Faisal Islam
The Great Stagnation is here
Economics Editor Faisal Islam on why anaemic growth may be the way of the future for the UK economy.
Search results for ‘Sir Mervyn King’
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Faisal Islam
The question for 2011: what price keeping HSBC & Standard Chartered headquartered in Britain?
Faisal Islam assesses what the true cost will be if major banking institutions start to flee UK shores.
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Price rise in food and clothes blamed for inflation increase
A record surge in food and clothing costs has driven up inflation for November, as Gary Gibbon writes that parts of the government are still looking at the potential for a “double-dip” recession.
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Faisal Islam
Regulatory developments as the Bank takes control
The Bank of England Governor tonight confirmed that Hector Sants, the chief executive of the Financial Services Authority, has been persuaded to stay in office. “I am absolutely delighted that Hector Sants has agreed to remain at the FSA and then move to the Bank to become the first chief executive of the new prudential…
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Faisal Islam
The Bank is now in charge
The Bank of England will tonight become the most powerful institution in Britain. To understand what is to happen at tonight’s Mansion House speech, you have to go back a year to last year’s Mansion House event. Then, with the recession and the financial crisis still raging, the Governor of the Bank of England and…
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Faisal Islam
What to watch out for from the new government
On the first full day of the new Conservative-Liberal Democrat government, Faisal Islam blogs that this is a hugely important 24 hours for economic policy.
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Faisal Islam
Covert bank loans revealed
Channel 4 News Economics correspondent Faisal Islam examines the news that the Bank of England loand more than £60bn to RBS and HBoS in secret.
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Back to bank bonuses: crisis survivors
America’s banks rake in bumper profits just six months after they were on the ropes, begging for government bailouts. Faisal Islam went to the US to find out what the legacy of the banking crisis is.
