Bank of England sees 'modest, sustained' recovery
The Bank of England predicted a modest and sustained economic recovery for Britain on Wednesday, but tempered hope that the worst might be over with ...
Yen in focus as G-7 discusses nurturing recovery
Financial leaders from the world's top seven developed economies are gathering in the U.K. to discuss how to shore up the global recovery just as the ...
BoE opts against further monetary stimulus
The Bank of England has opted against pumping more money into the British economy. The decision Thursday by the central bank's main policymaking body ...
Finest Hour: Churchill to be on UK bank note
Here's a choice not likely to be too controversial: officials say wartime Prime Minister Winston Churchill's portrait will be featured on a new ...
US data run fails to energize subdued markets
A raft of U.S. economic figures failed to give markets any momentum Friday at the end of a week that's seen many of the world's major stock indexes ...
Bank of England opts against another stimulus
The Bank of England has opted against injecting more money into the ailing British economy, which has one foot in recession but stubbornly-high ...
Bank of England: action needed over RBS losses
The Bank of England's governor warned Wednesday that Britain's government should take decisive action over losses at the Royal Bank of Scotland sooner ...
BoE governor backed more stimulus for UK economy
The Bank of England expressed growing concern over Britain's economy and came surprisingly close to backing another monetary stimulus in a move that ...
BOE to tolerate inflation rise as it helps economy
The Bank of England predicted Wednesday that the U.K.'s inflation rate may hit 3 percent by summer — but pledged to tolerate the increase in an ...
Future Bank of England boss open to policy review
Mark Carney, the Canadian who will become the Bank of England's governor this summer, said Thursday he is open to a review of Britain's monetary ...
UK unemployment rate falls to 7.7pct
Britain's unemployment rate has fallen to 7.7 percent, officials statistics showed, easing pressure on the Bank of England to inject more money into ...
UK recession fears grow as manufacturing drops
Concern is growing that the British economy may be headed back into recession after statistics released Friday showed a surprise drop in manufacturing ...
Global regulators agree on bank asset rules
International banking regulators agreed Sunday on global rules meant to ensure banks keep enough cash in hand to survive future market crises, and ...
From Canada, a tough economist for Bank of England
Naming the first foreigner to serve as governor of the Bank of England since it was founded in 1694 might have been expected to cause a fuss. Yet the ...
UK picks Canadian to lead Bank of England
The British government has chosen Mark Carney, a Canadian, to become governor of the Bank of England, the first time a foreigner has been tapped for ...
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