General
Business news and markets: as it happened - May 15, 2013
The BoE has upgraded its outlook for growth and expects a faster fall in inflation, Sir Mervyn King said, offering a pleasant "parting gift" in his final inflation report as Governor.
Categories: General
Business news and markets: as it happened - May 15, 2013
The BoE has upgraded its outlook for growth and expects a faster fall in inflation, Sir Mervyn King said, offering a pleasant "parting gift" in his final inflation report as Governor.
Categories: General
Business news and markets: live
The BoE has upgraded its outlook for growth and expects a faster fall in inflation, Sir Mervyn King said, offering a pleasant "parting gift" in his final inflation report as Governor.
Categories: General
Mark Carney's at risk of looking more Clark Kent than Superman
After 20 years and 82 press conferences, Sir Mervyn King yesterday delivered his last Inflation Report – the innovation he introduced to the Bank of England and arguably its most influential publication. He will appear before MPs one last time and is sure to speak publicly before his 10 year term expires at the end [...]
Categories: General
Business news and markets: live
The BoE has upgraded its outlook for growth and expects a faster fall in inflation, Sir Mervyn King said, offering a pleasant "parting gift" in his final inflation report as Governor.
Categories: General
Public sector wages continues to rise despite pay freeze
Public sector wages continued to rise in March despite a pay freeze while those in the private sector experienced zero growth, the latest official figures show.
Categories: General
Sir Mervyn King attacks EU financial transaction tax
Sir Mervyn King has launched an astonishing attack on Europe's controversial financial transaction tax, claiming that there is "enormous scepticism" about the levy even among the countries signed up to it.
Categories: General
King launches attack on FTT
Sir Mervyn King has launched an astonishing attack on Europe's controversial financial transaction tax, claiming that there is "enormous scepticism" about the levy even among the countries signed up to it.
Categories: General
Sir Mervyn King and economists see UK on the cusp of recovery. Do you agree?
A mixed picture of UK data today has not dampened economist's views that the economy is on the cusp of a sustained recovery, but they caution it is still dependent on global factors.
Categories: General
Farewell Sir Mervyn after 82 Inflation Reports
Today marked the passing of an era at the Bank of England. Sir Mervyn King, Governor, published his final Inflation Report and delivered his last remarks on the economy at the accompanying quarterly press conference.
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House of Commons debate - watch live
Live coverage from the House of Commons of the Queen's Speech debate followed by a vote on the EU referendum bill.
Categories: General
UK unemployment rises as wages growth slows
UK unemployment rose to 7.8pc in the first three months of the year, as the squeeze on households continues with wages growing at their slowest rate since 2009, according to official figures.
Categories: General
UK unemployment rises to 7.8pc in first quarter
UK unemployment rose to 7.8pc in the first three months of the year, as the squeeze on households continues with wages growing at their slowest rate since 2009, according to official figures.
Categories: General
How you can help free 6m young savers with £5bn trapped in zombie funds
Parents and grandparents who believe it is wrong to take candy from a baby now have the chance to help millions of youngsters getting rotten returns from Child Trust Funds (CTF). The government is belatedly consulting the public about whether it should allow 6.1m children with CTFs worth a total of nearly £5bn to [...]
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Lonmin falls on strike worries
Categories: General
Business news and markets: as it happened - 14 May, 2013
Depositors keeping less than €100,000 in a bank that is being closed down will get all their money back, European Union finance ministers are said to have agreed..
Categories: General
Business news and markets: as it happened - 14 May, 2013
Depositors keeping less than €100,000 in a bank that is being closed down will get all their money back, European Union finance ministers are said to have agreed..
Categories: General
EC ready to hit Chinese companies with sanctions over illegal subsidies
The European Commission plans to send a formal warning to China that it is ready to levy sanctions against telecoms equipment makers Huawei and ZTE Corp over illegal subsidies, according to reports.
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Business news and markets: live
Britain faces a £12bn bill for a "totally useless" EU bank crisis fund after George Osborne was left isolated at a Brussels meeting of finance ministers.
Categories: General
Business news and markets: live
Britain faces a £12bn bill for a "totally useless" EU bank crisis fund after George Osborne was left isolated at a Brussels meeting of finance ministers.
Categories: General
The Bottom Line:If Mr Cable has his way...
"If Mr Cable had his way, all the big banks would be broken up and bonuses would be virtually eliminated - a sure-fire way in my view of guaranteeing an end to the UK’s ability to compete as an international financial centre. Let’s not forget that this is a man who is on record as saying that everyone who works in a bank has an ‘aristocratic lifestyle’ clearly demonstrating his lack of understanding of the sector." A tough line on bankers’ bonuses could make a brain drain of financial talent a distinct possibility, warns Paul Marsden. Read more