Asked about the Governor of the Bank of England s comments that the Government needed to intervene directly with banks if they refused to step up lending, the PMS replied that obviously this was something that we kept under constant review, and we remained in close contact with the Bank of England and the Financial Services Authority on these matters. We wanted to work constructively with the bank...

THERE was a mixed reaction yesterday to the Bank of England’s latest attempt to boost the struggling economy.

That's what David Cameron wishes to see - in his speech to the LSE this morning he said he wants the Bank back in control of regulating the level of debt in the economy. This more vigorous macro-economic role would allow them to instruct the FSA to take action if "debt in our economy is growing unsustainably", either by raising the capital the banks would be required to hold or telling t...

• Inflation likely to remain below 2% target for two years • Interest rates expected to stay on hold at 0.5% for some time Datablog: visualising the collapse of the British economy The Bank of England said today that the recession had probably bottomed out, but warned that any recovery would be hampered by the ongoing reluctance of banks to lend to consumers and businesses. Releasing a q...

Governor Mervyn King extends more liquidity to help banks keep lending, but warns MPs today that the Bank of England cannot rescue the mortgage sector alone. By Graeme Wearden

Bank of England governor plays down chances of further spending boost to aid an ailing UK economy in next month's Budget.

As the political row gets going about changes in interest rates getting passed onto borrowers (or not ), I realise that I don't fully understand the mechanism by which this all works. The Bank of England web site says: The Bank of England sets an interest rate at which it lends to financial institutions. This interest rate then affects the whole range of interest rates set by commercial banks...

Bank of England: Banks making ‘excess’ profits from loans High street banks are increasing charges and fees on new loans by “substantially” more than the rise in their own costs, the Bank of England says. For, as we all know, a few years back they weren’t charging enough: risk was mispriced. That’s why half of them went

The Bank of England would regain main responsibility for regulating big banks under Conservative plans, the BBC learns.

This week Liberal Democrat Voice is running a series of articles from Tim Leunig about the economy - how we got here and what we should do next. So far the series has covered bank bailouts, bank lending and fiscal policy. Interest rates and the Bank of England The Bank of England’s monetary policy committee has done