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There were 125,000 fewer unemployed people in the last quarter of 2013 in the UK compared to the previous quarter.

Inflation remains contained, despite monetary stimulus, which is good news for the Bank of England.

About 167,000 people found work in the latest quarter - the largest decline since 1997.

Indicators such as unemployment and inflation are edging closer to limits set by the bank to rescue the economy from the financial crisis.

The release of a slew of economic data and the minutes of Federal Reserve's FOMC meeting are ahead this Wednesday.

The UK may have grown the fastest among the world's top seven economies in the September quarter, according to analysts.

In his first speech since taking office July 1, BoE Governor Mark Carney says the recovery seen so far isn't enough.

The big day is almost upon us. The BoE is expected to unveil new guidance for setting interest rates on Wednesday.

A Wednesday release of BOE meeting minutes showed a remarkable unanimous vote against increasing bond purchases.

Bank of England Governor Mervyn King said banks were resisting new regulations, in what are probably his final public remarks.

A senior BoE official warned of a major bond bubble threat while the BoE said the consequences of raising rates too quickly would be severe.

U.S. stock futures edged higher on Thursday after falling steeply in the previous session.

The bank also maintained its purchase of 375 billion pounds ($584 billion) of debt after the UK narrowly avoided a triple-dip recession.

U.S. stock index futures point to a higher open Thursday as investor sentiment turned positive.

For the S&P 500 Index to reach its previous real-term highs, the market would have to move to around 1875, up from 1563 currently.

British banks have about nine months to raise about $38 billion in Tier 1 capital.

The bad news comes a week ahead of Chancellor George Osborne’s annual budget statement on March 20.

Dow futures signal that the blue chip index will open above its recent record high.

In a visit to the Bank of England, Queen Elizabeth II politely but firmly questioned the precise reasons why the Bank never saw the crisis coming while other regulators did little to prevent it.

Bank of Canada Gov. Mark Carney will become the first non-Briton to ever head the Bank of England.

Official figures show the U.K. economy grew by 1 percent, with 0.2 percent of the growth coming from the Olympic Games.

As Great Britain struggles to escape its years-long recession, should the wealthy pay more taxes? The Deputy Prime Minister has spoken up to put the controversial issue on the table.

The British parliament criticized former Barclays Plc (London: BARC) CEO Bob Diamond in a report released Saturday, saying that he failed to fully disclose the bank?s illegal practices during testimony on the LIBOR scandal.

Standard Chartered Plc will pay $340 million to New York's bank regulator over transactions linked to Iran, in a speedily arranged deal likely to cheer its shareholders.

Soros announced the engagement at his 82nd birthday party held at the octogenarian's summer home in Southampton, N.Y., a person familiar with the investor said.

Legendary investor and billionaire George Soros announced that he is engaged and all set to marry his girlfriend of last four years, Tamiko Bolton, during his 82nd birthday celebration on August 11.

Despite most central banks slashing interest rates in 2009, there is still room for central banks to maneuver and stimulate their sluggish economies.

The Federal Reserve sent some strong messages in its latest policy statement that it is heading toward new easing measures to buck up the weak economy. But the central bank may have a different caliber of weapon in mind other than launching another round of large-scale asset purchases, or QE3.

Crude oil prices remained near $90 a barrel during Asian trading hours Tuesday as investors awaited the outcome of major central bank meetings later this week.