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Monday 19th May 2008
Who Will Follow Rachael Lomax? While it seems certain that Rachael Lomax will leave her position as Deputy Governor of the bank of England in a matter of weeks, it is not certain who will be replacing her. The Times newspaper...
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Sunday 18th May 2008
Who Will Be The Next BoE Deputy Governor? As the Treasury and the Bank of England stumble from one difficult situation to the next, they will need to find a Deputy Governor as quickly as possible to take the place of Rachel Lomax. Despite... |
Saturday 17th May 2008
Is The Economic Straightjacket Tightening? This week saw the largest weekly decline in two year UK government debt notes for 14 years with traders concerned that the recent spate of interest rate reductions in the UK may be at an end. The... |
Saturday 17th May 2008
The Flexible Working Hours Double Edged Sword While the government has been good to its promise and brought in a new law to give workers more flexibility in the hours which they work, there are many in the business sector that believe that... |
Saturday 17th May 2008
UK Banks May Swap £90 Billion Of Debt With The BoE Even though the £50 billion gamble which the UK government announced recently created something of a stir in the debt markets, we are hearing news that the figure of £50 billion may actually be... |
Friday 16th May 2008
Bankruptcy Numbers Show Fall From Last Year Despite the fact that the worldwide economy is on a slippery slope it seems that less people filed for bankruptcy in the first quarter of 2008 compared to the same period last year. Figures... |
Friday 16th May 2008
Gordon Is Here To Save The Day Despite possibly the worst month since he began his spell in office, the Prime Minister Gordon Brown has today re-iterated his view that he is the man to lead the UK economy. He believes that his... |
Monday 28th April 2008
Brit businesses defying crunch, says BCC The majority of UK businesses remain optimistic of their prospects this year despite the credit crunch, a new survey has suggested. According to a study conducted by the British Chambers of Comme... |
Friday 25th April 2008
Pay increases slowing in April Pay increases for UK workers appear to be moderating in April, new data suggests. New figures from payments specialists IRS show that during the first three months of this year the rate of pay in... |
Sunday 20th April 2008
Lloyd's TSB appoint new retail division director Bosses at Lloyds TSB have announced that finance director Helen Weir is moving to head up the banks retail division. Helen Weir, 45, was offered the position after previous Lloyds TSB retail... |
Tuesday 15th April 2008
March House Price Falls Steepest On Record While the government and the Council of UK Mortgage Lenders argue over who is to blame and what needs to be done to protect the property market from the credit crunch, a damning report has been... |
Tuesday 15th April 2008
House price balance 'worst for 30 years' More surveyors believe that house prices are falling in the UK than at any time for 30 years, the Royal Institute of Chartered Surveyors (Rics) said today. According to the association, the dispar... |
Wednesday 9th April 2008
Bank tipped to make 0.25% cut to base rate Analysts are tipping the Bank of England's monetary policy committee (MPC) to cut interest rates this week, amid signs of an economic downturn. The MPC is expected to trim rates by 0.25 per cent,... |
Monday 7th April 2008
Insolvencies up 8.5% in Q1 The number of insolvencies rose to 4,798 during the first quarter, as the credit crunch begun to impact on UK businesses. This figure is 374 more than in the preceding period and an increase of 1... |
Thursday 3rd April 2008
£1bn lost to tax evasion last year Tax evasion offences could be cut by imposing more effective punishments on offenders, it has been claimed. According to a new report conducted by the National Audit Office (NAO), HM Revenue and ... |
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UK economy
Speculation has been mounting that further interest rate cuts will be announced by the Bank of England, after minutes from its previous meeting on cuts were released. They reveal that the Bank's n... 
