By Carolyn Cohn and Jessica MortimerLONDON (Reuters UK) - The economic recession gripping Britain is likely to be as long and deep as the previous three major post-war downturns, Bank of England policymaker Andrew Sentance said on Tuesday.Speaking at a monetary policy and markets conference in London, Sentance said the...
LONDON AFP — Bank of England BoE rate-setters voted by 7-2 to keep British borrowing costs at 4.75 percent earlier this month, minutes of their most recent meeting have shown. The minutes revealed Wednesday that the majority of members of the central bank's nine-strong Monetary Policy Committee felt "no pressing...
