Claim or Create your Free Community Profile : Sign in / Sign up
Bank of England to sit tight despite recession
Aug 1st, 2012
The Bank of England is expected to sit tight at Thursday's monetary policy meeting despite Britain's deepening recession, as the bank waits to see the impact of a recent cash stimulus injection, analysts said. (Source: AFP) -
By Huw Jones LONDON (Reuters) - Regulators decide this week how banks should set a limit to the risk they take onto their balance sheets, with investors likely to pressure lenders to comply before formal implementation in 2018. Banks will be forced to hold more capital and cash as part of the world's main regulatory response to the financial c... [Full Article]
By David Milliken LONDON (Reuters) - Britain should end the uncertainty over long-term plans for state-controlled Royal Bank of Scotland , a senior Bank of England official said on Wednesday. Paul Fisher, the BoE's markets director, said RBS's ability to attract investors and sustain lending was being hampered by a lack of clarity over wh... [Full Article]
By Conor Humphries and Maurice Neill BELFAST (Reuters) - More than 1,000 trade unionists, environmentalists and anti-poverty campaigners confronted heavy security in Belfast on Saturday to voice their anger at G8 leaders who meet in Northern Ireland next week. Stilt-walkers, drummers and protesters in Halloween masks chanted slogans against everyth... [Full Article]
ATHENS, Greece (AP) - State TV channels in Greece remained off-air Tuesday as the political storm over the future of public broadcaster ERT raged on, despite a court ruling that the prime minister's decision to pull the plug was wrong. (Source: Associated Press)... [Full Article]
By Clare Kane and Robert Hetz MADRID (Reuters) - Revenues may be declining and customers disappearing for phone companies in recession-hit Spain, but that has not stopped Jaime Bustillo from launching a new mobile operator in the depths of a downturn that has left 27 percent of the workforce unemployed. Bustillo, who used to work for Spain's s... [Full Article]
2Space PassportNewsCommunityMarketPlaceFree Tools
