Five types of Drachmail ‘tearing the eurozone apart’
I see five types of euro-related blackmail going on that will determine Greece’s fate in the eurozone. What might be called “Drachmail”.
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Ministers order an urgent review of the Libor bank rate after it emerged Barclays had tried to manipulate it. But Labour’s Ed Miliband calls for a full-scale independent inquiry into banking culture.
Plans for a multi-billion pound emergency bank funding scheme are the latest attempt to spark the UK’s economy – but will they work?
Why has the Bank of England decided against printing more money despite a recession in Britain, an intensification of the eurocrisis and advice from the IMF that now is the time to act?
Prime Minister David Cameron holds a top-level meeting at 10 Downing Street to discuss the deepening crisis in the eurozone as Spain’s financial woes increase.
I see five types of euro-related blackmail going on that will determine Greece’s fate in the eurozone. What might be called “Drachmail”.
Lower electricity and gas bills help drive down the overall rate of inflation to a 15-month low with the consumer prices index (CPI) rate dipping to 3.4 per cent.
As Goldman Sachs reveals that staff earned £8bn in pay and bonuses in 2011, anti-capitalist protesters lose their court battle to occupy land outside St Paul’s cathedral in London.
The entente is anything but cordiale as the Banque de France lays into the UK over its economic record.
Royal Bank of Scotland and Barclays are expected to set lower bonus payments for staff this year, Channel 4 News understands.
When David Cameron travels to Berlin to meet Chancellor Merkel, top of the agenda will be coaxing the European Central Bank in Frankfurt to act as last resort lender to the Eurozone’s troubled nations reports Economics Editor Faisal Islam.
As the Bank of England lowers its forecasts, an economist tells Channel 4 News Britain is unlikely to grow at all next year.
“In fact, the figures show that the UK economy has barely been out of recession over the last year and there is no clear evidence of a recent change in trend.”
The Bank of England resists further emergency action despite fears that the economy will go into reverse by the end of the year.
Ahead of a key meeting of European leaders, jitters spread globally that it may not be enough to solve the eurozone crisis. A stockbroker tells Channel 4 News the markets need clarification.
A horrible inflation number of 5.2 per cent, an RPI number of 5.6%. Inflation is at a 20 year high, eating into people’s living standards. The misery index too, that C4 News flagged up earlier in the year is now at a 19 year high. The response of Sir Mervyn King in a speech in…