That letter: Mark Carney writes to the chancellor
Exclusive: as inflation drops to 0.5 per cent, we reveal the contents of Bank of England Governor Mark Carney’s explanatory letter to the chancellor (as imagined by Paul Mason).
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Exclusive: as inflation drops to 0.5 per cent, we reveal the contents of Bank of England Governor Mark Carney’s explanatory letter to the chancellor (as imagined by Paul Mason).
Deutsche Bank’s warning over an independent Scotland’s finances is all over the headlines. How seriously should we take it?
The shutdown at Mt. Gox has spread alarm across the bitcoin community, with speculation that problems at such a major exchange could spell the end for the digital currency but is this the case?
Davos Man is trying to put behind him some six years of financial fear. Doom Davos and Deleveraging Davos have been replaced by Dealmaking Davos. The dust is settling.
Barclays is cooperating with regulators reviewing alleged manipulation of currency rates as it reports profits from its investment banking arm fell by half in the third quarter.
It is crisis governance with the entire American economy at stake. Republicans are threatening to shut down the US government at midnight tonight in a battle over Obama’s flagship healthcare law.
JP Morgan is punished for a failure of oversight, after a British employee known as the London Whale was allowed to make risky bets for years, and cover up the losses.
George Osborne denies that the government’s sale of 6 per cent of its shares in Lloyds has actually led to a loss for the British taxpayer.
The new Bank of England governor’s pledge to keep interest rates low until unemployment falls is a big innovation – and a signal to the British public to spend, writes Economics Editor Faisal Islam.
Mark Carney, the incoming governor of the Bank of England, is widely praised. So how good a job has he done in his five years in charge of Canada’s central bank?
Quantitative easing has been the emergency medicine keeping economies afloat, but does the fall of the Japanese stock market foreshadow what happens when it ends?
Share prices in Japan slide more than 7 per cent in their worst single day losses for more than two years – triggering slumps in markets around the world.
A “flash crash” hits the digital currency recently hailed as an alternative to crisis-hit global economies. So has the bitcoin bubble burst so soon?
On the markets, it’s all about junk bonds in the race to make a quick buck. But isn’t this the market that has just experienced the worst financial meltdown in memory?
It is a looming deadline which will trigger sweeping tax hikes for most Americans and deep spending cuts, possibly plunging the country into another recession. We sort out the facts – and the figures.