BANK OF ENGLAND

The Bank of England (BoE) is expected to take a call on whether to extend its £325 billion quantitative easing to support the economy when it meets this week, as it cannot ignore Britain's above-target inflation even though official data shows the country is back into recession.

A house price index from Halifax shows UK house prices as dropping 2.4 percent after surging demand ahead of the end of a stamp duty holiday pushed them up.

RBS shares rise as loan repayment marks the beginning of long march to government stake sale

Mervyn King offers little insight, lots of cliché, in first peacetime radio address from a Bank of England Governor since 1939

Manufacturing output in the UK surprised to the downside in April, as the exports orders of the country declined due to slowing eurozone economy, putting the British economy at a risk of prolonged recession.

New orders drop the most in three years as UK manufacturing sector slows further into the second quarter

Experts point to data, history in sceptical reading of ONS data on economic growth

Huge construction sector slump plunges UK into "double-dip" territory as the UK economy contracts for the second consecutive quarter.

Thinktank forecasts cost of living will rise at least 2.7 percent this year on back of high oil and commodity prices.

Spanish yields rise, shares wobble as investor tone changes

Sterling surges past five-month high as sales, volumes smash analysts' expectations, driven by fuel sales amid tanker drivers strike fears

Pound surges on forex markets as key QE voice ends push for more stimulus

Unemployment rate has seen its first quarterly fall in a year, to 2.65m and a rate of 8.3 percent.

Consumer prices rise 0.1 percent from February, driven by rising food and clothing prices, according to the Office for National Statistics

Report forecasts even lower growth for UK in 2012 than 'depressing' 2011 figure and blames businesses for hoarding cash rather than investing it.

Regional purchasing managers index data shows London's services sector and West Midlands manufacturing as the forces behind the UK economy's positive start to 2012.

The government bond markets could be weakened by July after the implementation of "Volcker Rule" in the U.S., said the Head of the U.K.'s Debt Management Office (DMO) on Monday.

For the service sector dependent Britain, each holiday costs the economy £2.3 billion.

Bond yields rise, shares slump as Europe's problems appear to deepen

MPC's key lending rate unchanged for 37th consecutive month

Governor Mervyn King and the MPC face growth and inflation dilemma