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(...)

Bank of England deputy governor Andrew Bailey said “We have no evidence yet, and we have not seen the evidence that was in the Bloomberg report.”

The Bank of England has seen no evidence to back media allegations that it condoned or was aware of manipulation of reference rates in the fore(...)

Andrew Bailey, Bank of England chief executive officer of the UK’s Prudential Regulation Authority. Photograph: Matthew Lloyd/Bloomberg

The Bank of England (BoE) has seen no evidence to back media allegations that it condoned or was aware of manipulation of reference rates in th(...)

As yet another investigation is launched into the plight of the Co-operative Bank, a new round of the blame game was played out in Westminster yesterday. Photograph: Bloomberg

They are known as the “boomerang generation” – because they keep coming back home. Latest government statistics show a record 3.35 million 20-34 year (...)

The disgrace of Paul Flowers (63), who was filmed handing over £300, allegedly to pay for cocaine and crystal meth, is a personal tragedy for the Methodist minister

He has been dubbed the “crystal Methodist” by the tabloids but there’s precious little to laugh at in the sordid story of the former Co-operative Bank(...)

Chancellor George Osborne: some commentators accused him of creating a government-backed sub-prime mortgage sector. Photograph: Chris Harris/The Times/PA Wire

A nurse and a former Queen’s Guard have become the first couple to take up the government’s help-to-buy scheme, unveiled(...)

Nearly 14,000 mortgage-holders with Bank of Ireland  in Britain  were told tracker rates – which are supposed to be linked to the Bank of England’s base rate – were doubling, or trebling in some cases, even though the base rate has not moved. Photograph: Neil Hall/Reuters

British MPs have demanded assurances from the British financial regulator that other banks will not try to copy Bank of Ireland’s decision last(...)