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(...)

Euan Sutherland: said one or more directors were “determined to undermine me personally” as Co-operative Group chief executive. Photograph: Reuters/Luke MacGregor

Euan Sutherland’s brief reign at the Co-operative Group has been little short of a disaster for the 170-year-old mutual organisation. Br(...)

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(...)