By Reuters
Uncertainty in the euro zone will continue for the next few years, acting as a drag on the UK economy, Bank of England policy maker Spencer Dale was quoted as saying in a newspaper on Sunday. (6:14 am)
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BANK OF ENGLAND
By Easy Forex
The euro (EUR) dropped to a two year low falling to 1.2515 from 1.2619 against the US dollar as uncertainty in the market grows. The single currency is under pressure as investors are worried about a problematic banking sector in the eurozone and a messy Greek exit from the euro. Economic figures . (May 25)
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GOLD, FTSE, S&P, GERMANY, MANUFACTURING, BANK OF ENGLAND
By Reuters UK
Bank of England policymaker David Miles said on Thursday that he believed that conducting quantitative easing via gilt purchases was still the best way for the central bank to stimulate the economy, rejecting calls to buy other assets. (May 24)
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GDP, BANK OF ENGLAND, INTERNATIONAL MONETARY FUND
By Reuters UK
A slump in construction output drove Britain even deeper into recession than initially thought in the first quarter of this year, raising the chance the Bank of England will inject more cash to prop up the faltering economy. (May 24)
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IMF, HSBC, GDP, BANK OF ENGLAND, INTERNATIONAL MONETARY FUND, MORTGAGE
By Reuters UK
Britain fell deeper into recession than first thought in the first quarter of this year after a sharp drop in construction output, raising the likelihood the Bank will need to inject more stimulus to protect the economy from the raging euro zone debt crisis. (May 24)
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IMF, GDP, INTERNATIONAL MONETARY FUND, MORTGAGE, INVESTMENT
By Reuters UK
Economy shrank more than first thought between January and March, after the deepest fall in construction output in three years, while government spending made the biggest contribution to growth, official data showed on Thursday. (May 24)
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IMF, GDP, INTERNATIONAL MONETARY FUND, INVESTMENT
By DailyFX
The Euro bounced back from a fresh yearly low of 1.2614 amid the renewed effort to address the sovereign debt crisis, but the threat of a Greek exit may continue to drag on the single currency as European policy makers continue to move in their own interest. (May 23)
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TWITTER, BANK OF ENGLAND, EUROPEAN CENTRAL BANK, MANAGEMENT