Monetary Policy

Announcements relating to monetary policy and from monetary authorities, central banks and reserve banks such as the Bank Of England

£158 million investment in e-infrastructure to power growth and innovation

UK scientists and businesses will have access to the most sophisticated technology keeping them at the cutting edge of research and development, as details of the Government’s multi-million pound e-infrastructure investment were announced today by David Willetts.
The investment includes £43 million for ARCHER, a new national supercomputer to support advanced research, such as complex chemistry [...]

Summary of UK Chancellor’s Autumn Statement 2011

The Chancellor has today delivered his autumn statement to Parliament, alongside the publication of the Office for Budget Responsibility’s updated forecasts for growth and borrowing. He announced permanent reductions in spending to ensure that the UK meets its fiscal targets, using some of those savings in the short term to fund infrastructure investment to generate [...]

UK Budget 2010 - Measures For Supporting Business and Growth

The UK Treasury has released further information following the Chancellor’s Budget Statement (Wednesday March 24th 2010). The following is an excerpt from the notice that outlines the particular measures for supporting business and growth.

The Government took decisive action to support the economy during the financial crisis and its aftermath. As the UK emerges from [...]

Quantitative Easing - Bank of England Increases Size of Asset Purchase Programme by £50 Billion to £125 Billion and Maintains Bank Rate at 0.5%

The Bank of England’s Monetary Policy Committee today voted to maintain the official Bank Rate paid on commercial bank reserves at 0.5%. The Committee also voted to continue with its programme of asset purchases financed by the issuance of central bank reserves and to increase its size by £50 billion to a total of £125 [...]

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  • WBNews: Wall Street update 03 Feb 2012 February 3, 2012
    Wall Street celebrates as unemployment in the United States falls to its lowest for almost three years. The surprise drop in the US unemployment rate has pushed the Dow share index in New York to its highest level since May 2008, four months before Lehman Brothers went bankrupt.

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  • GlobalBiz: The Road Ahead For Electrical Engines? 04 Feb 12 February 4, 2012
    Alexander Schey is just 26, and in the garage of a fairly ordinary house in west London where he, and a few other fellow London students, built a battery powered electric car. Then, to raise awareness of their new battery management system, they drove along 25-thousand kilometres of the Pan American Highway. But this was more than just an elaborate student […]
  • GlobalBiz: Do It Yourself Jobs: 28 Jan 12 January 28, 2012
    If times are hard, why not set up your own business rather than try to find a job somewhere else? Peter Day hears from young entrepreneurs who think that one way of beating recession is to start from scratch. Producer: Caroline Bayley Editor: Stephen Chilcott

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