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Philip Shaw RSS feedCity economists were back in the dock today after they wildly misjudged the depth of the recession.
http://www.thisislondon.co.uk/standard-business/article-23760226-city-economists-were-back-in-the-dock-today-after-they-wildly-misjudged-the-depth-of-the-recession.do
City economists were back in the dock today after they wildly misjudged the depth of the recession2009-10-23T12:11:48ZCity economists get it wrong as the recession drags on
http://www.thisislondon.co.uk/standard-business/article-23760227-city-economists-were-back-in-the-dock-today-after-they-wildly-misjudged-the-depth-of-the-recession.do
City economists are back in the dock after they wildly misjudged the depth of the recession2009-10-23T12:11:50ZGovernment borrowing surge costs us £63m a day
http://www.thisislondon.co.uk/standard-business/article-23758676-government-borrowing-of-pound-80bn-costs-us-pound-63m-a-day.do
Government borrowing ballooned to nearly £80 billion in the first six months of the year — a staggering £425 million a day2009-10-20T11:49:55ZSurprise fall in unemployment
http://www.thisislondon.co.uk/standard/article-23756386-jobless-total-continues-rise.do
2009-10-14T09:11:38ZDismal figures batter sterling
http://www.thisislondon.co.uk/standard-business/article-23753069-dismal-figures-batter-sterling.do
Sterling was hammered by a slump in factory output which cast fresh doubt over the economy’s health2009-10-06T11:31:56ZBank summons boffins for urgent talks about QE
http://www.thisislondon.co.uk/standard-business/article-23749871-bank-summons-boffins-for-urgent-talks-about-qe.do
The City’s leading economists were hauled into the Bank of England this morning for a detailed question and answer session on its quantitative easing programme, otherwise known as printing money2009-09-29T07:44:01ZCity doubts Bank of England money-printing plan is working
http://www.thisislondon.co.uk/standard-business/article-23750142-city-doubts-bank-money-printing-plan-is-working.do
The amount of money moving around the economy is way behind the targets set by the Bank of England, indicating the Old Lady’s high-profile policy of quantiative easing is as yet failing to work2009-09-29T12:53:14ZEconomy gets boost from rise in mortgage lending
http://www.thisislondon.co.uk/standard-business/article-23730887-economy-gets-boost-from-rise-in-mortgage-lending.do
Britain's economic recovery received several boosts with news of a jump in mortgage approvals, share prices moving towards their best levels for 10 months and Jaguar Land Rover announcing that it no longer needed a bail-out2009-08-11T13:45:26ZCity 'experts' are left looking foolish by huge dive
http://www.thisislondon.co.uk/standard-business/article-23724013-city-experts-are-left-looking-foolish-by-huge-dive.do
City economists scrambling to rewrite forecasts for the year after a shocking decline in second-quarter output that none of them managed to predict2009-07-24T13:55:01ZEconomy is struggling back to health on factories’ output rise
http://www.thisislondon.co.uk/standard-business/article-23714285-economy-is-struggling-back-to-health-on-factories-output-rise.do
The economy showed further signs of life as manufacturers put the worst of the recession behind them and the City bet interest rates will remain at record lows for another year2009-07-01T12:36:10ZCar sales still plummeting despite scrappage handout
http://www.thisislondon.co.uk/standard-business/article-23703716-car-sales-still-plummeting-despite-scrappage-handout.do
Car sales remain in crisis despite the Chancellor's attempt to kick-start the market with a £2000 scrappage bribe2009-06-04T13:40:09ZMortgages boost eases business loans gloom
http://www.thisislondon.co.uk/standard-business/article-23702598-mortgages-boost-eases-business-loans-gloom.do
Mortgage approvals rose again in April but lending to businesses fell by almost £5 billion as firms continued to feel the squeeze2009-06-02T12:29:31ZBank pressured to print more money as new cash is hoarded
http://www.thisislondon.co.uk/standard-business/article-23684584-bank-pressured-to-print-more-money-as-new-cash-is-hoarded.do
The Bank of England was under pressure to print more money amid signs that its quantitative easing programme is not yet working2009-05-01T12:09:07ZBank of England set to hold interest rates
http://www.thisislondon.co.uk/standard-business/article-23672985-bank-of-england-set-to-hold-interest-rates.do
The Bank of England looks set to hold interest rates steady this week for the first time since September, as it continues its £75 billion asset-buying programme to get the economy out of recession2009-04-07T15:16:36ZSnow deters shoppers as UK retail sales plunge in February
http://www.thisislondon.co.uk/standard-business/article-23667372-snow-deters-shoppers-as-uk-retail-sales-plunge-in-february.do
British retail sales plunged in February, posting the lowest annual growth rate in more than four years, as heavy snowy and economic gloom kept consumers away from the shops, official data showed2009-03-26T11:23:56ZInflation goes down to 3 per cent but it's not good news for Britain
http://www.thisislondon.co.uk/standard/article-23644720-inflation-goes-down-to-3-per-cent-but-its-not-good-news-for-britain.do
Britain is braced for a dangerous bout of deflation after living costs barely increased last month2009-02-17T09:51:37ZLibor rises for first time in three months
http://www.thisislondon.co.uk/standard-business/article-23630504-libor-rises-for-first-time-in-three-months.do
<strong>Banking: </strong> The interest rate at which banks lend to each other has edged higher for the first time since the Government bailed out the British banking system more than three months ago2009-01-28T14:15:51ZBrown in final gamble: to print money
http://www.thisislondon.co.uk/standard/article-23613785-brown-in-final-gamble-to-print-money.do
The Government may resort to printing extra money if interest rates keep falling2009-01-07T14:34:30ZBank faces calls to cut full percentage point
http://www.thisislondon.co.uk/standard-business/article-23612596-bank-faces-calls-to-cut-full-percentage-point.do
<strong>Economy: </strong> Pressure mounts on the Bank of England to cut interests rates by a full one percentage point when its monetary policy committee concludes its meeting on Thursday2009-01-06T14:44:16ZPound could soon be worth just one euro
http://www.thisislondon.co.uk/standard/article-23597892-pound-could-soon-be-worth-just-one-euro.do
Sterling was on course for its worst week ever against the European single currency, raising the prospect of a one pound euro.2008-12-05T14:48:51ZShock in the City as UK economy falls off a cliff
http://www.thisislondon.co.uk/standard/article-23577841-shock-in-the-city-as-uk-economy-falls-off-a-cliff.do
City analysts warned that Britain could be facing a severe recession as ¡°truly dire¡± official figures revealed that the economy is contracting much faster than expected2008-10-24T12:59:06ZRecession pressure on Bank to slash the rate
http://www.thisislondon.co.uk/standard/article-23563400-recession-pressure-on-bank-to-slash-the-rate.do
A half-point cut in interest rates is on the cards as Britain plunges into recession2008-10-03T13:05:51ZHeadache over rates as inflation hits highest since 1992
http://www.thisislondon.co.uk/standard-business/article-23531248-headache-over-rates-as-inflation-hits-highest-since-1992.do
The Bank of England was today given a splitting headache after inflation soared to a shocking 4.4%2008-08-12T13:33:49ZEnd is seen to US round of rate cuts
http://www.thisislondon.co.uk/standard-business/article-23499570-end-is-seen-to-us-round-of-rate-cuts.do
The US Federal Reserve was set to abandon its aggressive rate-cutting stance amid growing concerns over rising inflation2008-06-25T10:41:07ZSlowdown fears pile up but Bank keeps rates at 5%
http://www.thisislondon.co.uk/standard-business/article-23490973-slowdown-fears-pile-up-but-bank-keeps-rates-at-5.do
Bank of England left interest rates unchanged despite fears of a vicious slowdown in the economy2008-06-05T15:50:39ZSlowdown fears pile up but Bank keeps rates at 5%
http://www.thisislondon.co.uk/standard-business/article-23490974-slowdown-fears-pile-up-but-bank-keeps-rates-at-5.do
Bank of England left interest rates unchanged despite fears of a vicious slowdown in the economy2008-06-05T15:50:43ZPrice fears hold Bank back from a rate cut
http://www.thisislondon.co.uk/standard-business/article-23483164-price-fears-hold-bank-back-from-a-rate-cut.do
The Bank of England resisted calls to make its first back-to-back cut in interest rates in nearly seven years as the threat of rising inflation persisted2008-05-08T13:33:32ZCity greets Bank help but warns on housing
http://www.thisislondon.co.uk/standard-business/article-23479550-city-greets-bank-help-but-warns-on-housing.do
The City welcomes the BoE's £50bn funding package - but warns there is no magic cure for the housing market2008-04-21T14:34:02ZGrab a mortgage while you can, brokers urge
http://www.thisislondon.co.uk/standard/article-23474596-grab-a-mortgage-while-you-can-brokers-urge.do
Homeowners are being urged to grab whatever mortgages they can as lenders continue to scrap deals2008-04-04T13:29:13ZBorrowers told to act fast over mortgages
http://www.thisislondon.co.uk/standard-business/article-23474268-borrowers-told-to-act-fast-over-mortgages.do
Mortgage brokers are urging homeowners to grab new loan deals now before they are scrapped2008-04-04T10:10:06Z