Cyprus bailout: debate postponed by parliament
Cyprus bailout: debate postponed by parliament. Under the terms of the 10 billion euro bailout, savers in Cyprus have to hand over up to 10% of their deposits.
Budget 2013 – a date for your diary
Chancellor George Osborne will deliver his 2013 budget to parliament on Wednesday 20 March 2013.
UK unemployed down by 14,000
UK unemployment fell in the three months to December 2012, while the number of people in work jumped to a new record.
Andrew Bailey appointed Bank of England deputy governor
Andrew Bailey will become a deputy governor of the Bank of England and chief executive of the bank’s new prudential regulation authority (PRA) from 1st April 2013.
Bank of England holds interest rates and refrains from further QE
The Bank of England has kept UK interest rates at 0.5% and announced no expansion to its quantitative easing (QE) programme.