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Forex News – Sterling gains after new Bank of England lending scheme

Posted on July 13, 2012 12:18 pm GMT

Sterling has been rallying sharply against  the dollar and the euro after the Bank of England announced its new lending plan that will boost credit by 80 billion pounds, in an effort to stimulate the sluggish UK economy. More and […]

Forex News – Bank of England governor King defends quantitative easing program

Posted on October 25, 2011 11:25 am GMT

Bank of England governor Mervyn King testified before the British Treasury Select Committee today in order to defend the central bank’s quantitative easing policy and the its decision to boost the asset purchase facility by £75bn.
Inflation in the UK has […]