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A “new normal” interest rate of 2.5% could be in place by 2017, the governor of the Bank of England has indicated. Mark Carney told the Today programme that the “old normal” of 5% rates was a thing of the past, but reiterated his view that a rise from the historic low rate of of 0.5% needed to be “gradual” and “limited”....
Mark Carney indicated that the fallout from the financial crisis meant a return to 5% interest rates was unrealistic. "When we get back to normal - what I’m telli...
Treasury press release Chancellor uses trade trip to Brazil to hail further finance support to back British exporters At the start of a three day trade trip to...
Speech by Chancellor George Osborne in Rio de Janeiro - Britain and Brazil as partners Thank you for inviting me here today. It is great to be back in Bra...
Foreign Office press release As violent protests continue in Venezuela, FCO Minister Hugo Swire has called for restraint. He said: "With protests ongoing in Ven...
Foreign Office press release Foreign Secretary William Hague visits Colombia and Brazil, leading democracies in a region of huge economic potential and growing po...
27/06/2014 on Today, BBC Radio 4
22/06/2013 on Weekend Breakfast, BBC Radio 5live
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