Senior economists believe the Bank is "almost certain" to slash rates to a new low in a bid to stop a recession following the Brexit vote.Read the full story ›
ITV News' economics editor, Noreena Hertz, explores the Bank of England's announcement that they are to help boost lending by up to £150 billion.
In a speech on Tuesday, Mark Carney, Governor of the Bank of England warned of "challenging" time ahead following the Brexit vote.
Bank of England governor signals possible interest rate cut saying "monetary policy easing will likely be required".Read the full story ›
Mark Carney has said there will be a period of uncertainty and adjustment after the vote to leave the European Union.Read the full story ›
Bank of England boss Mark Carney said it was his job to "come straight with the British people" over the risks of a Brexit vote.
In a heated exchange with MPs, he denied accusations of being politically involved and of colluding with Chancellor George Osborne.
Mr Carney insisted the Bank was "apolitical" and had a responsibility to warn the wider public about the economic risks of a Brexit.
"It's important not just to those in financial markets but it's important to come straight with the British people about that," he said.
Quitting the European Union would plunge Britain into a year-long recession, according to George Osborne.Read the full story ›