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Hetal Mehta

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Services boom is a quandary for the Bank of England

04.11.09
Britain moved a step closer to the end of recession today as the Bank of England grappled with how to secure a lasting recovery... more

Government borrowing surge costs us £63m a day

20.10.09
Government borrowing ballooned to nearly £80 billion in the first six months of the year — a staggering £425 million a day ... more

Mortgage lending up but recovery is fragile

14.09.09
The housing market made further steps towards recovery after mortgage lending showed its first annual increase since early 2007... more

London’s back in business as activity hits 18-month high

14.09.09
London looks to have put the worst of the Lehman Brothers crisis behind it just a year after the collapse of the investment bank... more

Bank’s £50bn promise puts pound into a nosedive

06.08.09
Sterling tumbled after the Bank of England pledged to pump another £50 billion into the economy to shore up signs of a fragile recovery. ... more

It's lift-off for gilts as Bank fires up a £75bn rush to buy

05.03.09
The price of Government bonds soared as the Bank of England said it would wade into the gilts market, buying up as much as £75 billion of paper to unlock credit markets by improving the liquidity of a range of financial institutions... more

‘Sterling is finished’ claim after 6-cent slump

20.01.09
Economics: The pound has crashed to its lowest levels since 2001 — down a staggering six cents, below $1.40 — as one of the world’s leading investors declared: “Sterling is finished.”... more

'150,000 London jobs to go this year'

13.01.09
A savage downturn in the London economy will destroy almost 150,000 jobs in the capital this year, according to a new forecast... more

Pound dives to another record low against euro

18.12.08
Sterling sank like a stone as the world gave its verdict on the deterioration of the UK economy and the Government’s finances... more

City experts say base rate should be cut to 1.5 per cent

03.12.08
Pressure is growing on the Bank of England to halve its base rate to an unprecedented 1.5 per cent, following more grim economic news... more

Pressure on for big rate cut as slump gets worse

05.11.08
Bank of England urged to slash interest rates as the UK economy sinks deeper into recession... more

Economy 'on brink of recession'

25.07.08
Leading City forecasters have warned the country is on the verge of recession as the credit crunch takes its toll on consumer spending... more

Recession warning as growth rate dives

25.07.08
The country is plunging into recession, economists have warned as the latest official statistics revealed the economy is juddering to a halt... more

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