Mark Carney is hailed as “the outstanding banker of his generation” but has his work cut out after replacing Mervyn King.
(Reuters) – Chancellor George Osborne completed talks on Sunday with government departments aimed at securing spending cuts worth 11.5 billion pounds in 2015-16 to help reduce the country’s budget deficit, the Treasury said.
The 2013 Q2 issue of the Bank of England Quarterly Bulletin is published today.
MPs’ salaries are expected to rise by at least £10,000 following a major review, taking them to more than £75,000.
Savers with more than 100,000 euros in the Bank of Cyprus could lose up to 60% of their deposits, two senior officials have warned.
Cyprus’ banks have opened their doors after the longest enforced bank holiday in Europe’s history.
It has been announced this evening that Cyprus agrees to a 20% tax on deposits over 100,000 euros at the Bank of Cyprus and a 4% tax at other banks, Reuters says.
Chancellor George Osborne is planning a hike in fuel to help britons ease the cost of living.
Access to London will cover the budget on 20 March . Here is an outline of what aspects. The budget will cover this year from The Telegraph
The 2013 Q1 issue of the Bank of England Quarterly Bulletin is published today.
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