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Topic: Jonathan Loynes

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Business News // 1 decade ago

Germany's triple-A credit rating in danger

Germany's triple-A credit rating was threatened Tuesday amid fears it will be pulled down by Spain, which analysts said was near needing a full-scale bailout.

Analysis: Economic Outlook // 1 decade ago

Economic Outlook: Falling into a stall

Data released in Europe Tuesday show a serious risk of recession just at at time when the continent's debt crisis could undermine growth.

Analysis: Economic Outlook // 1 decade ago

Economic Outlook: Blind faith

If U.S. stock futures were higher Thursday morning, why did the past three days of gains on Wall Street seem so surreal?

Business News // 1 decade ago

Britain's January deficit a surprise

Britain's January budget deficit put the country on track to surpass Greece in terms of debt as a percent of the national economy, a leading economist said.

Business News // 1 decade ago

BOE sees sharp contraction ahead

The British economy could shrink 2 percent in the second quarter of 2009, the Bank of England said Thursday.

Business News // 1 decade ago

Saving slips in Britain to 1959 levels

The savings rate in Britain has declined to the lowest level since 1959, the government's Office for National Statistics said.

Business News // 1 decade ago

Bank of England warns of tough times ahead

The Governor of the Bank of England, Mervyn King, warns Britain is facing tough economic times ahead.

Business News // 1 decade ago

Bank of England offers $100 billion swap

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 // 1 decade ago

Walker's World: As grim as 1929?

Some British financial analysts are talking 1929. Could they be right?

Quotes

The message here is that they are going to be in no hurry at all to start to tighten policy, whether that is through a reversal of quantitative easing or higher interest rates
BOE report is cautiously optimistic May 13, 2009

Most Western developed economies are going to see the deepest downturn they've seen in a number of decades, in some cases possibly since the Second World War
Signs of global downturn hit markets Feb 18, 2009

The forecasts for the real economy have also been revised down sharply, with GDP expected to contract throughout next year
BOE sees sharp contraction ahead Nov 12, 2008

The economy now looks set to grow by just 1.2 percent or so this year, with a very strong chance of a technical recession in the second half
British economy may be in recession Aug 23, 2008

With growth already so weak in the first quarter before the full effects of the credit crunch and housing downturn had been felt, the economy looks set to slow significantly further over coming quarters
Soaring debts stoke recession fears Jun 28, 2008