King warns return to high interest rates could damage financial stability

Mervyn King has admitted that low interest rates are unsustainable but warned that a rapid rise could do significant damage. Read more...

No change to rates at Mervyn King's last MPC meeting

In his last meeting with the Monetary Policy Committee, Governor Mervyn King has held rates at 0.5 per cent. Read more...

Bank forecasts stronger growth and weaker inflation for UK

The Bank of England believes growth will be stronger and inflation will be weaker than expected for the first time since before the financial crisis. Read more...

Bank of England heads give evidence to Parliamentary Commission

Mervyn King, governor of the Bank of England, and Andrew Bailey, chief executive designate of the Prudential Regulatory Authority are at Parliament today giving evidence to the Parliamentary Commission on Banking Standards. Read more...