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By Scott Hamilton and Jennifer Ryan, Bloomberg |
May 9, 2013
The Bank of England left its stimulus program unchanged as officials assess recent signs of strength in the economy after it returned to growth in the first quarter.
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By Lucy Meakin, Bloomberg |
January 9, 2013
The pound dropped below $1.60 for the first time in five weeks on speculation Bank of England officials meeting this week will signal they may introduce additional stimulus as the economy struggles to recover.
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By Scott Hamilton and Svenja O’Donnell, Bloomberg |
November 26, 2012
Bank of Canada Governor Mark Carney was unexpectedly appointed as the next head of the Bank of England, succeeding Mervyn King.
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By Jennifer Ryan and Scott Hamilton, Bloomberg |
October 4, 2012
Bank of England officials voted to complete their latest round of stimulus amid intensifying dissent on inflation risks that threatens to cause a rift on future aid for the economy.
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By Lucy Meakin and Neal Armstrong, Bloomberg |
September 25, 2012
The pound rose toward a one-year high against the dollar after an industry report showed U.K mortgage approvals increased last month, adding to signs the nation’s economy is improving.
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By Jennifer Ryan, Bloomberg |
September 19, 2012
Bank of England policy makers voted unanimously to maintain their bond-purchase target this month as officials differed on the need for more stimulus in light of growing inflation risks.
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By Ashraf Laidi |
September 1, 2012
Fundamentals for the British pound seem to be going from bad to worse
