- The King is dead and why we all love Gordon Gekko.
- Why is it I feel like the death of Michael Jackson is similar to the painful mourning of financial services as we know it?
- Tue 30th Jun 2009
- Trumpo tickled pink following conversation with piggybrankrupt.
- I had the pleasure of speaking to a website publisher today who is doing a great job for those in financial difficulty.
- Wed 20th May 2009
- Most MPs look after their own interests first.
- In what can only be described as Justice, the dodgy MPs are being found out playing the Mortgage Interest “win win” lottery.
- Fri 15th May 2009
Economy facing "testing times", says BoE
Thu 17 Jan 2008 4pm
The Bank of England's (BoE's) monetary policy committee is currently faced with "testing times" as a result of the uncertainty surrounding the economy, according to one official.Speaking at a meeting with the London Chamber of Commerce and Industry, BoE deputy governor John Gieve said that economic growth is now experiencing a sharp slowdown, partly due to last year's base rate increases.
He added that this, coupled with the effects of the ongoing global credit crunch, could be enough reason to make a "progressive" policy shift, going on to note that rises in food and oil prices could have further repercussions.
"These are likely to raise our inflation rate well above target in the coming months at a time when short-term inflation expectations remain uncomfortably high," Mr Gieve stated.
Earlier this week, figures from the Office for National Statistics showed that consumer price index inflation remained steady at 2.1 per cent in December.
