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England, Financial Timeline Tuesday, August 26     Author
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UK welcomes world cash injection

World News
    England (259)
        Business (40)
            Financial

                2007 (5)
                2005 (4)
                2004 (2)
                2003 (2)
                2002

                   London (7)

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Bank of England to detail £50bn plan  London: The bank is to announce details later of a plan to help prevent the credit crisis causing more damage to the UK banking system and economy Bank £50bn mortgage rescue plan
Apr.20
Apr.18
  London: The Bank of England will next week unveil a plan to swap government bonds for British banks' mortgages

year 2007 Top ^

Dec.12
  London: Prime Minister Brown has welcomed a joint plan by the US Federal Reserve and other central banks to help ease strains in financial markets
Nov.20 Bank data of 25 millions missing
  London: Tax and customs service lost banking and personal data when 2 computer disks disappeared in an internal mail service
Sep.20 Bank chief defends role in crisis   London: Bank of England governor has defended his handling of the Northern Rock crisis in a crucial appearance in front of a panel of MPs Aug.10 Central banks pour money into system
  London: The U.S. Federal Reserve and European Central Bank pumped money into the banking system for a second day to ward off a global credit crisis
Bulk buy ban amid frenzy

year 2005 Top ^

Jun.11 G8 ministers back Africa debt deal
  London: Finance ministers have agreed to cancel up to $55 billion worth of debt owed by the world's poorest nations
Jun.10 Hopes raised of Africa debt deal  An agreement between the United States and Britain is writing off $16.7 billion owed by 18 countries Feb.5 G7 backs Africa debt relief plan  Finance ministers have backed plans to write off up to 100% of the debts of some of the poorest countries Jan.4   G-8 may freeze debt payments  The world's richest nations are likely to agree to freeze repayments for countries devastated by the Asian tsunami

year 2004 Top ^

Battered dollar hits another low Jul.21 20,000 posts go in defence cuts  Defence Secretary Hoon has announced the cuts in the armed forces as part of modernisation plans

year 2003 Top ^

Jun.24   EU chief makes UK euro appeal  European Union: Romano Prodi, says Britain's decision to stay out was a result of political rather than economic thinking Jun.9   Brown: UK to rule out euro for now  Chancellor Brown is expected to rule out Britain's entry into Europe's single currency

year 2002 Top ^

Euro mark celebrations



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