Jonathan Loynes

Topic: Jonathan Loynes

Jonathan Loynes is the subject or is mentioned in the following stories:

Mervyn King

Alistair Darling

Linda Lingle

Inflation falls sharply in Britain

LONDON, Nov. 18 (UPI) -- Inflation in Britain fell in October by the biggest margin since 1997, possibly signaling a central bank lending rate cut in December, an economist said.

BOE sees sharp contraction ahead

LONDON, Nov. 12 (UPI) -- The British economy could shrink 2 percent in the second quarter of 2009, the Bank of England said Thursday.

British economy may be in recession

LONDON, Aug. 23 (UPI) -- Britain may be moving closer to a recession as economic growth came to a standstill in the second quarter, government officials said.

Soaring debts stoke recession fears

LONDON, June 28 (UPI) -- Economists say soaring household debt is stoking fears in Britain that a severe recession may be in the cards as part of an economic slowdown.

Saving slips in Britain to 1959 levels

LONDON, June 27 (UPI) -- The savings rate in Britain has declined to the lowest level since 1959, the government's Office for National Statistics said.

Bank of England warns of tough times ahead

LONDON, May 15 (UPI) -- The Governor of the Bank of England, Mervyn King, warns Britain is facing tough economic times ahead.

Bank of England offers $100 billion swap

LONDON, April 21 (UPI) -- The Bank of England, looking to shore up the country's banks, announced a $100 billion exchange of government bonds for mortgage-backed securities Monday.