Bank of England to examine whether financial reforms have held back growth

Mark Carney has told the government that the Bank of England is to examine whether policies intended to strengthen financial stability in the economy have held back economic growth.

Central Banks Across the World Pressured to Fight Against Euro Depreciation

Greece’s debt turmoil has found a favorite conduit for spreading contagion: the $5.3 trillion-a-day foreign-exchange market.

Bank of England keeps interest rates on hold at first post-election meeting

The Bank of England has decided to keep its interest rates on hold this May, keeping them unchanged for the first time since the general election.

Surprise inflation fall may put interest rate rise on hold

The prospects of an interest rate rise in the next few months have dimmed after inflation fell to a five-year low last month. Official figures showed inflation dropped to 1.2% in September from 1.5% in August as food and fuel prices fell.

European Stocks Decline With FTSE 100 After BOE’s Carney

European stocks fell to a four-week low, erasing earlier gains, as U.K. shares dropped after Bank of England Governor Mark Carney said the time to increase interest rates is getting closer.

U.K. Workers Get No Relief as Wage Squeeze to Extend Into 2015

U.K. households will have to wait until the second quarter of next year before the squeeze on their living standards starts to properly ease, according to a Bloomberg survey of economists.

Bank of England edges closer to interest rate rise

The Bank of England signalled it is edging closer to a rise in interest rates but admitted it is in the dark about the true state of the British economy.

Something's got to give in Italy: better it be Draghi with a bag of cheap loans

European Central bank boss Mario Draghi came to London last month to criticise his fellow Italians.

Iraq crisis, UK rate warnings hit European shares

LONDON, June 13 (Reuters) - Major European stock indexes ended lower on Friday, with British equities slipping on the possibility of an early rate hike and travel stocks hurt by concern the Iraq conflict will raise oil prices.

Pound Bulls Unfazed by Carney’s Tone Say Rally Isn’t Over

Pound bulls still have reason to be optimistic following the Bank of England’s attempts to temper interest-rate expectations, according to firms from Bank of New York Mellon to Mizuho Bank Ltd.

Bank of England's Paul Fisher says may hold off on more QE: Report

LONDON: A Bank of England policymaker who has been one of its biggest proponents of more bond buying said in an interview on Sunday that the bank could hold off from pumping more money into the economy if its new forward guidance plan works.

Bank of England's rate guidance aims to boost confidence: Charlie Bean

LONDON: The Bank of England's decision to provide explicit guidance on the path of interest rates was motivated by the desire to give consumers and firms more confidence to spend, deputy governor Charlie Bean said on Saturday.

UK inflation rate falls to 2.8% in July

The rate of consumer prices index (CPI) inflation fell to 2.8% in July, down from 2.9% in June, according to the Office for National Statistics (ONS).

U.K. Property Prices Increased in January, Acadametrics Says

U.K. house prices rose in January as strains in the mortgage market eased and funding costs fell, Acadametrics Ltd. said.