Recession risk looms in Britain
LONDON, Aug. 14 (UPI) -- The governor of the Bank of England said there were signs the British economy could fall into a recession by the end of the year.
Wednesday, August 20
Topic: Mervyn King
Mervyn King is the subject or is mentioned in the following stories:
Walker's World: European economies unravel
PARIS, July 21 (UPI) -- Europe's economies are running into trouble fast -- or are they? Foreign investors and the central bank don't think so.
Inflation in Britain hits 16-year high
LONDON, June 17 (UPI) -- Inflation in Britain hit a 16-year high in May, prompting an explanatory letter from Bank of England to the country's Chancellor, officials said.
Bank of England maintains interest rates
LONDON, June 5 (UPI) -- Falling house prices did not stop the Bank of England from maintaining its key interest rate at 5 percent Thursday, economic observers 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.
Walker's World: EU threat to U.K. rescue
WASHINGTON, April 28 (UPI) -- In a striking warning of the loss of national sovereignty that comes with EU membership, Britain's $100 billion bailout plan for its banks and mortgage market is threatened with a ban from Brussels.
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.
Walker's World: The U.K.'s Saudi mess
LONDON, April 14 (UPI) -- Opposition parties never win elections, says the old political rule; governments lose them. And the British government of Prime Minister Gordon Brown, with the help of Saudis, seems to be following the traditional script.
Bank of England rejects rate cut option
LONDON, March 26 (UPI) -- Bank of England Governor Mervyn King told Britain's Treasury Select Committee Wednesday he would not use aggressive interest rate cuts to rescue banks.
Bank of England to keep cash available
LONDON, March 24 (UPI) -- The Bank of England is considering the possibility of pumping more cash into the British economy, sources close to the bank said Monday.
Thursday, August 21
Wednesday, August 20
Wednesday, August 6