Bank of England deputy says economic crisis was underestimated
London - The Bank of England (BoE) failed to understand the seriousness of the looming economic crisis despite rocketing house prices and credit levels, its deputy chief said Monday. John Gieve said the bank had spotted some crazy borrowing and uns...

[ Published on : Thu, 01 Jan 2009 13:50 ]

Bank of England deputy says economic crisis was underestimated
London - The Bank of England (BoE) failed to understand the seriousness of the looming economic crisis despite rocketing house prices and credit levels, its deputy chief said Monday. John Gieve said the bank had spotted some crazy borrowing and uns...

[ Published on : Mon, 22 Dec 2008 11:45 ]

Bank of England cuts interest rates to historic low of 1.5 per cent
London - The Bank of England Thursday slashed interest rates to an historic low of 1.5 per cent in a further effort to soften the impact of a deepening recession. The decision to cut rates by half a percentage point by the banks Monetary Policy Comm...

[ Published on : Thu, 08 Jan 2009 08:29 ]

Bank of England cuts interest rates to all-time low - Summary
London - The Bank of England Thursday slashed interest rates to an historic low of 1.5 per cent in a further effort to soften the impact of a deepening recession. The decision to cut rates by half a percentage point by the banks Monetary Policy Comm...

[ Published on : Thu, 08 Jan 2009 11:29 ]