The Daily Banter headline grab (from the Independent): The Bank of England today appeared to rule out an early cut in interest rates to boost the flagging economy despite slashing its growth forecasts for this year to zero. In its quarterly inflation report, the Bank admitted ...read more

(Bank of England) Britain woke up to the following news today: Sir Mervyn King expressed fears that Britain is in the grip of the world's worst ever financial crisis after the Bank of England announced it was injecting £75bn into the ailing economy. The Bank's governor said the ...read more