Bank of England keeps stimulus program unchanged

LONDON (AP) -- The Bank of England refrained Thursday from pumping more money into the U.K. economy, citing improved signs of growth, as it held its first meeting since the arrival of the new governor, Mark Carney.

Bank of England upgrades economic growth forecasts

The Bank of England has upgraded its economic growth forecast and said that inflation should fall faster than previously predicted. In his last inflation report as the Bank's governor, Sir Mervyn King said inflation should drop to its target of 2% within two years.

BoE governor backed more stimulus for UK economy

LONDON (AP) — The Bank of England expressed growing concern over Britain's economy and came surprisingly close to backing another monetary stimulus in a move that piled further pressure on the pound.