• Registered Users :
  • 163479
  • Current Active Users :
  • 103749

News ECONOMY

  • Mar 06, 2013
  • Mark Carney could be handed powers to spur economy

    Treasury officials are discussing proposals to change the inflation–targeting remit of the Bank of England and hand more powers to Mark Carney when he becomes Governor this summer.Last month, the Treasury set up a unit to explore changes to the Bank's remit amid mounting political pressure for action to boost economic growth. The Chancellor renews the remit of the Bank each March at the Budget.

    Source - http://www.telegraph.co.uk