Related topic: Bank of England

Braddick will take the helm at the PRA and also become deputy governor for prudential regulation at the Bank of England.

Lower inflation and interest rate cuts will help unlock money so it can be spent in the economy, Martins said.

Inflation has fallen from 3.4% in December to 3% in January.

Economists are now predicting further Bank Rate reductions 'sooner rather than later'.

Four members voted to reduce Bank Rate to 3.5%.

Wider market uncertainty is starting to impact mortgage rate setting.

A December dip is mortgage approvals is likely to be short lived, industry experts say.

How will the Monetary Policy Committee (MPC) respond if US policy becomes significantly looser than UK policy?

Industry experts now say a February Bank Rate cut is now almost entirely off the table.

Purchase approvals fell as mortgage rates increased for the first time since February.