With the second credit crunch in the last decade threatening an already wavering UK economy, the Financial Policy Committee (FEC) for the Bank of England (BOE) is anticipating an elevated need for tax...
In an unexpected and surprising move, the Bank of England (BoE) recently stopped buying bonds that have a 2017 maturity date with a coupon of 8.75pc, after bond dealers rose the price to more than 140...
In a statement to Reuters, a spokesperson for the Confederation of British Industry said that it would be a mistake to hastily print more money in a second round of quantitative easing (QE2) because t...
According to the latest statistics, government hit a record high for August borrowing due to an increase in spending. Public finances are now under even greater pressure and BoE is at the ready to beg...