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

The Bank of England’s deputy governor Paul Tucker has forecast that inflation could remain at three per cent until the end of the year.

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MPC committee remains divided over need for further QE

The Monetary Policy Committee was divided over the latest quantitative easing decision this month, according to its latest minutes.

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Bank considers how to prevent conflict between two bodies

Monetary Policy Committee member Paul Fisher believes conflict between the MPC and the Financial Policy Committee is unlikely.

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No change to base rate or QE programme from Bank of England

The Bank of England has held the base rate at 0.5 per cent today and made no increases to the asset purchase programme.

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