Monthly Archives: October 2011

Bankruptcy protection sought by MF Global

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Financial trading professionals will have seen today (October 31st) that the futures broker run by ex Goldman Sachs chief Jon Corzine has filed for Chapter 11 bankruptcy.MF Global has made the move after Mr Corzine's bets on eurozone debt failed … Continue reading

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David Cameron: Eurozone deal marks good progress

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Agreement upon a new deal aimed at tackling the mounting crisis in the eurozone has been welcomed by David Cameron.Those in the financial trading arena will have seen members of the single currency bloc come up with a workable strategy … Continue reading

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BoE ‘was right to implement QE’

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The Bank of England was right to implement a second round of quantitative easing (QE) earlier this month despite the differing opinions of many officials.That is the message from Mervyn King, governor of the institution, who has defended the Monetary … Continue reading

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Questions remain over eurozone after summit

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Financial trading professionals are still some way off discovering how exactly politicians and banks are planning to deal with the ongoing fiscal crisis in the eurozone.Yesterday (October 23rd), officials held a meeting in order to discuss how they can best … Continue reading

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BoE chief criticises eurozone govts

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Spread betting professionals should not expect the UK's economic situation to return to anything like normal for some time yet.That is according to Mervyn King, governor of the Bank of England, who has said there are a number of factors … Continue reading

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Report: GDP growth subdued in 2011

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The UK financial trading arena should prepare itself for a prolonged period of subdued growth as the country continues its post-recession recovery, a new report has indicated.According to the Ernst & Young ITEM Club's latest quarterly financial review of the … Continue reading

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