News

The US Federal Reserve said it would continue to reduce its bond buying stimulus program by $10 billion a month and will keep interest rates extraordinarily low for as long as required.

Bank of England Governor Mark Carney called for the defence

Bank of England Governor Mark Carney will be forced to defend his flagship policy of ‘forward guidance’ this week as markets bet on a faster fall in unemployment than the central bank predicts.

Ben Chu: Productivity plummeted in 2008 – and its fortunes are tied to our own

Economic View: Through education and developing new technologies, we have increased output

James Ashton: Bankers toiling in these dog days will be wagging their tails at bonus time

The whodunnit 'Broadchurch' was praised for its ‘restrained approach’

FTSE set for second week of losses thanks to US jitters

London’s FTSE 100 was on course for its second losing week in a row today as fears over the US Federal Reserve slowing the pace of money-printing lingered in City dealing rooms.

The Business Matrix: Saturday 10 August 2013

French in charge at Olympic Park

Mark Carney starts Monday as the new Governor of the Bank of England

Banks must help businesses create jobs or become 'socially useless' says Bank chief Mark Carney

Banks risk becoming socially useless unless they focus on the real economy and help businesses invest and create jobs, Bank of England governor Mark Carney has said.

Banks must help businesses create jobs or become 'socially useless' says Bank chief Mark Carney

Banks risk becoming socially useless unless they focus on the real economy and help businesses invest and create jobs, Bank of England governor Mark Carney has said.

What the Sunday Papers said…

The Independent on Sunday: Carney to give first steer on Bank’s plans for UK economy

Carney gives first steer on UK economy

New Bank of England guidance policy could see interest rates held for foreseeable future

Hamish McRae: US economic good news may just be the tonic that interest rates thirst after

Economic View: What happens to US rates affects the rest of the world but so too does what happens to the US economy

Simon Read: Premium bonds rate cut leaves slim hope of jackpot

An estimated 22 million people hold Premium Bonds. That's around a third of the country. But why do they remain so popular?

Sterling and FTSE blow despite economy’s revival

Financial markets gave the latest GDP figures a downbeat reception, despite the official confirmation that the recovery strengthened in the second quarter of the year.

Mark Dampier: Don't write off bond exposure just yet

It is still difficult to see interest rates in the UK rising before the next general election.

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