LONDON -- The head of the Bank of England said Wednesday that Britain was in a "deep recession" that would require further easing of monetary policy amid a deteriorating global backdrop. "The UK economy is in a deep recession," bank Governor Mervyn King said at a news conference, who also gave his clearest sign yet that the Bank of England was ready to in effect print money to get the economy going again. "The projections...imply that further easing in monetary policy may well be required. That is likely to include actions aimed at increasing the supply of money in order to stimulate nominal...
UK fund manager settles US market-timing case
The Examiner
The Examiner
Comments WASHINGTON (Map, News) - A London-based hedge fund manager and its chief investment officer have agreed to a nearly $18 million settlement resolving U.S. regulators' allegations that one of its funds defrauded...
India largest investor in UK after US
The Times of India
The Times of India
Text: MUMBAI: After United States, India with 108 projects is the largest investor in United Kingdom in terms of number in 2008-09 as against 75 in the previous year....

