George Osborne has vowed to stay the course and deliver the Government’s ?110bn of austerity measures, despite claims he is “in total denial” over the economy’s failure to gather momentum. Read More Chancellor vows no compromise on cuts despite weak growth
Posted in FX News | Tagged chancellor, compromise, cuts, despite, growth, no, on, vows, weak
George Osborne is to back Christine Lagarde to be the new head of the International Monetary Fund despite fears of a backlash from emerging nations which do not want another European as the head of the fund. Read More British Chancellor backs Christine Lagarde to lead IMF
Posted in FX News | Tagged backs, british, chancellor, christine, imf, lagarde, lead, to
Question. Who is more important: the Chancellor of the Exchequer or the Governor of the Bank of England? British Airways appears to have the definitive answer – it’s the Governor. Read More Why a King outranks a Chancellor when flying British Airways
Posted in FX News | Tagged a, airways, british, chancellor, flying, king, outranks, when, why
Preserving Europe’s single currency is vital for peace on the continent, German Chancellor Angela Merkel has claimed, and said pay cuts, pension reforms and austerity drives are preferable to an EMU break-up. Read More Davos WEF 2011 Austerity preferable to euro breakup, says German Chancellor Angela Merkel
Posted in FX News | Tagged 2011, angela, austerity, breakup, chancellor, davos, euro, german, merkel, preferable, says, to, wef
Alistair Darling has given his clearest indication that the Budget next month will be a “soak-the-rich” affair, targeting the wealthy while slashing the deficit. Read More Rich to bear the cost as Chancellor pledges March Budget focused on growth
Posted in FX News | Tagged as, bear, budget, chancellor, cost, focused, growth, march, on, pledges, rich, the, to
Clever chap that Lewis Carroll. Fancy writing a book all those years ago that so perfectly captures the workings of our Chancellor’s mind: Alistair’s Adventures in Wonderland. Read More Lookingglass Chancellor cannot admit to the cuts around the corner
Posted in FX News | Tagged admit, around, cannot, chancellor, corner, cuts, lookingglass, the, to