Bank of England
The Bank of England’s decision today to pump an extra £50bn into the UK economy is likely to drive annuity rates down further, insurers have warned.
The Bank of England’s Monetary Policy Committee (MPC) has increased its quantitative easing programme by £50bn as it looks to shore up the UK’s ailing economy.
Limits on loan-to-value (LTV) mortgages were back on the agenda last night after George Osborne told MPs the Bank of England could intervene to prevent another housing crisis.
Other Bank of England articles
The government will not ensure the new Financial Policy Committee (FPC) includes an expert on insurance, the Chancellor has said.
The Bank of England will this week pump at least £50bn into the economy, according to a report in the Independent.
Robin Hepworth, CIO of Ecclesiastical Investment Management, looks at the options now the supposed safe havens of cash and government bonds are out of bounds for most investors.
Unsecured lending to consumers fell the most in almost 20 years last month, the Bank of England (BoE) said, reigniting expectations it would authorise further asset purchases next month.
A draft report released by the FSA today has further detailed the relationship between the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA).
The Treasury today published the Financial Services Bill, which when passed will enshrine the new regulatory structure in law.
The Bank of England’s Monetary Policy Committee (MPC) once again voted unanimously to maintain interest rates at 0.5% and keep the quantitative easing (QE) programme at £275bn in January, despite fears inflation may fall below target levels.
Bank of England governor Mervyn King last night backed calls for limits on boardroom pay, in a speech in which he also said the UK's economic recovery would be "arduous" and hinted at a further round of quantitative easing.
The Treasury Select Committee has criticised proposals by the Bank of England to increase accountability, saying they fall "well short" of what is needed.
Fears of a period of prolonged inflation are “unfounded”, Monetary Policy Committee (MPC) member Adam Posen said, after UK inflation dropped sharply.
Previous Next 
Most read articles
Most commented articles
Viewpoints
At the start of one of busiest times of year it is easy to think about all the obvious things...
In Focus
Transferring clients’ assets between organisations can be a major headache – often time...
Latest jobs
Basic salary up to £22,000 + £5,000 OTE to really maximise your earnings: Moneyhelpline.com: We require two qualified and experienced Life Assurance Telesales Consultants to work in a new telesales department based in London London Bridge, SE1
Coffee Lounge
Not only is there a huge selection of games but why not try your hand at our Daily Sudoku
Secrets & lies: The struggle to whistleblow
Parents unaware of children's CI benefits
“It’s a jolly sight harder staying independent than I thought”
MP pledges to re-ignite long stop debate
Hargreaves Lansdown delivers record £72m profits