U.K meeting minutes vote of keeping interest rates on hold
Wednesday, 18 May 2011 12:36
News just in by the Bank of England, Minutes of the Monaterly Policy Committee meeting voted 6-0-3 to keep interest rates steady on hold for the ongoing month.
Read MoreSterling Steadies
Tuesday, 19 April 2011 12:23
Sterling steadied on Tuesday after the currency came under pressure Monday on speculation that Greece would need to restructure its debt in the near future.
Read MoreInflation in the UK slowed in March
Tuesday, 12 April 2011 02:06
Inflation in the UK slowed in March for the first time in eight months, consumer prices rose 4 % from a year earlier after a 4.4 % increase in February. The cost of food fell the most in almost four years due to heavy discounting at supermarkets and food outlets.
Read MoreUK Retail Sales Fall
Tuesday, 12 April 2011 12:22
UK retail sales dropped by a record in March, placing more pressure on the Bank of England to raise interest rates from a record low. The pound fell against the dollar and the euro off the back of these numbers.
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