Gordon Brown

Give Wadhwani a longer run at Bank

FEATURE - Sushil Wadhwani has denied a stock market rumour that he asked Gordon Brown to keep his seat on the Bank of England's Monetary Policy Committee after his three-year term expires in May.

Early euro vote for UK in doubt

UK - Chancellor of the Exchequer, in the UK, Gordon Brown poured cold water yesterday on expectations the British government was leaning toward holding a referendum on joining the European single currency during the current parliament.

Blair and Brown set euro vote timetable

UK - Tony Blair and Gordon Brown have drawn up a timetable for a euro referendum and are preparing to make a judgment, probably next year, about whether to call one, reports the Financial Times in London, 27 June.

Brown rejects switching inflation target

In a keynote speech to the International Monetary Fund's international monetary and financialcommittee, attended by 24 finance ministers, UK Chancellor, Gordon Brown, rejected calls for the UK to adopt a 2% inflation target to fit in with the euro-area

G7 make little progress on debt relief

The Group of Seven rich countries failed to come up with any new ideas on debt relief for poor countries at a meeting on Feb 17, 2001 drawing fire from campaigners who had hoped for progress. In a communique released after their meeting, G7 finance…

BoE's George says may have to pen inflation letter

Bank of England Governor Sir Edward George said on Feb 17, 2001 it was possible inflation in Britain would stray a full point away from its target, meaning he would have to write to the government explaining why. UK inflation currently stands at its…

Diusenberg says UK euro tests are irrevelant

European Central Bank chief Wim Duisenberg today dismissed Gordon Brown's five economic tests for joining the single currency as irrelevant and insisted that Britain would have to join the European exchange rate mechanism for two years before adopting…

IMF warns Brown not to increase spending

The International Monetary Fund's report on the health of the UK economy, published yesterday by the Treasury, warned Gordon Brown, the UK Chancellor, that private spending needs to slow down before the economy can accommodate an increase in public…

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