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 and his two MPC colleagues felt there was a case for more QE to support the recovery

Pound slumps after bank reveals split on stimulus

The pound has plummeted on international exchanges after a surprise split emerged on the Bank of England’s Monetary Policy Committee (MPC) about whether more stimulus should be injected into the struggling British economy.

Polymer banknotes were first issued as currency in Australia

Cash? It's time to put it all on plastic, says new Bank of England governor

Plastic bank notes could soon replace paper money in Britons' wallets, the incoming governor of the Bank of England has hinted.

Next Governor of the Bank of England, Mark Carney, defends £800,000-a-year pay and perks package

Relaxed but no revolutionary, Mark Carney keeps banking reform on the table

New Bank of England Governor Carney faces grilling from MPs

Incoming Bank of England Governor Mark Carney faces his first public grilling on British soil this week as rate-setters decide whether to pump more stimulus into the UK's flat-lining recovery.

Hamish McRae: Things are looking up, so why this gloom from IMF?

Economic View: How well we in Britain do will largely be determined by what happens to the rest of the world

Sir Mervyn King: The Governor of the Bank of England was warned in August 2007, a month before everyone else, that Northern Rock had serious problems, but did nothing to prevent the first run on a British bank in decades. He then 'panicked', according to angry MPs, yet stayed in his job and last year picked up a knighthood.

Bank of England boss Sir Mervyn King slates bank bonus tax move

Bank of England Governor Sir Mervyn King today said it would be “depressing” if bankers choose to defer their bonuses until after the introduction of the new 45p income tax rate.

Banks win victory over new Basel liquidity rules

Standards will be more relaxed than planned and also phased in over four years from 2015

Growth forecasts should have been cut sooner, admits King

Bank of England governor Sir Mervyn King today admitted policymakers should have cut growth forecasts sooner.

Mark Carney won praise for his stewardship of Canada’s economy

George Osborne gets his man: Mark Carney named as new Bank of England Governor

Canadian Mark Carney is first foreign Governor of the Bank of England in 318 years – but can he ride to the economy’s rescue?

Mark Carney: The outsider wins again

The Bank's new Governor, Canadian Mark Carney, is a dark horse who is needed to bring in a new beginning, says Russell Lynch

George Osborne hails 'outstanding' banker Mark Carney

Chancellor George Osborne today described the next governor of the Bank of England as "the outstanding central banker of his generation", as he unveiled Mark Carney to MPs.

Editorial: A lesson from London's new In and Out Club

Pity Roberto Di Matteo. Having earned his confirmation five months ago, when he took Chelsea to victory in the Champions League, he learnt yesterday that long-termism has no place in Roman Abramovich's world view. He was out on his ear after a diminished team looked doomed to an early Champions League exit this season, the eighth manager to be found wanting in as many years.

CBI urges Chancellor to pump £1.5bn into economy

Chancellor George Osborne, pictured, should use his autumn statement to plough £1.5bn into the economy and kick-start growth, the main trade body for business said yesterday.

CBI chief calls for £1.5bn to kick-start growth

George Osborne should use his upcoming Autumn Statement to plough £1.5bn into the economy and kick-start growth, according to the main trade body for business.

Atkins fired up after Games lift

The engineering giant charged with keeping London's Olympic flame burning this summer provided an antidote to the Bank of England's gloom yesterday after a UK hiring spree.

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