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UK Banks to Face Tougher Regulations

UK banks will face tougher regulation and consumers will get more protection, under reforms to the financial system proposed by the chancellor.
 

Bank of England to Cut Rates Close to Zero

The Bank of England looks set to cut interest rates to close to zero today and announce it will start raising the money supply to drag Britain out of recession as it runs out of scope to lower rates any further.
 

Bank of England Ready to Print Money

The Bank of England is set to begin "printing money" in a bid to boost the economy after its rate-setting committee unanimously agreed that its Governor must write to the Chancellor.
 

Bank of England Ready to Buy Assets

The Bank of England will start pumping money into British businesses next week as the number of companies that have failed jumped by more than 50 per cent last year.
 

Bank of England Holds Firm at 5%

UK interest rates have been kept on hold at 5% by the Bank of England following its latest meeting.
 

Bear Sterns’ Woes Triggers Market Slump

Markets from New York to Tokyo have recorded heavy losses in reaction to the emergency bailout of US investment bank Bear Stearns over the weekend.