Bank of England governor said the bank is not making a judgment on the consequences of Britain’s referendum on its European Union membership. The ce(...)

Bank of England governor Mark Carney: said any increases in the cost of borrowing will be limited and gradual. Photograph: Neil Hall/Reuters

The Bank of England’s governor says a rise in UK interest rates from their historical low is getting closer but that any increases in the cost of borr(...)

The central bank also said it would reinvest £4.35 billion of proceeds from a maturing January 2015 bond in its £375 billion of quantitative easing asset purchases.

The Bank of England kept interest rates unchanged at 0.5 per cent after its first meeting of 2015, as tumbling oil prices have pushed inflation to a 1(...)

Mark Carney, governor of the Bank of England, gestures during the bank’s quarterly inflation report news conference in London earlier this month. Photographer: Simon Dawson/Bloomberg

The prospect of an interest rate hike in Britain before the end of the year was reopened today as it was revealed that two members of the Bank of Engl(...)

Mark Carney, governor of the Bank of England, gestures during the bank’s quarterly inflation report news conference in London last week. Minutes released today of the bank’s nine-member Monetary Policy Committee’s meeting on August 6th-7th revealed that two members voted to increase interest rates, ending the longest period of unanimity in the MPC’s 14-year history.  Photograph: Simon Dawson/Bloomberg

Bank of England policymakers broke ranks over interest rates for the first time in three years this month, when two unexpectedly voted to tighten poli(...)

Bank of England governor Mark Carney answering questions at a hearing of the treasury select committee in Westminster yesterday. Photograph: Reuters

The Bank of England insisted it had no warning of alleged manipulation of foreign exchange markets before last October, even a(...)

A “sold” sign sits on a photograph of a residential property in an estate agent’s window display in London. Photograph: Simon Dawson/Bloomberg

British house prices jumped sharply in February, rising at the fastest monthly pace since May 2009, mortgage lender Halifax reported today. (...)

New governor Mark Carney pledged last week to keep rates low until unemployment hits 7 per cent. Photograph: Simon Dawson/PA Wire

Robust jobs data and unexpected dissent from a Bank of England policymaker created fresh doubts yesterday about how long the central bank will keep it(...)

Martin Weale, a member of the Bank of England’s  nine-strong Monetary Policy Committee, said policymakers should tread carefully over  flexibility in newly reworded mandate to help growth.  Photo credit should read: Yui Mok/PA Wire

The Bank of England must be careful not to cause people to doubt its commitment to its inflation target as it uses the flexibility in its newly(...)