Think about currency now
UK investors considering selling offshore assets this year are being encouraged to start thinking about currency valuations as a priority as sterling continues it decline.
UK investors considering selling offshore assets this year are being encouraged to start thinking about currency valuations as a priority as sterling continues it decline.
A less than rosy economic forecast by the Bank of England caused the pound to fall to a six-month low against the dollar and to one of its lowest levels against the euro for 15 months on Wednesday.
We've heard some tantalising comments from Mark Carney this week on inflation targeting and, given how the Bank of England has failed to keep below its 2% benchmark, perhaps reassessing its goals might be a good idea.
So, it's the turn of a Canadian to take residence in the grandest of London's pecuniary institutions yes, Alanis Morissette has been selling out the O2 Arena.
The UK's four biggest banks could need raise to up to £35bn in new capital to protect themselves against future losses, the Bank of England has claimed.
Bank of Canada governor Mark Carney has been named as Mervyn King’s successor at the Bank of England.
The Bank of England has changed how its asset purchase facility (APF) is managed, in a move which amounts to further loosening of UK monetary policy.
There are divisions at the Bank of England over adding to the £375bn quantitative easing (QE) programme next month.
So, there’s no new stimulus measures this month and UK interest rates have been kept at 0.5% no surprise there but could the base rate really be maintained at a record low level for the next 10 years?
As soon as banks and their regulators – both the FSA and the Bank of England – go back to doing their most basic functions the better off we will all be.
Minutes from the latest MPC meeting show banks could further restrict lending to businesses and households.
As the BoE holds interest rates at 0.5% investors are forced to take greater risks for their income.