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Economics / Markets

Economics / Markets

BoE's Dale: QE must not become long-term crutch

The Bank of England's chief economist Spencer Dale has warned printing more money "might do more harm than good" and could cause harm for the future.

clock 10 September 2012 •

Economics / Markets

Soros tells Germany 'lead or leave euro'

George Soros has urged Germany to "lead or leave the euro" just days before a key ruling on the eurozone's bailout fund by Germany's constitutional court.

clock 10 September 2012 •

Economics / Markets

Turner warns on dangers of 'shadow banking'

The dangers of 'shadow banking' must be addressed to halt future financial disasters, Financial Services Authority (FSA) executive chairman Lord Turner has said.

clock 10 September 2012 •

RDR

Tyrie: we'll be watching RDR impact closely

The Treasury Committee has promised to monitor the benefits to consumers of changes introduced as a result of the Retail Distribution Review (RDR), after the Financial Services Authority (FSA) again said it would be sticking to its year-end implementation...

clock 07 September 2012 •

Economics / Markets

Draghi: we'll buy bonds to prevent 'destructive scenarios'

ECB president Mario Draghi has outlined details of a plan to buy unlimited amounts of eurozone nations' short-dated debt in an effort to stem the eurozone crisis.

clock 06 September 2012 •

Economics / Markets

OECD slashes UK growth forecast

The Organisation for Economic Co-operation and Development has made a sharp cut to its forecast for UK growth in its latest interim economic assessment.

clock 06 September 2012 •

Economics / Markets

Bank holds rate at 0.5%, maintains QE at £375bn

The Bank of England's Monetary Policy Committee (MPC) has voted to hold the interest rate at 0.5%.

clock 06 September 2012 •

Economics / Markets

Hargreaves pans 'idiot' Clegg over rich tax

Peter Hargreaves has criticised ministers for failing to shore up the economy, and omitting to "look in their own backyard" for solutions to the problem.

clock 06 September 2012 •

Economics / Markets

US judge dismisses RBS shareholder case

Royal Bank of Scotland (RBS) shareholders involved in a £3.3bn lawsuit against the lender and former directors, including Fred Goodwin, have seen similar allegations made in the US dismissed.

clock 06 September 2012 •

Investment

Over 50s spending power slashed 9% in four years - Saga

A "toxic combination" of low interest rates, spiralling inflation and the Bank of England's quantitative easing (QE) policy has hit over 50s spending power, Saga has said.

clock 06 September 2012 •
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