Governor of the Bank of England Mervyn King has angrily rejected claims that it was only three weeks ago that "the penny
The Bank of England governor Sir Mervyn King "wasn’t interested" in worries about the Libor rate when it was discussed in
The chancellor of the exchequer, George Osborne, has staked the British government's reputation on reducing the country's record-high peacetime fiscal deficit (11.4% of GDP in 2009). He has succeeded in making modest inroads since mid-2010, albeit by front-loading less politically contentious measures.
The Bank of England has voted to inject £50bn into the economy as the UK struggles to pull out of its double-dip recession
Billions of pounds of emergency cash are expected to be pumped into the economy on Thursday amid growing fears the UK remains
More emergency cash is expected to be pumped into Britain's economy this week as policymakers seek to cushion the UK from
Plans to free up billions of pounds of cash held by banks were announced on Friday to help kickstart lending in the latest
Bank bosses should be subject to a "detailed investigation" over the IT meltdown which left thousands of customers without
The Bank of England resisted pumping more cash into the struggling UK economy by the narrowest of margins earlier this month
The government should immediately cut business rates and, should further asset purchases be used by the Bank of England, pass an emergency law to make sure that the extra liquidity is passed on to SMEs and not kept on balance sheets.