The Old Lady still sitting on her hands

The Bank of England's MPC left both interest rates and the asset purchase facility (QE) unchanged following yesterday's meeting, as universally expected. Indeed, the very neutral tone of the latest ...

Sterling will be strongest major currency in 2011

The prediction came as Barcap, the securities arm of the retail bank, also used its 2011 outlook to predict that stock markets will outperform government bonds and that the US ...