"This is the dark side of technological revolutions and that dark-side has always been there," says Andy Haldane, chief economist of Bank of England...
Mike Carney to stay till Brexit negotiations get over IFM Correspondent November 1, 2016: Bank of England governor Mike Carney has ended days of speculation by announcing that he will step down in June 2019, still two years short of a full term. He said he recognises the importance ‘to the country of continuity during...
Move surprises many; however, cuts may take place in August IFM Correspondent July 15, 2016: In a move that has surprised many, Bank of England (BoE) has kept interest rates unchanged, despite widespread expectations that it was going to cut its benchmark rate in the wake of a June vote in the UK to leave...
Move aimed at boosting the economy IFM Correspondent July 11, 2016: In order to provide a fillip to the economy post-Brexit, the Bank of England (BoE) is expected to cut interest rates to new historic lows on Thursday. Though a slowdown post-Brexit was more or less predicted, the bank may decide to take some measures...