Saudi and Russian-led oil cuts could spark global recession, IEA warns
Good morning. The Bank of England has lashed out at fellow City regulators over the pension market fiasco after an...
archiveBank of England
Recession looms after surprise shrink in UK economy
The economy shrank sharply in August as swathes of British industry went into reverse, raising renewed fears of recession following...
A palpable gloom hangs over the West as Europe heads into a brutal winter
In its latest World Economic Outlook, the IMF comments: “Decades of procrastination have transformed what could have been a smooth...
Three Lessons for Americans from the British Pound’s Plunge
For now, the Bank of England has restored some calm to the global financial markets, which got the jitters a...
Remember new currencies post demonetisation? UK is in somewhat similar situation after Queen’s death
The UK has a gargantuan task in hand – what to do with the current currency with Queen Elizabeth II’s...
Bank of England tells ministers to intervene on digital currency ‘programming’
The Bank of England has called on ministers to decide whether a central bank digital currency should be “programmable”, ultimately...
