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United Kingdom

Fiona Shaikh

Business group economist to replace arch-dove Posen at BoE

06 Jul 2012

LONDON Britain's finance ministry has appointed Ian McCafferty, the chief economist of business lobby group the Confederation of British Industry, to replace arch-dove Adam Posen on the Bank of England's rate-setting committee.

Gilts dive after BoE's 4-month buying spree disappoints

05 Jul 2012

LONDON British gilt futures shed their early gains and underperformed bunds, after the Bank of England's decision to inject 50 billion pounds of stimulus into the system over 4 months disappointed investors eyeing a slightly bigger boost.

Public borrowing rises as income tax falls

27 Jun 2012

LONDON The government borrowed more than expected in May after income tax receipts fell and spending rose, in a sign the Conservative-Liberal Democrat coalition may struggle to meet its austerity target this year as the euro zone crisis rumbles on.

Government extends credit-easing scheme to big firms

27 Jun 2012

LONDON The government is to expand its credit-easing scheme for small businesses to include larger firms and will also give banks more options to access state-guaranteed funds to boost take-up, Chancellor George Osborne said on Tuesday.

Britain extends credit-easing scheme to big firms

26 Jun 2012

LONDON Britain is to expand its credit-easing scheme for small businesses to include larger firms and will also give banks more options to access state-guaranteed funds to boost take-up, finance minister George Osborne said on Tuesday.

Britain extends credit-easing scheme to big firms

26 Jun 2012

LONDON Britain is to expand its credit-easing scheme for small businesses to include larger firms and will also give banks more options to access state-guaranteed funds to boost take-up, chancellor George Osborne said on Tuesday.

Britain extends credit-easing scheme to big firms

26 Jun 2012

LONDON, June 26 Britain is to expand its credit-easing scheme for small businesses to include larger firms and will also give banks more options to access state-guaranteed funds to boost take-up, finance minister George Osborne said on Tuesday.

UK public borrowing rises in May as income tax falls

26 Jun 2012

LONDON, June 26 - Britain's government borrowed more than expected in May after income tax receipts fell and spending rose, in a sign the Conservative-Liberal Democrat coalition may struggle to meet its austerity target this year as the euro zone crisis rumbles on.

Public borrowing rises in May as income tax falls

26 Jun 2012

LONDON, June 26 - Britain's government borrowed more than expected in May after income tax receipts fell and spending rose, in a sign the Conservative-Liberal Democrat coalition may struggle to meet its austerity target this year as the euro zone crisis rumbles on.

UK debt chief says gilt market can cope with more QE

20 Jun 2012

LONDON A further round of stimulus from the Bank of England is unlikely to cause any disruption to the UK government bond market, Britain's chief debt issuer said on Wednesday.

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