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| Sep.5 |
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G20 pledges tougher bank action  Finance ministers from the most powerful economies have agreed a series of measures to try to regulate the global banking system
| The meeting did not agree on specific limits on the amounts individual bankers get paid
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| Sep.4 |
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Bonus row opens up G20 divisions Deepening divisions are appearing among international finance ministers, about how to curb excessive bank bonuses
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| Mar.13 |
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G20 ministers meet amid divisions| Rifts are emerging as finance ministers from developing countries and major powers prepare to meet in England | |
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| Feb.5 |
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UK interest rates cut to new low The Bank of England reduced interest rates by 0.5 percentage points to 1 percent, the lowest-ever level
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| Jan.9 |
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 Lloyds pays $350m to end US case UK-based bank has agreed to pay a $350m penalty to US authorities over financial transfers that violated US sanctions
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| Jan.8 |
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Interest rates hit all-time low The Bank of England has cut rates to 1.5%, the lowest level in its 315-year history, as it continues efforts to aid an economic recovery
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| Dec.29 |
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Pound hits new low against euro The pound has hit a new record low against the euro; the grim outlook for the UK economy continues to put downward pressure on the currency
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| Dec.15 |
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 Banks face huge losses from $50B 'scam'| Some of the biggest names in global finance have lost hundreds of millions of dollars in a 'pyramid scheme' by Bernard Madoff | |
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| Nov.24 |
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Darling cuts VAT in pre-Budget Chancellor Alistair Darling has cut VAT from 17.5% to 15% for 13 months in his pre-Budget report to get consumers spending again
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| Nov.6 |
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UK interest rates slashed to 3% The Bank of England has made a shock 1.5% point cut in UK interest rates to the lowest level since 1955
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| Oct.8 |
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World's central banks slash interest rates| The leading economies, led by the U.S. and the UK, slashed interest rates to tackle the global financial crisis after days of stock market losses. Six central banks cut interest ... | |
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| Apr.20 |
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Bank of England to detail £50bn plan The bank is to announce details later of a plan to help prevent the credit crisis causing more damage to the UK banking system and economy
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| Apr.18 |
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Bank £50bn mortgage rescue plan The Bank of England will next week unveil a plan to swap government bonds for British banks' mortgages
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| Dec.12 |
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UK welcomes world cash injection Prime Minister Brown has welcomed a joint plan by the US Federal Reserve and other central banks to help ease strains in financial markets
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| Nov.20 |
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Bank data of 25 millions missing Tax and customs service lost banking and personal data when 2 computer disks disappeared in an internal mail service
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| Sep.20 |
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Bank chief defends role in crisis Bank of England governor has defended his handling of the Northern Rock crisis in a crucial appearance in front of a panel of MPs
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| Aug.10 |
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Central banks pour money into system The U.S. Federal Reserve and European Central Bank pumped money into the banking system for a second day to ward off a global credit crisis
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| Jun.11 |
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G8 ministers back Africa debt deal| Finance ministers have agreed to cancel up to $55 billion worth of debt owed by the world's poorest nations | |
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