The European Central Bank (ECB) has fired another warning shot in the battle for London's euro clearing market, after it proposed new rules which will give it regulatory powers over the market.
In a.. City A.M.
The bank of England isn’t known for its glittering cast of characters, and there’s only so much excitement to be found in monetary policy. Nevertheless, one individual down at Threadneedle St.. City A.M.
A day after Brexit negotiations officially began, Britain’s finance minister says his priority will be to avoid what he calls dangerous cliff edges. Philip Hammond told a London audience that what is.. Source: Euronews English -
The two key decision-makers in Britain's economy give speeches in London to spell out how they plan to prevent further hits to already weakened growth prospects following the launch of Brexit.. Source: Business Video Online -
Outgoing Bank of England policymaker Kristin Forbes has fired a parting shot at the doves on the monetary policy committee (MPC), saying an interest rate hike should not be held back any longer.
In.. City A.M.
A year on since the Brexit vote it sometimes feels we know even less about what will happen than we did before the results started to come through.
A weak minority government propped up by the.. City A.M.
The MPC vote was not the shoe-in that we expected with three voting for a rise instead of one. Then when Mark Carney tried to calm the waters, Andy Haldane shook them up again. So maybe rates could.. MailOnline
The Bank of England should withdraw its post-Brexit vote monetary stimulus “later in the year”, according to its chief economist, as the divisions among the central bank’s monetary policymakers.. City A.M.
The pound sank below $1.26 this morning, as investors continued to reel after the Bank of England's governor poured cold water on hopes of an imminent rate hike - and nervously awaited the Queen's.. City A.M.
Sterling fell to its lowest level since Prime Minister Theresa called a snap General Election in April after dovish comments by Bank of England governor Mark Carney this morning.
The pound fell by.. City A.M.
Speaking after three Bank policymakers called for a rate rise amid warnings that Brexit-fuelled inflation is set to surge further, Mr Carney said 'now is not yet the time to begin that adjustment'. MailOnline Also reported by •FT.com
'Before long, we will all begin to find out the extent to which Brexit is a gentle stroll along a smooth path to a land of cake and consumption,' the Governor said in his Mansion House speech Independent