UK services growth slips in July as employment hits 16-month low

British services companies grew less than expected last month as hiring eased to its slowest pace since March 2014, suggesting the economic recovery weakened at the start of the second half of this year.

Interest rates: economists and homeowners brace for Super Thursday

Britain’s mortgage borrowers will be warned this week to brace themselves for higher interest rates on what City of London traders have dubbed “Super Thursday”.

Bank of England holds interest rates at record low

The Bank of England has left interest rates on hold at their record low, as widely expected, and financial markets are now looking to Governor Mark Carney’s appearance on Wednesday for more clues on when borrowing costs will rise.

Britons should not fear rise in interest rates when they come, says BoE member

The Bank of England is prepared to raise interest rates “in the near future” if inflation picks up, one of its senior policymakers has warned.

Banking culture needs fundamental overhaul not fines, Mark Carney says

Mark Carney has warned bankers they should lose more of their pay in cases of wrongdoing – in addition to forfeiting bonuses – after a series of fines for bad conduct have failed to improve standards across the scandal-hit industry.

G20's Carney says bank crisis reforms "substantially complete"

LONDON, Nov 14 (Reuters) - The job of fixing flaws that led to the 2007-09 financial crisis is largely done and the focus will now turn to spotting new risks and rebuilding trust among regulators, the Financial Stability Board said on Friday.

Interest rates may be held until late 2015 as inflation likely to fall below 1%

The Bank of England has signalled that interest rates could remain on hold until next autumn as inflation is likely to fall below 1% in early 2015.

Mark Carney: Bumpy ride ahead for global economy

Dramatic shifts in the financial landscape mean that a return to normal market conditions “could be bumpy”, Mark Carney, the Bank of England’s Governor has said.

Homemovers stranded after Bank of England mortgage payment system crashes

If you're buying or selling a house today there’s bad news from the Bank of England. Its mortgage payment system collapsed this morning, leaving potentially thousands of homemovers stranded.

UK inflation falls to five-year low of 1.2%

Inflation has slumped to its lowest rate for five years, hitting 1.2% in September and taking pressure off the Bank of England to raise interest rates in coming months.

Banks could face record fines totalling £1.8bn over currency rigging

Six major banks caught up in the investigation into rigging the currency markets are being pressed by the regulator to agree to fines – possibly of as much as £1.8bn – in the next eight weeks.

Carney: massive shortfall in currency reserves for independent Scotland

Mark Carney was dragged further into the debate about the currency implications for an independent Scotland on Wednesday, telling MPs that in the event of a yes vote Scotland would need to amass billions of pounds of currency in reserves if it uses sterling without a formal agreement with Westminster.

Swiss Rate-Setter Search Is Chance to Catch Up on Diversity

The Swiss National Bank has just gained the chance to end the century-long male dominance of its governing board.

BoE can resolve financial stability coordination issues: Broadbent

(Reuters) - There are potential "coordination issues" between the Bank of England's (BoE) new financial stability committee and other bank functions, a senior BoE official said on Saturday, adding that these issues can be resolved.

Inflation falls more than expected

The annual rate of UK inflation rate fell more than expected in July as the cost of clothing, footwear, food and non-alcoholic drinks eased.

Bank of England cuts wage forecast

The Bank of England has halved its forecast for average wage growth, saying it now expects average salaries to rise by 1.25% this year.

British Chambers of Commerce warns against 'hasty' rate rise

The Bank of England should not make any "hasty decisions" on raising interest rates, warns the British Chambers of Commerce (BCC).

Bank of England hints at possible rate rise this year

The governor of the Bank of England, Mark Carney, has signalled that interest rates may rise this year.

Bank of England Governor issues warning over housing inflation

Britain’s housing market has deep structural problems and rising prices represent the biggest risk to the economy, the Governor of the Bank of England warns today.

Bank may yet need to go nuclear to burst the housing bubble

The Bank of England did not need the Organisation for Economic Cooperation and Development to point out the risks of a property bubble in the UK.