"Very weak UK GDP figures may add extra impetus for the MPC to ease policy further. After expanding the asset purchase program at the last meeting and following the ECB deposit rate cut, this may come in the form of a rate cut.
The Bank of England has two options available - one being an interest rate cut that will take the rate below 0.5 pct. There has been an increasing level of discussion over this option from analysts and media pundits; could the Bank surprise us with a ...
The British Pound Sterling has continued to lose value after figures published today showed that Britain's economy shrank far more than expected in the second quarter of 2012.
Exchange rate forecasts: How will British pound sterling react to the Olympic games? Details: Published on Wednesday, 25 July 2012 10:56: Written by Will Peters.
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