BoE 'hurt by UK growth targets'
106779
Five-years of over-optimistic forecasts did not help the Bank of England set rates and manage policy, a report says.
281707
Gordon Brown may miss his golden rule on public borrowing because of a shortfall in corporate tax revenues, a new study says.
367436
The Bank of England on Thursday left its key interest rate at 5.50 percent, opting against back-to-back cuts amid a gloomy economic outlook at home and abroad.
166081
British Chancellor Gordon Brown believes action must be taken to protect economic growth. Photo: AP. The global economic recovery is at risk unless governments tackle growing trade imbalances
474775
The pound was in focus today after Bank of England (BoE) governor Mervyn King defended the central bank&#39;s arms-length approach to the instability sweeping the world&#39;s financial markets weighed on the pound.
747291
Investor's Business Daily - Last year, the United Kingdom was still coasting on an uninterrupted growth cycle that began in 1992. It averaged annual GDP growth of 2.5% for years. In September, the British pound hit a high of $2.03. Many expected the British economy to kick into overdrive and reach a 3% increase for 2007.
551200
The Bank of England looks set to cut UK interest rates amid signs of a slowing economy, analysts say.
213372
A Bank of England rate-setter warns that a downward spiral of falling house prices threatens the economy.
624360
LONDON High oil prices slowed the British economy in the third quarter, a government report showed Friday, lessening the need for policy makers to tap the brakes on an economy that has consistently outpaced its Continental neighbors.
530952
The leading share index fell Thursday amid investor worries about further hikes in interest rates after the Bank of England (BoE) raised its main borrowing rate to 5.75 percent.
296286
Britain is likely to face an acceleration of inflation and a slowing of growth in 2008, Bank of England governor Mervyn King said Tuesday, as turmoil shook financial markets worldwide.
442210
The outlook for small UK firms has worsened in recent months, a survey from Bank of Scotland suggests.
614223
Job cuts at European investment banks are set to accelerate, suggesting the sector is not too optimistic on revenues and is feeling the pressure to boost returns by clamping down on costs.
207378
Business & money: Â· Data shows Britain in line for prolonged slowdownÂ· Balance of payments runs to shortfall of Â£20bn
452143
A report from Ernst & Young says UK policy makers must not hike interest rates so high they hurt the economy.
570207
The FTSE 100 lost ground on Thursday as the Bank of England resisted calls for a cut in UK interest rates.
103816
Mervyn King, governor of the Bank of England, likens the British economy to a ship buffeted by strong crosswinds. From across the Atlantic blows the credit squeeze, sapping output growth. From the east a blast of higher energy and food prices stirs up inflation.