Tag Archives: Bank of England

New Bank of England governor comes from Bank of Canada

The new Bank of England governor was announced today by the UK Chancellor of the Exchequer George Osborne. Current Bank of Canada governor, Mark Carney is to take on the new post at the UK’s central bank in July 2013. Carney has several big financial roles already under his belt. For over a decade he was a banker at Goldman Sachs in London, then at the Canadian finance department and...

Continue reading...

November 26, 2012 @ 8:14 pm

1 Comment

New Bank of England governor comes from Bank of Canada

The new Bank of England governor was announced today by the UK Chancellor of the Exchequer George Osborne. Current Bank of Canada governor, Mark Carney is to take on the new post at the UK’s central bank in July 2013. Carney has several big financial roles already under his belt. For over a decade he was a banker at Goldman Sachs in London, then at the Canadian finance department and finally...

Continue reading...

November 26, 2012 @ 8:14 pm

1 Comment

Pound strengthens after UK shows growth in third quarter

Sterling reacted positively to UK data that showed the country was out of the recession in the third quarter of 2012. The pound jumped 0.4 percent against the dollar to hit a new one week high. The Gross Domestic Product report released by the Office of National Statistics indicated a jump by 1 percent in the three months from July to September. This was the strongest growth in the UK...

Continue reading...

October 25, 2012 @ 9:31 am

0 Comments

Pound strengthens after UK shows growth in third quarter

Sterling reacted positively to UK data that showed the country was out of the recession in the third quarter of 2012. The pound jumped 0.4 percent against the dollar to hit a new one week high. The Gross Domestic Product report released by the Office of National Statistics indicated a jump by 1 percent in the three months from July to September. This was the strongest growth in the UK economy...

Continue reading...

October 25, 2012 @ 9:31 am

0 Comments