Carney Holds U.K. Bankers to Account in Conduct Overhau

Mark Carney and George Osborne are making it personal. Seven years after the U.K. bailed out some of its biggest lenders, the Bank of England governor and chancellor of the Exchequer have turned their focus to the behavior of individuals.

David Cameron warns of looming second global crash

David Cameron has issued a stark message that “red warning lights are flashing on the dashboard of the global economy” in the same way as when the financial crash brought the world to its knees six years ago.

George Osborne questions impact of regulations from Bank of England

George Osborne is calling on the Bank of England to consider the impact on lending to business and households as it toughens the regime to bolster the financial strength of the banking sector.

Biggest fall in UK shopping since 2008

The weakest underlying performance by high street and online stores since the depth of the 2008-09 recession provided fresh evidence on Tuesday of a slowdown in the economy.

Eurozone and China risks trouble Bank of England

A revival of the eurozone crisis and the resilience of the Chinese economy are regarded by policymakers at the Bank of England as significant risks to financial stability.

Osborne and Carney to miss G20 summit for Scottish referendum result

The chancellor, George Osborne, and the governor of the Bank of England, Mark Carney, are to miss next weekend's meeting of G20 central bank governors and finance ministers to ensure they are in the UK for the outcome of the Scottish referendum.

Carney's Canada Years Signal BOE Rates Caution

Mark Carney may have been recalling his time at the Canadian central bank when he cooled talk last month of an early Bank of England interest-rate increase.

One in Three Economists See 2014 BOE Rate Increase

Expectations the Bank of England will begin increasing interest rates in 2014 surged over the past month after Governor Mark Carney cautioned that investors were underestimating the risk, according to a Bloomberg survey.

Bank of England behaving like an unreliable boyfriend, say MPs

The Bank of England has been accused by MPs of behaving like an unreliable boyfriend, giving mixed messages on when the first rise in interest rates is likely.

Construction output boost for economy

Economic growth for the first three months of the year could be be revised up after official figures showed the construction industry grew by more than expected.

Bank of England Governor Mark Carney warns economy has yet to reach ‘ultimate goal’ of expansion

Interest rates are set to remain at record lows this year despite strong growth and further falls in unemployment, the Bank of England has signalled.

Bank of England to stick with low rates even as recovery builds

(Reuters) - The Bank of England looks set to keep interest rates at a record low on Thursday, despite signs that the recovery is picking up more speed and that house prices are surging.

Wages beat inflation as unemployment falls below 7%

Wage growth has finally started to outpace inflation after years of falling real earnings, and unemployment has fallen to its lowest level in five years, figures released on Wednesday show.

Bank of England announces major reorganisation

Two new deputy governors have been named at the Bank of England, as part of a radical shake-up by governor Mark Carney.

BOE Seeks Derivatives Pact to Prevent a Repeat of Lehman Cascade

The Bank of England is seeking a global pact among banks to suspend default clauses in some derivatives contracts during a crisis, in a bid to ward off bank death spirals that cascade through the financial system.

Bank of England could raise interest rates next spring, says MPC member

A Bank of England policymaker has reinforced expectations that the first rise in interest rates will come as soon as next spring, in remarks that pushed up the pound.

Carney Seeks to Maintain Low-Rate Outlook as Economy Gains

Bank of England Governor Mark Carney and his colleagues are debating how they can reflect the strength of the U.K. economy in their forecasts without suggesting that interest rates are about to go up.

Interest rates 'should stay' at 0.5% says Item Club

Interest rates should be held at 0.5% until squeezed real-term wages begin to grow - to avoid choking the recovery, a leading economic forecaster has said.

Pound Strengthens Versus Euro as Retail Sales Surge; Gilts Rise

The pound strengthened against the euro this week as a government report showed U.K. retail sales grew at a record pace for a December, adding to optimism the recovery is gaining momentum.

Mortgage rise will plunge a million homeowners into 'perilous debt'

More than a million homeowners will be at risk of defaulting on their mortgages and losing their properties in the wake of even a small rise in interest rates, a bombshell analysis reveals.