Bank of England

The British consumer confidence unexpectedly fell to a three-month low in March as Britons grew increasingly worried about the outlook for their finances and for the economy as a whole.

Naresh Kumar Mar 30, 2012

Survey warns that more than a quarter of people have no savings amid fears over second recession.

Nicholas Edmondson Mar 29, 2012

Figures from the Bank of England and Nationwide show that people are struggling to find mortgages, while property owners are losing value on their homes.

Shane Croucher Mar 29, 2012

ONS report estimates 0.17% rate increase in 12-month Consumer Price Index following budget.

Nicholas Edmondson Mar 28, 2012

The Office for National Statistics has revised its growth figures down for the final quarter of 2011 - to an even bigger 0.3% contraction.

Shane Croucher Mar 28, 2012

British banks are required to raise more capital at the earliest as the strength of the worldwide financial markets remains weak.

Naresh Kumar Mar 24, 2012

Bank of England asked the banks not to distribute huge amounts in bonuses because of the tight financial situation.

Geetha Pillai Mar 24, 2012

J Sainsbury, the retailing and financial services and property investment group, expects customers to spend cautiously in 2012, particularly in first half of the year. Although the short term remains challenging, key events later in the year, such as the Queen's Diamond Jubilee and London 2012 Olympic and Paralympic Games provide opportunities for growth.

Naresh Kumar Mar 20, 2012

Britain's slow and steady economic growth helps it in avoiding recession, followed by upbeat data and last week's Greek debt restructuring. The Bank of England holds its asset purchase programme at £325 billion, as economists predicted 0.2 per cent growth in the current quarter.

Naresh Kumar Mar 16, 2012

Economists and financial analysts caught out by surprise surge of retail sales figures across UK despite gloomy outlook.

Shane Croucher Feb 17, 2012

Eurozone crisis following Greek default would put UK economic recovery at risk, says Bank of England.

Shane Croucher Feb 15, 2012

Inflation at lowest point since November 2010.

Shane Croucher Feb 14, 2012

UK's five biggest banks miss lending targets for smaller businesses, says Bank of England.

Shane Croucher Feb 13, 2012

Confederation of British Industry predicts Britain will avoid recession and see growth in second half of 2012.

Vinod Yalburgi Feb 13, 2012

£50bn QE 'printing money' programme to boost economy by buy up high-quality company assets, Monetary Policy Committee announces.

Shane Croucher Feb 09, 2012

Bank of England to lose independence during economic crisis under new government proposals.

Shane Croucher Jan 27, 2012

Britain's economic growth contracted by 0.2 percent in the last quarter of 2011, fuelling fears that Britain is tumbling into a double-dip recession.

Shane Croucher Jan 25, 2012

Retail sales crept up 0.6 percent in December from previous month, amid widespread price drops by struggling retailers.

Shane Croucher Jan 20, 2012

UK inflation has fallen to 4.2 percent for December, in the Consumer Price Index's third consecutive drop.

Shane Croucher Jan 17, 2012

Bank of England Monetary Policy Committee hints it will increase quantitative easing while base rate stays unchanged.

Shane Croucher Jan 12, 2012

UK inflation has fallen from the 5.2 per cent mark in October to 4.8 per cent last month bringing a welcome respite to the Bank of England.

Tom Nicolson Dec 13, 2011

The eurozone rescue deal briefly outlined Friday by the German chancellor and French president hasn't gone down well with Standard & Poor's, but the "Big Bazooka" Summit? Not if Bundeskanzlerin Merkel has her way.

Graeme Mackay Dec 12, 2011

2011 was a very difficult year for business and there are few signs that 2012 will be any better.

Shane Croucher Dec 08, 2011

The central banks of Europe have begun preparing contingency plans to re-print old currencies should the euro perish amidst the eurozone crisis.

Tom Nicolson Dec 08, 2011

With just under a week before the European Commission, the eurozone is on a knife edge. The International Business Times UK outlines the possible scenarios for the euro in 2012.

Tom Nicolson Dec 02, 2011

Manufacturing in the UK is shrinking at its fastest rate for almost two and a half years in a trend that is likely to lead to more job losses.

Tom Nicolson Dec 01, 2011

The governor of the Bank of England, Mervyn King, has stated his intentions to look after the UK banks “whatever direction the debt storms come from.”

Tom Nicolson Dec 01, 2011

Figures showing just 0.5 per cent growth for Britain's GDP remain unchanged after a second estimate.

Shane Croucher Nov 24, 2011

The continuing eurozone crisis will mean that the Bank of England will “inevitably” print more money to keep the British economy afloat.

Tom Nicolson Nov 24, 2011

A “bunged-up” Labour leader put the Prime Minister under pressure over the state of youth unemployment during a feisty PMQs session in the House of Commons.

Tom Nicolson Nov 23, 2011