Monetary Policy

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

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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    The head of the US Federal Reserve, Ben Bernanke says banks must never again be allowed to become "too big to fail". Appearing before a US Congressional inquiry Mr Bernanke said new financial reforms would make government bailouts less likely in future. However, Doug Elliott, of the Brookings Institution think tank says there will always be times w […]

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  • InBiz: Hidden Depths: 02 Sept 10 September 2, 2010
    London-born Graham Hawkes is the man who has created a submersible vessel that flies through the deepest ocean like a plane. Peter Day reports from his workshop in California, where he wonders why space exploration makes decades of headlines while it is so hard to get backers for deep sea travel into a world no-one has ever seen. Producer: Sandra Kanthal E […]
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    Former Alliance and Leicester customers experience problems as their accounts transfer to Santander's IT system. Plus: websites charging for free services and taking out money abroad.