Bank of England forgets stimulus and targets inflation in spite or recession

Thursday, May 10th 2012 - 20:08 UTC

Full article 13 comments

Bank of England policymakers on Thursday decided against pumping more cash into Britain's recession-hit economy, preferring to sit tight after a surprise spike in inflation. Read full article

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Marcos Alejandro
There’s no such thing as broken Britain, they’re just bloody broke in Britain.
May 10th, 2012 - 08:19 pm - Link - Report abuse 0
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reality check
@1 MA
WEll and that,s coming from somebody who resides in such a wealthy country as your good self. The envy of the civilised world and an inspiration to those less fortunate. A shining example to those who walk the corridors of international high finance. Of course lets not forget the International Society For the Betterment of Liars, frauds, muggers and cheats.
May 10th, 2012 - 08:31 pm - Link - Report abuse 0
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briton
silly billy

the only problem we have at the moment, is called [make your mind up time]
we tend to do things very slowly,.

we will get their, Just not yet lol.
May 10th, 2012 - 08:46 pm - Link - Report abuse 0
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BenC30
@1. I think Argentinians should be looking at themselves before commenting here....

Standard & Poor's (and the other Rating Agencies) tell some interesting information:
Argentina (B Rating)
Portugal (BB Rating)
Ireland/Italy/Spain (BBB+ Rating)
United Kingdom (AAA Rating)

So some of Europe's most broke countries still have a better credit rating than the 'allegedly all strong and powerful' Argentina. Hahaha
May 10th, 2012 - 08:54 pm - Link - Report abuse 0
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Marcos Alejandro
3 Briton “we tend to do things very slowly”

Tell them to hurry up! LOL
Cameroid, Cleggers and Gideon at the wheel for two years and not only is the economy not better, it's worse by a long way.
May 10th, 2012 - 09:03 pm - Link - Report abuse 0
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reality check
Oh, no it's true they are wealthier than this country and the average Argentinian has a better living standard than us. I read it on these pages, honest! One chap even said their national productivity was equivilant to that of Japan. Now that's something I never knew. Excuse me, I have to turn off my Argentinian television and put my Argentinian car away in the gargage, before going to bed and setting my Argentinian Radio alarm clock, for work tomorow.
May 10th, 2012 - 09:04 pm - Link - Report abuse 0
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briton
ha ha .
May 10th, 2012 - 09:05 pm - Link - Report abuse 0
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Marcos Alejandro
Things are so bad in UK that the Queen is sending Prince Charles to work for the first time in his life!

http://www.telegraph.co.uk/news/uknews/prince-charles/9257611/Prince-Charles-presents-the-BBC-weather-forecast.html
May 10th, 2012 - 09:35 pm - Link - Report abuse 0
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BenC30
@6. Thank you for bringing some good old British humour into your comment. I did chuckle. I don't think I have ever owned anything Argentinian before, probably because they don't produce anything that is of much use or that lasts long enough to use.

@8. Go stick your head back up CFK's ass, where you usually keep it. Prince Charles was visiting the BBC centre in Scotland, with the Duchess of Cornwall, and they had invited him to do the weather. Many I know found it rather funny, in a light hearted way, and it shows that the Royal Family has a good sense of humour. The only thing the world sees of CFK is when is getting her government to steal oil companies, when she says derogatory comments regarding the developed world and when she has some plastic changes to her face.
May 10th, 2012 - 10:43 pm - Link - Report abuse 0
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Malvinero1
@8. Go stick your head back up CFK's ass, where you usually keep it. Prince Charles was visiting the BBC centre in Scotland, with the Duchess of Cornwall, and they had invited him to do the weather. Many I
You are soo stupid mercedes...
May 10th, 2012 - 11:32 pm - Link - Report abuse 0
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Fido Dido
“pumping more cash into Britain's recession-hit economy”

Keep printing, and keep going with Austerity Measures.
May 11th, 2012 - 02:58 am - Link - Report abuse 0
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reality check
Inflation rate of 23.45%, nuff said.
May 11th, 2012 - 04:37 am - Link - Report abuse 0
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ChrisR
12 reality check

But my estimate of 30 - 35% by the end of July 2012 looks about right.

All the Argies (most of them gone now - but forgotten as well) tried to decry me as, well, you can imagine I am sure.

But I will say I was 'righter' than them :o) .
May 11th, 2012 - 04:17 pm - Link - Report abuse 0
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