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There has been a mixed reaction to the claims of a founding member of the Bank of England's Monetary Policy Committee who said that interest rates may have to be slashed to zero if Britain is to avoid a full-blown depression....
LONDON (Reuters) - Investors enter the week surrounded by unrelentingly poor global economic news, fading hopes of a significant end-of-year stock market recovery and a growing reliance on governments coming to the rescue.
When Ireland entered the world's most ambitious economic alliance — the European Union — more than a decade ago, the Celtic Tiger roared to life. Membership in Europe's private club, along with the subsequent adoption of the...
Britain's high street banks stand to rake in billions of pounds from borrowers in a bid to shore up their shrinking balance sheets. Banks are projected to claw back £3.9 billion over the next year by increasing their profit...
