Bank of England

UN report points to China for lessons in stimulating growth

guardian.co.uk     6 hrs ago          

Gordon Brown is right. The reason Britain may be better placed than other countries to cope with the downturn is nothing to do with the supposed improvement in productivity (illusory) or the strength of the competition...                    

Stephen King: Interest rate cuts won't cause another bubble, but they could relieve the pain

independent.co.uk     6 hrs ago          

Those who oppose interest rate cuts seem to base their arguments on one of three ideas. First, rate cuts won't work. Second, rate cuts will simply reignite earlier housing or stock market bubbles. Third, borrowers simply...                    

Slide into economic 'black hole' will suck FTSE down towards 5,000-mark

scotsman.com     yesterday          

Published Date: 07 September 2008 THE FTSE is likely to plummet further towards the psychologically damaging 5,000-mark as Britain enters an economic "black hole", analysts are warning. There are concerns that the FTSE...                    

Open letter to ‘Super’ Subba

hindustantimes.com     yesterday          

Manas Chakravarty, Hindustan Times Dear Dr Duvvuri Subbarao, Congratulations on becoming the new governor of the Reserve Bank of India. But don’t go asking your colleagues in the RBI about accommodation, they’ll think...                    

Bryan Gould: Why did Gordon Brown give independence to the Bank of England

guardian.co.uk     yesterday          

As Gordon Brown's tribulations mount, prompting among other things a reappraisal of his time at the Treasury, it is perhaps not surprising that even his most widely-celebrated policy innovation – the "independent" central...                    

Gordon Brown's recession will be gift-wrapped as the MPC fails to make the cut

telegraph.co.uk     06-Sep-2008   61 related          

So I didn't get my rate cut on Thursday. After pleading since June that now would be the time to start easing the economy's corset, the Bank of England's Monetary Policy Committee (MPC) decided to keep the laces tied as...                    

J Sainsbury leads supermarkets lower

financemarkets.co.uk     05-Sep-2008   1 related          

European equities markets saw substantial declines Friday as worries continued that banks will lose more to the credit crisis and on new unemployment numbers out of the US Labor Department. In London the FTSE 100 was down...                    

Talk that QBE is lining up UBS for RSA bid

telegraph.co.uk     06-Sep-2008          

By Ben Harrington Bid talk sent RSA Insurance flying to the top of the blue-chip leaderboard, with the Australian insurance group QBE tipped as the potential suitor. One source claimed QBE is being advised by UBS on a...                    

Aussie and Kiwi take a battering

ft.com     06-Sep-2008          

The dollar and the yen surged higher this week as investors sought sanctuary from sliding assets markets. The Aussie dollar was also undermined as the Reserve Bank of Australia cut interest rates for the first time in...                    

Stamp duty move is not enough

scotsman.com     06-Sep-2008   1 related          

Published Date: 06 September 2008 THE pressure on the government to raise the stamp duty threshold, or abolish it altogether, was intense in the build up to the temporary increase it announced this week. "A suspension...                    

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