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Australia, South Africa agree to share world's largest telescope

New York hotel serving $1,000 Zillion Dollar Lobster Frittata

Op-Ed: The Obama 'birther' nonsense explained

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Bank england News

Central Bank in U.K. Expands Money Printing Program

The Monetary Policy Committee (MPC) at the Bank of England, the central bank in the U.K., voted on Thursday to pump another £25 billion ($41 billion) into the country's economy.

In the Media by Chris Dade - 1 comment

Bank of England Governor Attacks Banks and Regulatory System

Mervyn King, governor of the Bank of England, has delivered a speech in which he accuses the U.K. banking industry of failing to reform and the U.K. government of failing to have an adequate regulatory system in place.

In the Media by Chris Dade

Terror suspects' assets frozen

The assets of five men from the Birmingham area awaiting trial on terror charges have been frozen by the Bank of England.

In the Media by Sayovi - 1 comment

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Carney denies Bank of England job rumour

The Bank of Canada had denied a report in the British media that the bank's governor, Mark Carney, has been approached to take over the same post at the Bank of England.

VIDEO: More powers for the Bank of England

The government plans to scrap the Financial Services Authority and hand most of its powers to various Bank of England committees.

Bank of England's role examined

The Bank of England's supervisory court commissions three independent reviews into its performance during the financial crisis.

Bank committee sees fears easing

The Bank of England's Monetary Policy Committee says the risk of the eurozone crisis spreading to the banking system has reduced.

AUDIO: Is free banking really a myth?

Andrew Bailey, an executive director at the Bank of England who is to be the head of the unit that will supervise banks, investment banks and insurance companies, has said "free banking" is dangerous. Business editor Robert Peston assesses the implications of such a statement on the banking industry.