Tuesday, 24 Nov 2009 | Source: Reuters
A three-way split among Britain's monetary policymakers at their last meeting should be no surprise as policy nears a turning point, Bank of England Governor Mervyn King said on Tuesday.
Tuesday, 24 Nov 2009 | Source: Reuters
The 13.5 billion pound ($22.3 billion) rights issue was priced at 37p per share, on the basis of 1.34 new shares for every existing share, a 59.5 percent discount to Monday's close.
"The dollar over the next year or two will tend to see downward pressure because our recovery will be fragile and uneven," says one economist.
Monday, 23 Nov 2009 | Source: Reuters
Ciena Corp will buy the optical networking and carrier ethernet business of bankrupt Nortel for $769 million, the two companies said Monday, after it trumped Nokia Siemens Networks in a three-day auction.
Monday, 23 Nov 2009 | Source: CNBC.com
The dollar will continue its decline at a “gentle rate,” the Nikkei 225 should be avoided, and the food sector is well-placed to join the mining industry and move the markets, Robin Griffiths from Cazenove Capital told CNBC Monday.
Monday, 23 Nov 2009 | Source: Reuters
The global economy is in a holding pattern and vulnerable to more upheaval, the head of the IMF said on Monday, adding a lasting recovery will depend on policymakers taking the proper steps in the coming months.
Monday, 23 Nov 2009 | Source: Reuters
Lloyds Banking Group got strong demand for a 9 billion pound ($14.9 billion) bond exchange, an indication of possible appetite for the UK bank's record share issue due to price on Tuesday.
Friday, 20 Nov 2009 | Source: CNBC.com
European heads of states appointed Baroness Catherine Ashton as the European Union's foreign-policy chief, the so-called first EU Foreign Minister, Thursday evening.
Friday, 20 Nov 2009 | Source: Reuters
European Union leaders named Belgian Prime Minister Herman Van Rompuy, who is little known outside his own country, as the bloc's first president.
A British charity is pioneering the idea of reducing the country's bulging debt by encouraging people to buy gift vouchers that will be sent to the Treasury.
Thursday, 19 Nov 2009 | Source: Reuters
Reckitt Benckiser and Colgate Palmolive both say there is no truth to the speculation of their linking up, CNBC has learned.
Thursday, 19 Nov 2009 | Source: Reuters
JPMorgan Chase & Co. is beefing up in Europe by buying the half of Cazenove it does not already own in a deal valuing the 190-year old UK stockbroker at 2 billion pounds ($3.4 billion).
Thursday, 19 Nov 2009 | Source: Reuters
The world no. 2 brewer beat forecasts on Thursday with a 6 percent rise in first-half profit and said its second half should be boosted by a fall in input costs and favorable currency movements.
Wednesday, 18 Nov 2009 | Source: Reuters
Britain's Labor government, trailing in opinion polls ahead of an election next year, committed to halving a burgeoning budget deficit and said it would curb bankers' pay in draft laws unveiled on Wednesday.
Wednesday, 18 Nov 2009 | Source: Reuters
The Bank of England's Monetary Policy Committee was split three ways in November, with seven members backing the 25 billion pound boost to the economy, one wanting more and another calling for no increase at all.
Posts |
TOPIC : Britain
24 Jun 2009
Posted By:CNBC.comCNBC Stock Blog
Miners and train and bus company Stagecoach Group were big gainers on the London Stock Exchange in morning trading Wednesday.... Read More
4 Jun 2009
The pound traded lower on Thursday amid growing calls for British Prime Minister Gordon Brown to step down.... Read More
3 Jun 2009
With AIG not extending its jersey sponsorship deal with Manchester United, Aon Corporation, a $10 billion company who specializes in risk management, insurance and consulting, is expected to take over.... Read More
29 May 2009
Posted By:Rebecca Meehan, CNBC AnchorCNBC Guest Blog
The UK's Financial Services Authority released details of its banking stress-test methodology on Thursday... Read More
22 May 2009
Go to the beach early! If we can survive Kris upsetting Adam on American Idol while it looks like the UK will have its debt downgraded, we can cut-out early one time! The market will try to stay awake long enough Friday to get to the 4 PM close, but I don't expect much, if anything, to happen... Read More
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