The Bank of England’s flagship policy of forward guidance on interest rates will “evolve” next month, Mark Carney said yesterday, as he sought again to dampen expectations of an imminent rate rise.
World Economic Forum
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Tuesday 02 March 2010
George Soros, one of the world's leading investors, believes the euro "may not survive" and has publicly declared that he is buying into gold – even though he says he considers it a "bubble".
Saturday 06 February 2010
Friday 05 February 2010
Deutsche Bank will pay the Treasury £200m as a result of the one-off "supertax" on bonus pools. The company is the first major bank to put a figure on how much it will have to shell out as a result of the levy, which will be spread across its employees globally.
Wednesday 03 February 2010
Red faces at Macquarie Bank, who provided Australian TV with an economist for a live comment on the Reserve Bank of Australia's interest rate decision yesterday. A hapless trader sitting behind the star turn opened an email just as the cameras began rolling. He got the pictures of the topless model off his screen fast, but not fast enough to avoid them being broadcast to the nation. You'll find the clip on YouTube.
Monday 01 February 2010
A clear warning about the true health of the US economy and the state of US-Chinese economic relations has been issued by Larry Summers, President Obama's leading economic adviser.
Sunday 31 January 2010
The Conservative lead over Labour has slipped to nine points in the third poll this weekend to suggest the election could result in a hung Parliament.
Saturday 30 January 2010
Chancellor Alistair Darling said today that he was "confident but cautious" that Britain was on the path to a sustained economic recovery.
Thursday 28 January 2010
Outlook And so the fightback begins. You might say it was cowardly of the world's top bankers to wait until they had ducked behind the security barriers at Davos to come out swinging against regulatory reform, but until now no one has been prepared to put their head above the parapet. Strength in numbers was the feeling at the World Economic Forum yesterday, with a string of senior bankers speaking out.
Wednesday 27 January 2010
Sunday 24 January 2010
The small village of Davos, hidden in the Swiss moutains, is once again to host the world's most spectacular private gathering of the masters of the universe; among the exclusively invited guests are 2,500 power brokers, including 30 heads of state, royalty, 1,400 executives and owners of billion-dollar enterprises, and at least 12 central bank chiefs.
Thursday 12 November 2009
To the National Business Awards at the Grosvenor House Hotel, where the Chancellor of the Exchequer was on hand to give out some gongs. No comedian as entertainment, but Mr Darling was happy to step in. With the taxpayer-owned Royal Bank of Scotland behind one of the trophies, the Chancellor ad-libbed: "I'm delighted to see my bank is sponsoring one of these awards". Someone liked it: the Chancellor was asked for his autograph during dinner.
Wednesday 28 October 2009
Friday 09 October 2009
London is now the world's leading financial centre, rankings published today by the influential World Economic Forum reveal, in a report that will surprise those who have warned the UK's financial services industry is under threat from international competition.
Wednesday 09 September 2009
The impact of recession, the near collapse of the financial system and the parlous state of the public finances have pushed the UK down the international league table for competitiveness, according to a new authoritative survey.
Monday 27 April 2009
As the world grapples with the worst economic downturn in decades and the possibility of a flu pandemic, a growing body of research suggests the complexity of the modern global economy may make us more vulnerable than ever to catastrophe.
Britain's top vet sparks controversy with call for ban on slashing animals' throats in 'ritual' slaughters for halal and kosher meat products
Ukraine crisis: Russia dismisses '3am ultimatum' as 'total nonsense'
If you're horrified by a flame-roasted dog, you should be shocked at a hog roast
Poor 'live like animals' says Boris's privately educated sister after going on 'poverty safari'
White people become less racist just by moving to more diverse areas, study finds
Exclusive: Impact of immigrants on British workers ‘negligible’
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