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Highlights this month
  • Warned, as the country faces a looming recession
    UK economy set to shrink sharply

    The UK economy could shrink by up to 2% next year, the Bank of England has warned, as the country faces a looming recession.

    Sky News Business - 2 weeks, 5 days ago
  • Room to cut borrowing costs even further
    Pound falls to all-time euro low (AP)

    AP - The pound fell to an all-time low against the euro Monday after British producer price data raised expectations that the Bank of England has room to cut borrowing ...

    Yahoo! News: World News - 3 weeks ago
  • Slashed its benchmark interest rate by 1.5 percentage points to ...
    BoE slashes interest rates to 3 percent (AP)

    AP - The Bank of England has slashed its benchmark interest rate by 1.5 percentage points to 3 percent.

    Yahoo! News: World News - 3 weeks, 4 days ago
  • Widely expected to cut its key lending rate by at ...
    Bank of England to slash interest rates again: analysts (AFP)

    AFP - The Bank of England is widely expected to cut its key lending rate by at least half a percentage point on Thursday as recession looms in Britain amid ...

    Yahoo! News: World News - 3 weeks, 5 days ago
  • Aggressively cut borrowing costs this week
    European markets open higher amid rate cut hopes (AP)

    AP - Europe's stock markets opened modestly higher Monday after solid gains in Asia overnight and amid mounting expectations that the European Central Bank and the Bank of England will ...

    Yahoo! News: World News - 4 weeks ago
  • Called for new constraints on banks to avoid a repeat ...
    Bank of England urges reform

    The Bank of England has called for new constraints on banks to avoid a repeat of the financial crisis.

    The Age - 1 month ago
7 hours, 56 minutes ago European central banks under pressure to cut rates (AP)
AP - The European Central Bank and the Bank of England are under mounting pressure to cut interest rates aggressively this week amid signs that the economic slump will be ...
Yahoo! News: World News - 3:28 a.m. Tuesday 2nd December 2008
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13 hours, 23 minutes ago Europe factories in slump, hope for big rate cuts
Data shows inflationary pressures plummeting, ECB, Bank of England rate cuts seen. 1 Dec 2008 11:01 PM
Business Spectator economy - 10:01 p.m. Monday 1st December 2008
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British lending growth slowed in October (AP)
AP - Britons took out fewer mortgages and reined in spending in October as the economic downturn intensified, the Bank of England said Monday.
Yahoo! News: World News - 8:42 p.m. Monday 1st December 2008
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British manufacturing contracts at record pace (AP)
AP - British manufacturing activity contracted at a record pace during November as new orders collapsed, a closely-watched survey found Monday, stoking expectations that the Bank of England may slash ...
Yahoo! News: World News - 8:32 p.m. Monday 1st December 2008
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2 days, 1 hour ago China/Japan Slumping
All those people who still believe Australia won't dip into recession in 2009, as the IMF, OECD, Federal Treasury and Reserve Bank, should think again. China, whose 'solid' demand for ...
ASX Newbie - 10:04 a.m. Sunday 30th November 2008
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5 days, 1 hour ago No need to nationalise
After pumping in £37bn to bolster bank balance sheets and guaranteeing tens of billions in loans, the British government and the Bank of England are entitled to expect that banks ...
World News Network - 10 a.m. Thursday 27th November 2008
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6 days, 3 hours ago Banks are going to need more: Bank of England
Bank of England Governor Mervyn King told British MPs Tuesday that banks could require more capital injections before they are able to resume lending, a problem he defined as the ...
Live News Business - 7:26 a.m. Wednesday 26th November 2008
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Bank of England says banks may need more
Bank of England Governor Mervyn King told British MPs that banks could require more capital injections before they are able to resume lending.
Sydney Morning Herald Business - 7:15 a.m. Wednesday 26th November 2008
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6 days, 13 hours ago Bank of England says banks may need more money (AP)
AP - Bank of England Governor Mervyn King told British lawmakers Tuesday that banks could require more capital injections before they are able to resume lending, a problem he defined ...
Yahoo! News: World News - 10:16 p.m. Tuesday 25th November 2008
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1 week ago Weekly Diary
Interest rates will again be the focus in the week ahead with reductions expected (slashes more like it) in Australia, the UK, Europe and New Zealand. In the US it ...
ASX Newbie - 1:43 p.m. Monday 24th November 2008
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Weekly Diary
Interest rates will again be the focus in the week ahead with reductions expected (slashes more like it) in Australia, the UK, Europe and New Zealand. In the US it ...
ASX Newbie - 1:43 p.m. Monday 24th November 2008
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1 week, 4 days ago Banks Raising Current Account Overdraft Rates
BRITIAN'S banks have been raising their current account overdraft rates over the past year, in spite of a 2.75 percentage point cut in the Bank of England base rate over ...
iStock Analyst - 12:49 a.m. Friday 21st November 2008
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1 week, 5 days ago Bank of England unanimous in slashing interest rates: minutes (AFP)
AFP - Bank of England policymakers voted 9-0 to slash interest rates by a third to 3.00 percent earlier this month, minutes of their meeting revealed on Wednesday.
Yahoo! News: World News - 8:34 p.m. Wednesday 19th November 2008
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Bank of England considered even larger rate cut (AP)
AP - The Bank of England said Wednesday it considered an even bigger rate cut than the 1.5 percentage point trim to a 53-year low of 3 percent it made ...
Yahoo! News: World News - 8:19 p.m. Wednesday 19th November 2008
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FTSE down 1.5% ahead of BoE rate meeting's minutes
* FTSE down 1.5 percent * Heavyweight miners weigh on sentiment * Caution ahead of Bank of England MPC meeting minutes * HBOS higher ahead of shareholders meeting By Jon ...
World News Network - 10 a.m. Wednesday 19th November 2008
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