Media ID: 55378004
Caption:
Some British sterling money in coins and bank notes is seen September 2, 2005. REUTERS/Catherine Benson
by Asharq Al-Awsat English | Jul 4, 2017 | Business
Sterling extended losses for a second consecutive day on Tuesday after a survey of Britain’s construction sector showed growth cooling in June, adding to signs that the economy might be struggling to gain momentum after a slow start to the year. The pound, which...
Media ID: 55371374
Caption:
The Bank of England is seen in the City of London August 7, 2013. REUTERS/Toby Melville
by Ahmad Al-Ghamrawi | Apr 11, 2017 | Business
Cairo – Amid the tough times Britain has to face, British Broadcasting Company (BBC) published secret recording that implicates the Bank of England (BoE) in Libor rigging. The recordings date back to 2008 and show that the central bank pressured commercial banks...