Bank Of England

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Bruno Le Maire, France’s finance minister. Photograph: Christophe Morin/Bloomberg

G7 finance ministers will have the growing powers of big digital firms in their sights when they meet on Wednesday outside Paris despite divisions abo(...)

‘Swap a hurl for a cricket bat, the word “Brussels” for “Dublin”, and Boris Johnson would be right at home in a back bar in south Kerry, waging a derisory finger at “them up in Dublin” with one hand and knocking back a pint with the other.’ Photograph: Henry Nicholls/Reuters

“I’ve seen it over the years, the more intellectual they are, the more work they don’t want to do.” It reads like a Brexit rallying-cry, like when Mi(...)

Mark Carney, governor of the Bank of England. Photograph: Christophe Morin/Bloomberg

Ireland has been approached at the International Monetary Fund (IMF) to throw its support behind Mark Carney as the next head of the fund, as negotiat(...)

epa07710074 Workers sort packages in the new Amazon Sorting Warehouse in the Settecamini area of Rome, 11 July 2019. Reports state Amazon hopes to increase its logistics capacity and flexibility in Italy and ensure faster deliveries to clients. In addition the warehouse is hoped to provide better service for companies selling at Amazon as they benefit from distribution networks. The new sorting unit creates 70 new jobs and covers a space of 8000 square meters. EPA/RICCARDO ANTIMIANI

UK wages grew at the fastest pace in 11 years in the three months through May and unemployment remained at its lowest rate since the mid-1970s. Tota(...)

The latest official data  suggests that growth in the second quarter will tumble from the first quarter rate of 0.5 per cent close to zero. A recession is defined as two negative quarters

Britain is facing the highest risk of a damaging recession in 12 years and is ill-prepared to cope, the Resolution Foundation said on Sunday. UK rece(...)

US president Donald Trump arrives in Milwaukee, Wisconsin on Friday. US stocks edged higher and the dollar fell as hopes rose for an imminent interest rate cut. Photograph: Mandel Ngan/AFP/Getty Images

Markets ended the week on a cautious note, with European shares a mixed bag and the FTSE notching up its seventh day in the red. Disappointing data f(...)

Facebook’s proposed libra digital coin must show it is “rock solid” before it can be allowed to launch, Bank of England governor Mark Carney said. Photograph: Dado Ruvic/Reuters

Facebook’s proposed libra digital coin must show it is “rock solid” before it can be allowed to launch, Bank of England governor Mark Carney said on T(...)

Christine Lagarde will be formally appointed in October. Photograph: Erin Schaff/The New York Times

Christine Lagarde is set to be confirmed in October as the next president of the European Central Bank (ECB), after the region’s finance ministers for(...)

Brexit implications and house prices continue to be key topics of  market attention.

Monday Indicators: Irish vehicles licensed for the first time (Jun); German imports and exports (May), industrial production (May); US consumer infl(...)

Mark Carney: he has run the Bank of England since 2013, and is scheduled to leave at the end of January.  Photograph: Simon Dawson/Bloomberg

European governments are actively discussing nominating Bank of England governor Mark Carney as the next head of the International Monetary Fund, acco(...)

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