Chancellor George Osborne speaks at a conference in Birmingham. Photograph: Joe Giddens/PA Wire

Inflation fell to zero last month setting the UK on course for a period of falling prices for the first time in half a century. The Consumer Price Ind(...)

Bank of England governor Mark Carney (above) said on Tuesday  it would be “extremely foolish” to use more monetary stimulus to fight a temporary plunge in UK inflation caused by declining oil prices. The Bank of England has previously said it expects its next policy move to be a hike in interest rates from their current historic lows, which investors are betting will come early next year. File photograph: Chris Ratcliffe/Bloomberg

Sterling hit a seven-year high against the euro on Tuesday as traders bet on a divergent monetary policy path between the euro zone, where a €1.1 tril(...)

Barclays’  chief executive  Antony Jenkins: “We have made very good progress. The bonus is recognition of that and I decided to accept it on this occasion.” Photograph: Simon Dawson/Bloomberg

In the City, it’s known as “the L’Oréal moment” – when a boss decides to take the bonus his board has offered “because I’m worth it”.Barclays boss Ant(...)

Mark Carney stressed that risks from low inflation in Britain related mainly to the labour market, not to deferred consumption as occurred in Japan, where deflation became entrenched during its so-called lost decade.

Bank of England chief Mark Carney has warned of the likely impact a Greek exit from the euro would have on Britain.Mr Carney also urged employers on T(...)

Mark Carney, governor of the Bank of England,  has said a negative inflation rate will be “temporary” and the UK won’t experience deflation. (Photograph: Simon Dawson/Bloomberg)

Britain’s inflation rate fell more than economists forecast in January, dropping to record low as food and fuel prices plunged. Consumer-price growth (...)

Planet Business

In Numbers: Sky’s not the limit £10.2 million Average cost (€13.8 million) to Sky and BT of broadcasting each live English Premier League match under (...)

 Mark Carney, Governor of the Bank of England. Photograph: Alan Betson

The irony of today’s meeting of the EU heads of state is that it was originally intended as a meeting where calm reflection could be had about the fut(...)

Mark Carney, governor of the Bank of England, at the World Economic Forum (WEF) in Davos, Switzerland last month. Photographer: Jason Alden/Bloomberg

Bank of England governor Mark Carney said on Monday he was worried about financial reform fatigue globally, ahead of a meeting of G20 finance minister(...)

Dr Sandra Collins and Dr Natalie Harrower of the Digital Repository of Ireland (DRI) who won the overall award for the ‘Inspiring Ireland’ project at the 2014 eGovernment Awards

On his visit to Dublin last week, as reported in The Irish Times, Bank of England governor Mark Carney spoke about fiscal risk-sharing across the euro(...)

 Mark Carney, Bank of England governor, said ‘timidity has costs’ Photograph: Alan Betson / The Irish Times

Bank of England governor Mark Carney has urged the euro zone to take the controversial step of turning its currency area into a fiscal union in order(...)