The surprise increase in inflation last month prompted some speculation that the Bank of England might raise interest rates as a way of curbing inflation.
But the bulk of thought is that there will be insufficient improvement in the UK
Bank reforms have taken place across the UK since the financial crisis that occurred circa 2010.
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Bank reforms are to go ahead to prevent banks being bailed out in the future by the public purse.
George Osborne and Vince Cable will push ahead with the plans to separate high street lenders from “casino” investment banking.
Cable, …
Bank governor Sir Mervyn King says that banks need to brace themselves for an “extraordinary serious and threatening” economic situation.
The crisis in the eurozone is the biggest threat to the UK’s banking system, the Bank’s Financial Policy Committee (FPC) …
The British economy has been given a boost with the news that the there has been twice as fast growth in the third quarter as expected.
Economists had been widely predicting growth of 0.4 percent as the opposed to the …