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ECB sanctions extra funds for Greek banks

Business & Finance : Business Report

European Central Bank policymakers have sanctioned further emergency funding for Greece's banks, according to a source. ||| Frankfurt - European Central Bank policymakers have sanctioned further emergency funding for Greece's banks,...

Sterling falls versus US dollar

Business & Finance : Business Report

Sterling fell against the dollar before a Bank of England policy announcement. ||| London - Sterling fell against the dollar on Thursday before a Bank of England policy announcement when it may reaffirm a commitment to low interest ...

Sterling dips after inflation falls

Business & Finance : Business Report

Sterling fell further from a four-year high versus the dollar and gilts rose after UK inflation dropped below the Bank of England's target. ||| London - Sterling fell further from a four-year high versus the dollar and gilts rose on...

‘Sterling seen “properly valued’

Business & Finance : Business Report

Bank of England Governor Mervyn King said that the central bank was not seeking any further fall in the level of sterling which now appeared to be fairly valued. ||| London - Bank of England Governor Mervyn King said on Thursday tha...

Bank of England still divided

Business & Finance : Business Report

Bank of England policymakers acknowledged earlier this month that further market volatility could be on the way. ||| London - Bank of England policymakers acknowledged earlier this month that further market volatility could be on th...

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