The debate over the Central Bank’s proposed controls on mortgage lending rumbles on

The debate over the Central Bank’s proposed controls on mortgage lending rumbles on with the airing of various interest group’s submissions to the ban(...)

A drop below   an inflation rate 1 per cent would force Bank of England governor Mark Carney to write an explanatory letter to the UK government.

The Bank of England isn’t under pressure to raise UK interest rates as inflation slides further below its target, bank policy maker David Miles said(...)

Mario Draghi, president of the European Central Bank, will preside over increased transparency Photograph: Bloomberg

The European Central Bank said on Thursday it would start publishing accounts of its monetary policy meetings next year, a move that will raise the E(...)

UK chancellor of the exchequer George Osborne. He is to sell some of government’s stake in Lloyds.

UK chancellor of the exchequer George Osborne said his government will cut its stake in Lloyds banking group in the run-up to May’s general election, (...)

The Markit household finance survey’s measure of financial well-being for the next 12 months rose to its highest level since the survey started six years ago

British households were more optimistic in December about their financial prospects in the coming 12 months than at any point in the last six years, (...)

Traders said CRH was the most heavily traded stock on the Iseq

The Iseq nudged up by close to 1 per cent as, despite worries over Russia’s economy, a rally in energy shares sent US and European equities higher af(...)

The Bank of England sign on the wall of its headquarters in London. A power cut at the bank added to the drama of banking stress tests yesterday

A power cut at the Bank of England added to the drama of the banking stress tests on Tuesday, as reporters and officials were forced to quit Threadnee(...)

Mark Carney, governor of the Bank of England, pauses during a news conference . Photographer: Chris Ratcliffe/Bloomberg

Royal Bank of Scotland and Lloyds barely passed stress tests set by the Bank of England, which said their capital at the end of last year fell short(...)

Alan Yarrow, the lord mayor of the City of London. “We have got to make sure that we have got friends in Europe”

Britain needs friends in Europe, says Alan Yarrow, the Lord Mayor of the City of London, who is becoming ever more concerned about the drift in the (...)

European Central Bank (ECB) President Mario Draghi addresses an ECB news conference . Photograph: Ralph Orlowski/Reuters

The European Central Bank will decide early next year whether to take further action to revive the euro zone’s economy, its president said on Thursday(...)