In a world preoccupied by crises, the global economy has taken something of a back seat. But there are signs it is in trouble despite being awash with cash from low interest rates.» Read More
Why not apply to be the Governor of the Bank of England? An advertisement for the job will be published in this week's edition of the Economist.
To restore economic growth requires policy makers to adopt the all-round perfection of British heptathlete Jessica Ennis.
Fast-growing technology companies would be allowed to float as little as 10 per cent of their business on the London Stock Exchange under proposals being weighed up by Downing Street, the Financial Times Reports.
The Federal Reserve, European Central Bank (ECB) and Bank of England (BoE) should all announce stimulus packages next month, a Bank of England (BOE) policymaker told CNBC Tuesday.
Adam Posen, senior fellow at the Peterson Institute for International Economics told CNBC, that as a member of the Bank of England Monetary Policy Committee he wished he had persuaded other members of the committee to vote for quantitative easing back in 2010.
Jean-François Robin, global head of strategy at Natixis, says the European central bank is showing more and more willing to undertake non-orthodox measures to tackle abnormal Spanish and Italian bond yield levels.
Retail sales support the dollar and jobs data lifts the pound — it's time for your FX Fix.
An outgoing member of the Bank of England’s Monetary Policy Committee has challenged the governor Sir Mervyn King for his insistence that central banks should buy only government bonds in quantitative easing programs to stimulate growth.
Crowdfunding, the financing of projects by multiple lenders via the internet, experienced record breaking customer numbers and lending in Britain last month helped by a series of public relations disasters for major U.K. banks.
Scotiabank Economist Alan Clarke discusses whether the Bank of England's dovish quarterly inflation report paves the way for further monetary easing.
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Rate talk at the Bank of England boosts the pound, but the New Zealand dollar is coming back to earth — it's time for your FX Fix.
Mervyn King, governor of the Bank of England, says the UK central bank has lowered its forecast for growth amid difficult economic conditions.
Peter Westaway, chief European economist at Vanguard Asset Management, says he expects the Bank of England to do more quantitative easing (QE) in November, though the measure may not be as effective as the first round of QE.
CNBC's Steve Liesman reports the European Central Bank will leave its key interest rate unchanged at 0.75%.
CNBC's Steve Liesman provides a preview of the European Central Bank's move to bring down borrowing costs in the euro zone and how the decision is likely to impact U.S. markets.
The currency is strong against its closest neighbor, the euro, and the cost of its long-term debt is at almost Germanic levels. Yet, to many, the UK doesn’t feel like the safe haven this implies.
Central bank meetings loom and Sweden is on a roll — it's time for your FX Fix.
Bernanke lifts the buck and the pound gets hit — it's time for your FX Fix.
"The Bank of England at that time were desperate to try and get interest rates down because they were so worried about the state of the economy and the state of the financial system and every bank has an incentive to show that it has a low cost of funds to show that it is financially stable," Jan Toporowski, professor of Economics, SOAS, told CNBC.