The Bank of England is working on radical plans to inject cash directly into the British economy as a last resort to reverse a slide into recession, a newspaper reported on Friday...
LONDON, Feb 5 - The Bank of England cut interest rates by another 50 basis points on Thursday to a new all-time low of 1.0 percent, in a bid to pull the British economy out...
LONDON, Feb 5 - The Bank of England cut interest rates by another 50 basis points on Thursday to a new all-time low of 1.0 percent, aiming to help the British economy out of recession...
LONDON, Aug 12 - British inflation will be below target in 2011 if interest rates rise next year and the economy will take a long time to recover properly, the Bank of England said, suggesting...
* QE decision next week finely balanced * Governor King's casting vote could be pivotal * BoE may want to avoid rise in yields LONDON, July 30 - The Bank of England could go either...
LONDON, June 4 - The Bank of England left interest rates unchanged at a record low of 0.5 percent for the third month running on Thursday, and said it would continue its 125 billion pound...
LONDON, June 4 - The Bank of England left interest rates unchanged at a record low of 0.5 percent for the third month running on Thursday, and said it would continue its 125 billion pound...
LONDON, May 13 - British inflation will be just above 1 percent in 2 years, and the economy will recover more slowly than previously thought, the Bank of England said, although there are big risks...
* Interest rates left on hold at 0.5 percent * Bank to continue with 75 billion pound asset purchases * Over 26 billion pounds of assets bought so far (Adds analyst comment) LONDON, April 9...
SAO PAULO, March 27 - British Prime Minister Gordon Brown, dismissing talk of a rift between him and Bank of England Governor Mervyn King over fiscal stimulus, said that Britain must not rule out taking...