Rolling coverage of the latest economic and financial news

Bank of England urged to slow or halt bond-selling to slash UK borrowing costs

The Guardian view on the Bank of England’s £120bn bill: power without accountability

Newsflash: Britain’s economy has been more productive since Tony Blair’s first election win than previously thought.

A new measure of measuring productivity, just released by the Office for National Statistics, shows that annual productivity growth since 1997 has been stronger than it had estimated in the past.