The recent plunge in crude prices could help ... "It is very possible that a further fall ... The UK could suffer a prolonged and deeper ... Brown also insisted that a second banking bailout ... If oil stabilises near $40 a barrel, it ... The survey also warned that the decline in...
A second multi-billion pound rescue of the UK ... Darling’s plans, which include buying up “toxic assets”, ... Alistair Darling, the Chancellor, has been weighing a ... However, Vince Cable, the Liberal Democrat treasury spokesman,...
Professor David Blanchflower will not extend his term ... Since joining the MPC in June 2006, Blanchflower ... Meanwhile, the BoE on Wednesday appointed Paul Tucker ... He has been a member of the MPC ... Tucker’s appointment is expected to boost morale in ... His exit will come as blow to the...
The British Chambers of Commerce has pressed the ... The Institute of Economic Affairs’ “shadow” monetary policy ... Meanwhile, Alistair Darling on Saturday cautioned that the ... Separately, Lord Mandelson, the Business Secretary, has cautioned ... David Kern, economic adviser to the BCC, said...
The Bank of England could cut interest rates ... “We may need to cut bank rate more ... King warned that a continued freeze in banks’ ... Meanwhile, Alistair Darling is lining up a string ... Separately, Lorenzo Bini Smaghi, a member of European ... Testifying before the Treasury select committee, the BoE...
Alistair Darling on Monday unveiled a bold plan ... In his pre-Budget report, Darling downgraded growth estimates ... Public spending will be slashed by £12bn from ... Darling also declared big tax hikes for the ... Admitting for the first time that the crisis ... He also unveiled a cut in value-added tax...
The UK government on Monday outlined plans to ... Consequently, UK’s budget deficit will increase to £118bn ... Treasury chief Alistair Darling reduced the sales tax ... UK Prime Minister Gordon Brown said that the...
The UK Government has been accused of playing ... In his Pre-Budget Report yesterday, the UK Chancellor ... The overall borrowing total is set to reach ... Long-dated gilts are preferred by pension funds as, ... They are also considered a safer investment than ... Andrew Clare, chairman of asset management at London’s...
The UK Government has been accused of playing ... In his Pre-Budget Report yesterday, the UK Chancellor ... The overall borrowing total is set to reach ... Long-dated gilts are preferred by pension funds as, ... They are also considered a safer investment than ... Andrew Clare, chairman of asset management at London’s...
Alistair Darling will be compelled to concede on ... Meanwhile, Charlie Bean, the Bank of England’s deputy ... Separately, Olivier Blanchard, the International Monetary Fund's top ... In his pre-Budget report, Darling will admit that ... Comment: Darling must focus his limited funds on...
Alistair Darling on Tuesday warned that the Treasury ... Darling also said that banks would have “no ... The government is likely to be saddled with ... He said any lender seeking state support would...
UK high street lenders have told Alistair Darling ... Warning the chancellor they are “not charities”, the ... Bankers, who were called to a meeting at...
The Bank of England's Monetary Policy Committee on ... Alistair Darling stressed that it was "essential" that ... Meanwhile, the International Monetary Fund has cut its ... The IMF forecast that global growth would advance ... “There is a clear need for additional policy...
The UK government has hired former Lloyds TSB ... UKFI, unveiled on Monday by Alistair Darling, will ... Meanwhile, Darling and Mervyn King on Monday admitted ... Sir Philip, chairman of supermarket group J Sainsbury, ... Darling said the state-owned company would be “arm’s-length”...
Royal Bank of Scotland will this week make ... RBS has allocated £1.8bn to cover "staff costs" ... Analysts have estimated that RBS will take a ... Meanwhile, Darling will declare the formation of a ... Boardroom directors at the bank will not be...
Jim Spowart, the Scottish financier who established HBOS’ ... Peter Mandelson, the business secretary, on Friday approved ... Spowart, who is working on the offer with ... Spowart said there was a 50% to 60% ... Meanwhile, Collins Stewart analyst Alex Potter has suggested...
The Federal Reserve on Wednesday cut US interest ... “Business equipment spending and industrial production have weakened ... Meanwhile, Alistair Darling on Wednesday indicated that the ... Separately, the People's Bank of China slashed its ... Fed’s decision has moved the once unthinkable prospect...
The Federal Reserve on Wednesday slashed the key ... Fed added that industrial production and investment in ... The central bank said the "intensification of financial ... Separately, Alistair Darling on Wednesday indicated that the ... The People's Bank of China reduced interest rates...
Alistair Darling is expected this week to attempt ... Sterling plunged sharply against the euro, slipping to ... The currency slipped through the $1.60 mark on ... Darling, who is scheduled to make a speech...