Mark Carney is about to show if he can make good on George Osborne’s Mansion House promises.
New Zealand’s dollar surged the most in four months after the central bank raised interest rates and flagged further increases, boosting demand for the nation’s currency.
Mark Carney has given himself one month to decide on what to do about the hottest topic in the U.K. economy: the housing boom.
The Bank of England kept borrowing costs at a record low today as policy makers look to untested tools to control Britain’s surging housing market.
U.K. house prices rose in the three months through April and demand for properties continues to outstrip supply, according to Halifax.