Fox News - Fair & Balanced

British Recession

More Headlines »« Less Headlines

RelatedTopics

  1. Recession
  2. Recession Proof Jobs
  3. British Open Championship
  4. Women's British Open
  5. Senior British Open
  6. Growth-Killing Spending Cuts
Get updates on British Recession
BoE opts against further monetary stimulus

The Bank of England has opted against pumping more money into the British economy.The decision Thursday by the central bank's main policymaking body had been widely expected. The policymaking committee also opted to keep the main interest rate unchanged at 0.5 percent.Recent figures showing that Britain avoided its third recession in four years reined in expectations the Bank would make more asset purchases. The Bank has splashed out 375 billion pounds ($583 billion) since 2009 buying government bonds from financial institutions in the hope they will lend more and boost growth.Nevertheless, there is an expectation that the bank will try to do more to stimulate the British economy when Bank of Canada head Mark Carney replaces current governor Mervyn King this summer....

Read More ›

  1. Nikkei Rises as Yen Weakens After G20

    FBN’s Diane Macedo talks to IG market analyst Brenda Kelly and CCTV business reporter Haidi Lun about the European and Asian markets.

  2. London protesters bash Britain's austerity drive

    Tens of thousands of demonstrators descended on the British capital Saturday in a noisy but peaceful protest at a government austerity drive aimed at slashing the na...

  3. EU Leaders Agree on a Plan to Reduce Greece's Debt

    FBN’s Diane Macedo breaks down the stories moving the markets around the world.

  4. UK recession over as economy grows 1 pct in Q3

    Britain's economy emerged from its nine-month recession in the July to September quarter, when spending on the Olympics helped it grow by a bigger than expected 1 pe...

  5. Human cost to Europe's economic climate

    Across Europe, people have taken to the streets to protest the austerity measures governments are taking to stave off economic collapse.But beyond the chants and the...

  6. Tropical Storm Isaac’s Impact on the Price at the Pump

    Oil analyst Stephen Schork on the impact of Tropical Storm Isaac on oil prices.

  7. UK Q2 GDP down bigger than expected 0.7 percent, extending recession into a 3rd quarter

    Britain is suffering a far deeper recession than thought, official figures showed Wednesday in a development that is likely to increase the pressure on the governmen...

  8. What Would Churchill Do?

    How would have Winston Churchill have handled the economic crisis?

  9. Will Greece Get a Bailout From Europe?

    FBN’s Charles Payne, NewOak’s Jim Frischling and Dow Jones Newswires’ Nick Hastings on a possible Greece bailout.

  10. Despite French warning on austerity , Britain's Cameron insists UK must stand by spending cuts

    Britain must stick to its tough austerity measures despite doubts elsewhere in Europe over the best remedy to fix the continent's stalled economies, Prime Minister D...

  11. 5 senses prove key for company’s worldwide expansion

    Ella's Kitchen’s Paul Lindley on how his business tries to stand out in a competitive food market

  12. Scandal surrounding UK Olympics secretary will have little impact on the 2012 Games

    With or without him, the London Olympics will go on.Jeremy Hunt, the top U.K. government official in charge of the Olympics, is immersed in a political scandal on wh...

  1. May Day Protests Break Out Across Europe

    Author Clem Chambers on the financial future of the EU.

  2. Austerity programs are hurting our health, researchers say

    Austerity is having a devastating effect on health in Europe and North America, driving suicide, depression and infectious diseases and reducing access to medicines ...

  3. Should Economy Get Used to 8.2% Unemployment?

    Former Reagan Economic Advisor Art Laffer argues that the current unemployment rate can’t become the norm.

  4. Bad news piles up for Europe as UK recession deepens and bailout threat hovers over Spain

    Any hopes for recovery for Europe's faltering economies suffered a series of blows Wednesday following the latest round of bad news from the debt-ridden region.Offic...

  5. Britain to learn if it's back in recession

    Britain's Office for National Statistics is set to release its estimate of the country's economic growth — or lack of it — in the first quarter.The numbers are being...

  6. UK officially back in recession after 0.2 percent Q1 contraction

    Britain's economy has fallen back into recession for the first time since 2009 after official figures Wednesday showed that it unexpectedly contracted during the fir...

  7. Britain's economic forecaster says there's a chance of a slide back into recession

    LONDON (AP) — The head of Britain's new Treasury watchdog says he can't be sure the country won't slide back into recession.Alan Budd, the outgoing chief of the Offi...

‹ Prev12345…Next ›