The Bank of England’s monetary policy committee voted on Thursday to expand its vast programme to pump cash into the UK economy by £25bn, in a sign that it remains worried about the outlook in spite of incipient signs of recovery. As expected, the B
London equities weakened on Thursday on a busy day for corporate newsflow, with traders attention turning to the Bank of England’s latest thinking on the UK economy. The FTSE 100 fell 51 points to 5,056.30, a loss of 1 per cent, with mining and fina
The pound climbed to a one-month high against the dollar on Wednesday after the minutes of the Bank of England’s October monetary policy meeting struck a less dovish tone than expected. As widely forecast, the minutes revealed that the nine-strong M
Sterling fell on Monday after a Bank of England policy maker hinted that he was in favour of extending the central bank’s quantitative easing programme. Adam Posen, a member of the Bank’s monetary policy committee, said the UK financial system had n
Sterling jumped to a three-week high against the dollar on Thursday after comments from Bank of England policymakers that quantitative easing was working.Monetary policy committee member Paul Fisher told the Financial Times that the asset purchase p
The Bank of England’s monetary policy committee appears united in the conviction that its unconventional approach to boosting Britain’s economy has further to run.But by how much, for how long – and, crucially, knowing when enough is enough – are m
Sterling fell on Wednesday after minutes from the last Bank of England meeting revealed governor Mervyn King had called for a greater expansion of the Bank’s asset purchase scheme.Mr King and two other members of the central bank’s monetary policy c
The Bank of England’s monetary policy committee on Thursday surprised the markets by voting for a big extension of quantitative easing, extending its size by £50bn to £175bn.The committee said it expected the announced programme to take another thre
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