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Mervyn King will weigh in on Scottish independence – but not yet
Bank of England Governor Mervyn King remains tight lipped over the prospect of becoming the lender of last resort to an independent Scotland.
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With eurozone finance ministers discussing a second rescue package for indebted Greece, Channel 4 News analyses the terms of the deal.
Bank of England Governor Mervyn King remains tight lipped over the prospect of becoming the lender of last resort to an independent Scotland.
As the UK annual rate of inflation falls to 3.6 per cent, credit ratings agency Moody’s downgrades six European nations and warns that Britain’s AAA rating could be cut.
As Greek protesters take to the streets, PM Lucas Papademos urges his politicians to back the unpopular financial bailout or condemn the country to “uncontrolled economic chaos and social explosion”.
Taxing civil servants is one thing, but experts tell Channel 4 News that, if it is serious about tackling tax evasion, the UK should look to the US, which is waging “economic war” against Switzerland.
David Cameron is braced for a Tory eurosceptic backlash after dropping Britain’s opposition to the European Court of Justice (ECJ) being used to enforce a new fiscal compact for the eurozone.
The UK is probably in recession already, but the growth of the economy since the Oct 2010 spending review is just one tenth of government predictions at the time.
It is the Bank of England governor’s piercing assault on bankers that sticks in the mind from today’s important speech in Brighton. He doesnt quite join Occupy the City, but he does suggest that British capitalism’s very legitimacy is up for grabs if bankers go too far on pay.
As China’s sovereign wealth fund makes its first UK infrastructure investment, buying a stake in Thames Water, Channel 4 News looks at what the deal means for both countries.
As the number of unemployed rises to 2.68 million in the three months to November, the highest level in 17 years, an expert tells Channel 4 News that young people and over 50s are “bearing the brunt”.
Chancellor George Osborne says the UK should draw on and expand trade links with China, and has proposed developing the City of London as a hub for trade in the Chinese currency, the renminbi.
Don’t gamble on Scotland’s economy, say critics of independence but David Cameron will now meet the First Minister Alex Salmond to negotiate a referendum.
Ten questions to find out how well Scotland’s economy could survive if it won independence.
SNP leader Alex Salmond tells Channel 4 News that the bad debts of the part-nationalised Royal Bank of Scotland should remain with the Treasury in London even if Scotland votes for independence.
Who changed the world in 2011? This is how you voted: 1 Mohamed Bouazizi – 57% 2 People power – 26% 3 Occupy movement – 7% Who changed the world in 2011? Add your voice Check out who the Channel 4 News correspondents picked below – first up, Washington Correspondent Matt Frei. Below: Channel 4…