Keegy United States - england-governor - The death of wage inflation

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Having recently returned from a holiday on the other side of the world I find it remarkable how fast the debate on inflation and interest rates has shifted. When I left a couple of weeks ago those of us who wrote that deflation was a real risk for the UK were still broadly derided and reg...

Bury

Telegraph Blogs — 3 days ago

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Finally - a man who tells it like it is about the economy

As Britain careers towards recession there is little doubt who is fast becoming the hero of UK economic policy. No, it's not Mervyn King, Bank of England Governor, nor, heaven forfend, Alistair Darling, or even Nouriel Roubini, the New York economist who saw it all coming. No, the man slowly be...

Bury

Telegraph Blogs — October 29

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Food sales suffer record fall

Food sales have seen their largest fall for 20 years as British shoppers cut back on their spending amid rising unemployment and fears of recession.Official figures today are expected to confirm that the economy shrank in the third quarter of the year for the first time since the recession of the...

Bury

Guardian Unlimited — October 23

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Dollar continues to rise on deteriorating global economy and concern about financial

The Dollar climbed to a two-year high against the Euro and a five-year peak against Sterling on Bank of England Governor Mervyn King remarks on Tuesday that the British economy was probably entering its first recession in 16 years. Fears of a global recession have US...read more ...

Bury

The News...w Public — October 23

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Recession alert sends pound to five-year low

The pound fell to its lowest level in five years against the dollar yesterday after Bank of England governor Mervyn King's warning that the economy was entering a recession caused a flight from sterling.At one point the pound fell to just above $1.62, a 19% drop from the $2 a pound would buy as r...

Bury

Guardian Unlimited — October 22

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