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Bank of England (BoE)

Prime candidate for Bank of England hot seat

ARTICLE - In all the turmoil over a momentous weekend, a valuable contribution to City gossip is in danger of being overlooked. The esteemed City chronicler, Christopher Fildes, reminded us in his Spectator column last week that the next big job vacancy…

Global econ slowdown at or near bottom

SWITZERLAND - While the global economy remains in a slump, conditions at least appear to have stabilized, suggesting that the slowdown is at or near its turning point, Bank of England Governor Eddie George said Monday 10 Sep after a regular meeting of…

Speech by Stephen Nickell of the Bank of England

SPEECH - Speech by Stephen Nickell, Member of the Monetary Policy Committee of the Bank of England and Glenda Quintini, Credit Suisse First Boston, to the economics section of the British Association for the Advancement of Science, Glasgow, 4 September.

World Bank to borrow gold

UK - The World Bank is set to issue its first gold bond, according to informed sources in London. The bond is aimed to attract investment from central banks, notably in emerging markets. The agents are Goldman Sachs/J. Aron, the big US investment bank (J…

Bank split over rate cut

UK - The Bank of England's surprise cut in interest rates earlier this month on 2 August was approved by a six-to-three majority, minutes from the rate-setting meeting have revealed.

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