Posted by Carlos on August 20, 2009 ·
Bank of England has announced that it is going to keep the interest rates low again, in order to overcome the deficits and also the losses that might have happened during all these months of hardships. Moreover, the idea is to provide less money so that people get encouraged to spend more and thus there would be a healthy distribution of funds in the [...]
Posted by GSerrano on June 30, 2009 ·
Central banks across the world have issued a warning that the British economy is headed towards a relapse into another recession. The indicators are palpably threatening and will most likely endanger a sustained recovery. Bank lending is still in dry spell. The Bank of England confirms that the country’s banks and other financial institutions still [...]
Posted by Preeti on February 2, 2009 ·
I am a die-hard feminist. But what actually gets me is this. The senior management at a reputed financial institution would seriously think that “Lipstick and Heels” could help them tide over one of the worst recessions that their country has known??!! The Bank Of England came under fire 2 days back, after a memo leaked from their Dress for Success [...]