Bank of England

Sterling has fallen after the Bank of England downgraded its growth forecasts for the UK economy while indicating it could start to raise interest rates in mid-2016.

The burden on companies of plugging defined benefit (DB) pension scheme deficits may be hurting business investment, according to the Bank of England (BoE).

Inflation could return to the Bank of England's (BOE) 2% target by the end of the year if oil prices stabilise at current levels, according to Hermes Investment Management.

Natasha Browne examines the likelihood of negative inflation and the consequences for pension schemes.

Inflation fell to 0.3% in January, the lowest level since the consumer prices index (CPI) was introduced, as price growth continued to slump on the back of falling oil prices.

The Bank of England has said it is prepared to cut rates further and expand its quantitative easing programme should the current downward slide in inflation worsen materially.

As deficits hit a record level, PP looks at the impact on funding negotiations

Sterling fell against the euro and the US dollar as the latest Monetary Policy Committee (MPC) minutes revealed a unanimous vote against hiking interest rates.

UK consumer prices index (CPI) inflation has fallen to a 15-year low of just 0.5%, driven by plunging oil prices.

UK inflation is expected to fall below 1% for the first time in 12 years following a major oil slump.