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  • Consumers hoping for interest rate rise over next 12 months

    Mervyn King, governor of the Bank of England

  • Consumer price inflation falls to 3.4 per cent says ONS

    Graph showing rates of inflation. Source: ONS

  • MPC committee remains divided over need for further QE

  • CPI inflation shows surprise rise from 3.4 per cent to 3.5 per cent

    CPI 12 month figures

  • Bank of England disappointed about slow decline in inflation rate

    Mervyn King, governor of the Bank of England

  • Bank of England's Paul Tucker forecasts inflation could remain persistently high

    Deputy governor of the Bank of England Paul Tucker

  • Bank of England holds interest rates at 0.5 per cent

    Bank of England

  • Inflation to be above target until middle of next year says BOE

    Mervyn King, governor of the Bank of England

  • Inflation falls from 3.5 per cent to 3 per cent over Easter

    CPI percentage change over past 12 months. Source: ONS

  • Bank of England's David Miles argues for further QE

    David Miles

  • Consumers worse off due to higher costs of essential spending

    Graph showing spending power index since Jan 2010. Source: Lloyds TSB

  • Inflation continues to fall in May to 2.8 per cent

    Inflation graph over past 12 months. Source: ONS

  • Bank of England committee members to be questioned by Treasury Select Committee on inflation

    Bank of England governor Mervyn King

  • Growth to return over next six months, says Ernst and Young

  • Inflation falls to 2.4 per cent in June

    CPI inflation graph over past 12 months. Source: ONS

  • Inflation helps fuel consumer spending power increase

    Spending power graph. Source: Lloyds TSB

  • Seven MPC members in favour of latest £50bn round of quantitative easing

    Bank of England building

  • Inflation in surprise rise to 2.6 per cent says ONS

    Inflation figures graph. Source: ONS

  • Bank of England unanimous on monetary policy decision

    Bank of England building

  • Income growth and consumer spending remain weak says Lloyds TSB

    Lloyds TSB branch

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