Giving his strongest nod to the Bank of England this week, Gordon Brown told the annual meeting of the International Monetary Fund (IMF) that the Bank of England must keep inflation in check as Britain’s economy continues to grow. The IMF’s new forecast for UK growth was 2.7 per cent, he added. Asked how...
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We have noted that BP seems to be either unlucky or negligently careless over the last few years. While re-branding itself BP instead of British Petroleum, replacing the Viking shield with a Daisy and placing wind generators in its garages may have worked wonders for the ‘green’ image it likes to portray, it seems...
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At the end of August Sony went to great pains to assure the markets that it was working closely with notebook manufacturers and that there would be no further recalls required. The recall of 4.1 million Dell and then 1.8 million Apple notebooks was that end of it we were assured. Despite incurring estimated...
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The International Monetary Fund warned that Britain could be heading for a housing market crash and urged Gordon Brown to curb spending growth. In its latest bi-annual report, the world financial watchdog said UK property prices appeared elevated and "could come under pressure in a rising interest-rate environment". The International Monetary Fund said that...
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In Roman Catholic theology, Papal infallibility is the dogma that the Pope is preserved from error when he solemnly promulgates, or declares, to the Church a dogmatic teaching on faith or morals. This doctrine was defined at the First Vatican Council of 1870. Whilst followers may confuse this with the simple Dogma that the...
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