The Bank of England held back from unleashing further emergency support for the economy today, despite receiving a jolt over the health of the UK's recovery.
A further £50 billion was injected into the economy today as the UK struggles to pull out of its double-dip recession and the eurozone debt crisis intensifies.
The proportion of people planning to take their first step on the property ladder in the coming months has risen to its highest level in at least two-and-a-half years, despite the "minefield" of difficulties they face, a study suggests today.
The retail prices index (RPI) rate of inflation fell to 3.1% in May compared with 3.5% in April, new figures from the Office of National Statistics (ONS) reveal today.
Record low interest rates and multi-billion-pound emergency support measures from the Bank of England are costing savers nearly £18 billion a year, research showed today.