Super Thursday: Bank of England votes 8-1 to hold interest rates

Fears that the Bank of England is poised to start raising interest rates have receded, after news that just one of the nine members of its policy committee voted to increase borrowing costs from their record low of 0.5% this month.

UK inflation negative for first time since 1960; BoE says temporary

Britain's annual rate of consumer price inflation fell below zero for the first time in more than half a century, official figures showed on Tuesday, though Bank of England Governor Mark Carney said the dip was likely to be brief.

Scottish 'Yes' vote poses significant risk to UK growth forecasts

(Reuters) - If Scotland votes for independence next week, existing consensus forecasts predicting Britain will enjoy some of the best economic growth in the developed world could well be scuppered, a Reuters poll found.

Traders Keep Calm and Carry on Through BOE’s Rate Debate

Confused by the seemingly contradictory signals from the Bank of England on interest rates?

Bank of England expected to keep interest rates on hold

Interest rates are expected to remain on hold on Thursday as policymakers weigh up the mounting arguments for a first change in more than five years.

How to tame your property bubble

But that's the challenge officials took on Thursday in the face of mounting evidence of a property bubble in London and concerns that reckless lending could leave U.K. borrowers struggling when interest rates inevitably rise.

Households braced for first rise in borrowing costs in more than five years

Households are bracing themselves for the first rise in borrowing costs since the Bank of England cut interest rates to a record low more than five years ago.

UK services sector growth eases in March

Growth in Britain's services sector was the slowest in nine months in March, missing forecasts but doing nothing to change expectations that economic recovery was sustained in first quarter overall.

UK unemployment rate falls to 7.1%

The Bank of England sent a clear message that it has no immediate plans to raise interest rates, despite a shock fall in the unemployment rate close to the level at which the Bank said it would consider a hike.

EU plans for trading rules widen global gap in bank regulations

LONDON: Banks were pleased this week by news that Europe would impose less-restrictive rules on trading than the United States, but the announcement proves that global regulations are likely to remain inconsistent despite pledges to unify them.

Interest rate rise with no wage increase 'will push heavily-indebted to edge'

Heavily indebted homeowners will be hit hard if interest rates start to rise before wages have picked up, according to research by the Bank of England that underlines the dilemma facing policymakers as the economy recovers.

Federal Reserve Tapering to U.K. Inflation: Global Economy

The data docket in the U.S. this week will be eclipsed by the Federal Reserve meeting as prospects mount that policy makers will trim stimulus in response to an improving economy.

UK economy 'buoyant' as services sector grows at fastest rate in two years

Hopes of an economic recovery are growing as the UK's dominant services sector expanded at its fastest rate in more than two years, according to monthly data.