Liverpool Chamber of Commerce chief executive Jack Stopforth has welcomed the decision by the Bank of England to inject a further £50bn into the economy today as the UK battles to stave off another recessionRead
THE Bank of England is making preparations to support UK banks in the event of a break-up of the eurozone, deputy governor Charlie Bean confirmed yesterday, describing the present state of the single currency area as a “worrying situation”.Read
THE UK’s economy will slow significantly as it is buffeted by the debt storms whipping the eurozone and US, the Bank of England will warn this week.Read
Inflation remained at a two-and-a-half-year high in May, official figures revealed today, as rising food, drink and fuel prices added to the squeeze on household spending.Read
LAST week’s Quarterly Inflation Report, published by the Bank of England, produced grim reading on the outlook for the UK economy, with two main themes emerging, of lower growth and higher inflation than was previously forecast.Read
MANUFACTURERS in the North West are urging the Bank of England to maintain its no change policy on interest rates this week amid falling consumer confidence and remaining downside risks to the economy in the near term.Read
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