Mark Carney, who takes over from Sir Mervyn King in July, compared the UK with basket case countries in the eurozone in a brutal assessment of the economic outlook.
(1 month ago)
Beggars can't be choosers, and George Osborne - under attack on virtually all sides - must gladly seize on whatever support he can find.
(2 months and 23 days ago)
Scottish finance secretary tells chancellor to 'grow up' after he pours cold water on SNP's plans to retain pound sterlingGeorge Osborne has stepped up the Treasury's attacks on Scottish independence by warning it is "unlikely" the UK would agree to a sterling currency union that could threaten the economy.In a blunt assault on Alex Salmond's proposals for a new sterling...
(27 days ago)
The European Commission says the eurozone economy will shrink in 2013, after previously predicting slight growth.
(2 months and 29 days ago)
While the chancellor will be cheered by the latest retail sales and public finances data, news from the eurozone will hit the UK hardNapoleon always said he wanted lucky generals, and by that token David Cameron chose the wrong man in George Osborne. Even when the chancellor received some desperately needed good news – as he did on the day after the budget – it came with a...
(2 months and 1 day ago)
Chancellor George Osborne will be outnumbered in Brussels today as he tries to water down Europe's new clampdown on City payGraeme Wearden
(2 months and 18 days ago)
The ailing eurozone economy will shrink further in 2013, making it harder still for governments to reduce borrowing and promising further misery for millions of unemployed.
(2 months and 28 days ago)
The economy is healing slowly, the tough decisions we have taken together as a country are beginning to pay off – and in me, you have a Chancellor who is going to stick to the course we have set out, writes GEORGE OSBORNE.
(2 days ago)
George Osborne's austerity programme faces a major challenge today when a team from the International Monetary Fund (IMF) arrives in Britain to conduct its annual "health check" on the economy.
(13 days ago)
WASHINGTON -- The Eurozone economy contracted at a 0.2% annual rate in the first three months of the year, marking the region's longest recession since its single currency was created in 1999.
(5 days ago)
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