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JONATHAN LOYNES
Brexit effect: Bank of England cuts rate to record 0.25%The central bank said it expected the economy to stagnate for the rest of 2016 and suffer weak growth throughout next year and lowered its ...- Helicopter money takes flight as latest drastic monetary ideaEconomists at Citigroup , HSBC Holdings and Commerzbank AG published reports to investors on the topic in the past two weeks.
- Euro area may be finally emerging from a recessionAn index of executive and consumer sentiment rose to 91.1 from a revised 89.5 in January, the European Commission said.
- European Union may accept Greek defaultThe Greek financing package will consist of 109 billion euros from the euro region and the IMF.
- UK budget deficit at record levelsBritain posted its largest annual budget deficit since World War II on Thursday as campaigning for a tight national election intensified.
- UK public sector debt climbs above 60% of GDPPublic sector debt in the United Kingdom climbed above 60 per cent of GDP in February as government agencies borrowed another 12.4 billion ...
- Britain is last major nation in recessionBritain is the last major world power in recession but economists forecast growth return before end of '09. Cope with recession| Debt-ridde...
- UK inflation slows to lowest since Sept 2007Britain's inflation rate slowed to an annual rate of 1.8 percent in June, falling below the official target for the first time in 20 months...
- Britain set for crunch recession budgetBritain will unveil a recession-fighting budget this week, seen as vital for Prime Minister Gordon Brown as he struggles to boost his flagg...
- British economy to shrink sharply in 2009: Central bankThe Bank of England said on Wednesday the recession-hit British economy risked shrinking by up to 6 per cent later this year on a 12-month ...
- World economic crisis savages earnings, jobsMassive losses and cutbacks struck top Japanese companies on Friday, with electronics giant NEC alone shedding 20,000 jobs, as more dire ea...
- British unemployment up 137,000 at 1.86 millionThe number of jobless in Britain rose further toward the 2 million mark in the three months to October as the economy continues to slow at ...
- US, Japan see no quick end to economic crisisUS Treasury warned that a boost to the economy will not come quickly despite a massive bailout and automakers pleaded for more help to save...
- British inflation falls to 4.5 per cent in OctoberInflation in Britain fell in Oct for the first time in 14 months largely because of cheaper oil prices.
- Eurozone interest rates set to rise as inflation erupts: AnalystsEurozone borrowing costs are set to rise when the European Central Bank convenes on Thursday, seeking to tame a fledgling inflation monster...
- British economy slowed in 2007 1 hour, 44 minutes agoBritain's economy grew by less than expected last year, official data showed Friday, as analysts warned of a harsher slowdown in 2008 becau...
- ECB expected to hold rates steady this weekEuropean Central Bank governors will wrestle the twin threats of inflation and slumping growth on Thursday when they meet here to decide on...
- BoE to offer funds to curb ratesThe Bank of England (BoE) said it will offer commercial banks emergency funds with longer repayment terms to stem a renewed increase in mon...
- BoE, ECB move to check rise in borrowing costsWhile BoE offered extra cash, ECB is ready to help restore ‘orderly’ conditions.
- Surging bond yields do Bernanke, Trichet a serviceThe higher market rates, if they continue, mean pricier loans for homes and credit cards, and will make it more expensive for companies to ...
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