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Bank of England ‘forward guidance’: no rate rise until unemployment falls to 7%

Thursday, August 8th 2013 - 03:15 UTC
Full article 4 comments

The Bank of England's new Governor Mark Carney said the central bank will not consider raising its record low interest rate and stimuli until unemployment falls below 7%. Read full article

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  • The Truth PaTroll

    Escape velocity?

    pumped 375 billion pounds?

    weakest recovery on record?

    750.000 jobs needed just to crack 7%?

    Well, but at least we are not those argies... that's our consolation!!

    How the “mighty” have tumbled.

    Aug 08th, 2013 - 09:37 am - Link - Report abuse 0
  • brucey-babe

    @1 The Truth PaTroll (#)

    weakest recovery on record ?.....Which direction is your economy going ?

    750,000 jobs needed just to crack 7% ?.....0.8% = 750,000 jobs ? we`ll do it !.....Thank God we`re not Argies, that is a consolation !
    How the “mighty” have tumbled........We haven`t tumbled, a little trip maybe, but, if or when we tumble we will pick ourselves up, dust ourselves down, walk tall and pay our debts , unlike Argentina that go whinging to all and sundry about how the world has cheated you.

    Aug 08th, 2013 - 11:14 am - Link - Report abuse 0
  • ChrisR

    I have been a Conservative voter all my life until the last election and I did not vote as I was going to Uruguay within one month and felt it inappropriate to vote. I would NOT have voted conservative.

    Even John Major was more competent than Camoron and I said that as soon as he was elected Leader of the Conservatives and I hate being proved correct when the matter is so dear to my heart.

    The other no hoper and bestest mate of ‘Hug a hoodie Dave’ is the Osborne idiot who selected the new Governor.

    When the BoE is run by an ex director Goldman Sachs you know the country has given away its’ birthright.

    The UK has, in all meaningful measures, become a lackey of the EU whilst supporting it with GBP 53 Mn per day of mine and other taxpayers money and the appointment of this overpaid Canadian crook is a further slap in the face to us.

    Aug 08th, 2013 - 01:09 pm - Link - Report abuse 0
  • Fido Dido

    Ex Goldman Sachs clown and today “Governor”, Mark Carney made it clear: I continue to destroy the savers and pensioners in the UK to save my buddies: the zombie banksters.

    You can't save zombies, they are dead!!!

    “The UK has, in all meaningful measures, become a lackey of the EU whilst supporting it with GBP 53 Mn per day of mine and other taxpayers money and the appointment of this overpaid Canadian crook is a further slap in the face to us.”

    Muhahahaha!

    Aug 09th, 2013 - 11:41 am - Link - Report abuse 0
  • ChrisR

    @4 Fido Dildo

    At least I tell the truth.

    So, still in the USA on a visitor’s visa then, won’t your Spanish speaking girlfriend marry you? Ah, I think I see the problem (besides the fact she won’t marry you) she is an illegal as well!

    Bet you are out of the old Bitcoin con, eh? More and more countries declaring it illegal tender I see.

    Aug 09th, 2013 - 12:29 pm - Link - Report abuse 0

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