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  • September 16, 2014
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  1. Business - Banking & Finance - BRITAIN

    Canadian picked to head Bank of England

    Posted Nov 27th 2012, 12:00am by Bloomberg

    ... Bloomberg in London Mark Carney, governor of the Bank of Canada, favours tougher regulations for global lenders Canadian picked to head Bank of England Bank of Canada governor Mark Carney was unexpectedly appointed as the next head of the Bank of England, succeeding Mervyn King. Carney, 47, takes the helm of a 318-year-old institution that's preparing to become the most powerful ...

  2. Business - Banking & Finance - ECONOMY

    Bank of England pegs rates to jobs in new policy

    Posted Aug 08th 2013, 12:00am by Reuters

    ... The Bank of England overhauled its policy strategy yesterday, saying it planned to keep interest rates at a record low until unemployment falls to 7 per cent or below, something unlikely ... they are not pre-committed, so again this is a rather valueless bit of 'forward guidance' as is the case with the ECB," said Mark Ostwald at Monument Securities. The Bank of England followed the US ...

  3. Business - Banking & Finance

    Bank of England to hold rates as recovery takes hold

    Posted Jul 31st 2013, 01:55pm by AFP

    ... Roland Jackson in London The Bank of England is expected to freeze record-low interest rates on Thursday amid Britain’s strengthening economic recovery, but could signal more stimulus ... August 7, when the bank will also issue its quarterly economic forecasts. “The main event this month is likely to be the announcement of formal forward guidance,” said Capital Economics analyst ...

  4. Business - Banking & Finance

    British central banker warns on dangers of mega banks

    Posted Oct 31st 2012, 12:00am by Kevin Rafferty

    ... of the Bank of England responsible for financial stability, he is an influential figure. He also is one of a rare breed of financial regulators who have a clear mastery of the often dark and dismal ... Kevin Rafferty Authoritative British central banker warns that a financial catastrophe of gigantic proportions looms unless the monster banks are broken up GODZILLAS One ...

  5. Business - Economy

    Bank of England puts stimulus debate aside at first Carney meeting

    Posted Jul 18th 2013, 12:00am by Reuters

    ... at meeting The Bank of England's new governor, Mark Carney, and all his fellow policymakers voted against more stimulus for the economy earlier this month, unexpectedly setting aside differences ... Marc Ostwald, a bond market strategist at Monument Securities in London. "Even those … members who were pressing earlier this year for an increase in the Bank of England's stock ...

  6. News - World - BRITAIN

    Don't demonise bankers, says outgoing Bank of England governor

    Posted May 21st 2013, 12:00am by GDN

    ... The Guardian in London Outgoing Bank of England governor's remarks spark debate on how much responsibility he should take for the 2007 financial crisis 'System was at fault, not bankers' The outgoing Bank of England governor has called on the British people not to "demonise" bankers, prompting debate on how much responsibility he should take for the financial ...

  7. Sport - Soccer - SOCCER

    Wayne Rooney to captain England

    Posted Aug 28th 2014, 10:27pm by Reuters

    ... Reuters in London Manchester United striker Wayne Rooney was named the new captain of England on Thursday. Rooney, who succeeds Liverpool’s Steven Gerrard, will lead his country in a friendly against Norway on September 3 and their opening Euro 2016 qualifier against Switzerland on September 8. “To be named as England captain is a dream come true for me personally and, ...

  8. Business - Economy

    Bank of England set to hold rates after upbeat data

    Posted May 08th 2013, 02:05pm by AFP

    ... Agence France-Presse in London The Bank of England is expected this week to hold record-low interest rates and its quantitative easing cash stimulus, after encouraging British economic ... expectations for more modest first-quarter expansion of 0.1 per cent. The technical definition of a recession is two successive quarters of economic contraction. “The odds favour the Bank of England ...

  9. News - World - SCOTLAND

    Thousands march in Edinburgh to preserve UK as Scotland vote nears

    Posted Sep 13th 2014, 08:31pm by Agence France-Presse in Edinburgh

    ... showed the unionists had retaken a small lead. Banking giant RBS was among those to say they could re-register their headquarters in England following an independence vote but insisted ... that caused the Great Depression. Finance minister George Osborne and Bank of England chief Mark Carney on Friday said they had cancelled plans to attend a G20 meeting in Australia to deal ...

  10. Business - Banking & Finance

    ECB keeps interest rates at record-low as Ukraine casts cloud over Europe

    Posted Aug 08th 2014, 04:28am by Reuters

    ... and credit dynamics." Separately, the Bank of England also kept interest rates at their record low yesterday, giving Britain's fast economic recovery more time to build even as differences ... Reuters in Frankfurt and London As conflict in Ukraine threatens to hit, central bank leaves borrowing costs unchanged ECB keeps key interest rate at record low The European Central Bank ...




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