Earlier this year, BoE Governor Mark Carney said a further big build-up in mortgage debt was the greatest single threat to a sustainable recovery

The Bank of England gave a clean bill of health to Britain’s flagship mortgage guarantee scheme on Thursday, sparing the government from potential emb(...)

Mark Carney, governor of the Bank of England, pauses during the annual Bankers and Merchants dinner at Mansion House in London. Photographer: Simon Dawson/Bloomberg

Interest rates are expected to rise by the end of the year after Bank of England governor Mark Carney warned that the first hike from the historic low(...)

Bank of England policymaker Ben Broadbenthas said it was not surprising that Britain’s housing market was recovering along with the rest of the econom(...)

The Bank of England’s Monetary Policy Committee left its benchmark interest rate at 0.5 per cent where it has sat since the depths of the financial crisis more than five years ago. Photograph: Danny Lawson/PA Wire

The Bank of England kept interest rates at a record low today, despite signs that Britain’s economic recovery is picking up more speed and that house(...)

Thousands of staff across dozens of London’s financial firms will be put through a “war game” scenario today to test how well they can handle a major cyber attack. Photograph: Jonathan Player/The New York Times.

Thousands of staff across dozens of London’s financial firms will be put through a “war game” scenario today to test how well they can handle a major (...)

Barclays is trying to plug a larger-than-expected capital shortfall. REUTERS/Toby Melville

Taking on the regulators is always a risky business, even for a squeaky clean company of good repute. For Barclays, where the misdeeds and scandals ju(...)

The UK property market is showing signs of recovery

UK mortgage approvals rose more than economists forecast in May to the highest since 2009, indicating that the Bank of England’s credit-boosting progr(...)

Bank of England governor Mervyn King at the opening of the Prudential Regulation Authority. Photograph: Lefteris Pitarakis/Reuters

RIP the FSA – and welcome the PRA, the FPC and the FCA. As if the City of London’s regulatory regime weren’t complicated enough, a new set of a(...)