouting his opinions from the rooftops

Pound rallies after Bank of England boss Sir Mervyn King says recovery is 'in sight'

The battered pound fought back from recent near three-year lows today after Bank of England boss Sir Mervyn King said sterling had fallen far enough and assured a recovery was "in sight".

Recovery is in sight, says Sir Mervyn King

Sir Mervyn King, the outgoing Governor of the Bank of England, yesterday struck an upbeat tone on economic prospects this year, despite the UK flirting with an unprecedented triple-dip recession.

EU cap on bankers' bonuses is unhelpful distraction, says Sir Mervyn King

The controversial European Union cap for bankers' bonuses is an unhelpful "distraction", according to the UK's top financial sector regulators.

Incoming Bank governor Mark Carney

It's not the end of the world – but it's the end of any false complacency

This is bad news. A drop in a credit rating by one agency does not matter that much in itself, for heaven knows, the rating agencies have been absurdly wrong in their judgements. The AAA ratings they gave to dodgy US housing debt were one of the factors in the banking crash of 2008. Both the US and France have seen a similar modest downgrading of their debt. But it matters because it focuses investors on the inherent weakness not just of British national finances at the moment but also of the longer-term commitment of the UK authorities to holding down inflation and assuring investors that they will get paid back in real – rather than devalued – money.

Mark Leftly: After 4G blow, is the luck running out for George?

Outlook Every time the Chancellor thinks he's found a pot of gold, he finds that the last lot have already looted it. In gold's case, of course, that's quite literally the case, Gordon Brown having sold off the bulk of the nation's precious metal near the bottom of the market over a decade ago.

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New novel in pipeline as Jeremy Corbyn's rise inspires sequel
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The Beatles film Help, released 50 years ago, signalled the birth of the 'metrosexual' man

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The Beatles' moptop haircuts and dandified fashion introduced a new style for the modern Englishman, says Martin King
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Ashes 2015: Steven Finn goes from being unselectable to simply unplayable

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Middlesex bowler claims Ashes hat-trick of Clarke, Voges and Marsh
Mullah Omar, creator of the Taliban, is dead... for the fourth time

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I was once told that intelligence services declare their enemies dead to provoke them into popping up their heads and revealing their location, says Robert Fisk
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The author looks back on what she wrote about oil in 2009, and reflects on how the conversation has changed in a mere six years
New Dr Seuss manuscript discovered: What Pet Should I Get? goes on sale this week

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Oculus Rift and the lonely cartoon hedgehog who could become the first ever virtual reality movie star

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Virtual reality is the 'next chapter' of entertainment. Tim Walker gives it a try
Ants have unique ability to switch between individual and collective action, says study

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The insects have an almost unique ability to switch between individual and collective action
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The singer tells Nick Duerden about receiving death threats, why the world is 'mentally ill', and how he can write a song about anything, from ecology to crumpets
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