Economy

Economy

Carillion collapses

The contractor building the Midland Metropolitan Hospital goes into liquidation.

15 January 2018 · Source: Wikipedia

Economy

First rise in interest rates for a decade

Rates go up from 0.25 per cent to 0.5 per cent.

2 November 2017 · Source: Wikipedia

Economy

Pound plunges after Brexit vote

Sterling falls to a 31-year low against the dollar.

24 June 2016 · Source: Wikipedia

Economy

National Living Wage announced

Workers aged 25 and over will earn at least £7.20 an hour from next April.

8 July 2015 · Source: Wikipedia

Economy

Budget gives savers freedom over pensions

Retirees will no longer have to buy an annuity with their pension pots.

19 March 2014 · Source: Wikipedia

Economy

Mark Carney becomes Bank of England governor

The Canadian is the first foreigner to lead the Bank in its 319-year history.

1 July 2013 · Source: Wikipedia

Economy

Barclays fined £290m over Libor rigging

Traders asked colleagues to change rate submissions to help their positions.

28 June 2012 · Source: Wikipedia

Economy

Vickers report calls for a ring-fence around high street banks

Retail banking should be separated from riskier investment banking.

12 September 2011 · Source: Wikipedia

Economy

Emergency Budget raises VAT to 20 per cent

Most departments face cuts of 25 per cent as the coalition tackles the deficit.

22 June 2010 · Source: Wikipedia

Economy

Bank rate cut to 0.5 per cent

The Bank of England also starts creating money to buy bonds.

5 March 2009 · Source: Wikipedia