Faisal Islam
Osborne peers over the edge of Britain’s fiscal trench
It could have been a lot worse for George Osborne in the autumn statement, as Britain faces losing its coveted triple-AAA credit status.
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The alternative autumn statement
As Chancellor George Osborne delivers his autumn statement on the economy and spending, we gather some alternative suggestions on to how to tackle the country’s fiscal woes.
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Faisal Islam
After the Carney-val, a less independent Bank of England?
As Mark Carney takes the reins at the Bank of England, Economics Editor Faisal Islam looks at the politics behind his surprise appointment.
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Mark Carney becomes new Bank of England governor
Mark Carney, the current governor of the Bank of Canada, is announced as the surprise replacement for the governor of the Bank of England, Sir Mervyn King.
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Mark Carney: why I’m the man for the Bank of England
New Bank of England Governor Mark Carney says he brings experience to the job and hopes to play a constructive role in rebalancing the UK economy.
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Faisal Islam
Ten golden quotes from Sir Mervyn King
Sir Mervyn King’s latest inflation report yields a crop of golden quotes about the state of the UK’s economy, according to Economics Editor Faisal Islam.
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‘Long and winding’ UK recovery, warns Mervyn King
The Bank of England governor unveils new forecasts which show both weaker economic growth and higher inflation compared to previous predictions from the bank.
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Inflation takes surprise leap to 2.7 per cent
A rise in university tuition fees and soaring food costs are blamed for the shock rise in UK inflation to a five-month high of 2.7 per cent.
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Osborne: economy healing but long way to go
As official figures show that the British economy grew by 1 per cent in the three months to September, George Osborne tells Faisal Islam it is good news but there is a long way to go.
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Faisal Islam
After 20 years, time to change Merv’s medicine?
As the Bank of England’s governor tells the government it can ease off the inflation target, Economics Editor Faisal Islan asks whether it’s the right direction to go.
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Cards rejected in Lloyds Banking Group glitch
Scores of Halifax and Lloyds TSB customers have their cards rejected and been left unable to use some ATMs across the country.
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Cable unveils business bank to boost lending
A new “business bank” will be handed £1bn of taxpayers’ money in a bid to kick-start lending to small and medium-sized British firms, Business Secretary Vince Cable announces.
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What’s on Sir Mervyn’s mind?
When Jon Snow interviewed Sir Mervyn King last night words like “banks” “economy” and “money” were unsurprisingly regularly used – but what else was on the Governor’s mind?
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Increased borrowing threatens debt goal
A day after the central bank governor tells Channel 4 News it is acceptable for Britain to miss its debt target, new figures show government borrowing rising to a record high for August.
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Faisal Islam
The governor’s green light
Sir Mervyn King offers green lights to George Osborne, but promises no green shoots to the rest of us. Faisal Islam dissects the Bank of England governor’s comments in Thursday’s live interview.
