Bonus row opens up G20 divisions  London: Deepening divisions are appearing among international finance ministers, about how to curb excessive bank bonuses G20 ministers meet amid divisions  London: Rifts are emerging as finance ministers from developing countries and major powers prepare to meet in England UK interest rates cut to new low  London: The Bank of England reduced interest rates by 0.5 percentage points to 1 percent, the lowest-ever level Lloyds pays $350m to end US case  London: UK-based bank has agreed to pay a $350m penalty to US authorities over financial transfers that violated US sanctions Interest rates hit all-time low  London: The Bank of England has cut rates to 1.5%, the lowest level in its 315-year history, as it continues efforts to aid an economic recovery Pound hits new low against euro  London: The pound has hit a new record low against the euro; the grim outlook for the UK economy continues to put downward pressure on the currency   Banks face huge losses from $50B 'scam'  London: Some of the biggest names in global finance have lost hundreds of millions of dollars in a 'pyramid scheme' by Bernard Madoff Darling cuts VAT in pre-Budget  London: Chancellor Alistair Darling has cut VAT from 17.5% to 15% for 13 months in his pre-Budget report to get consumers spending again UK interest rates slashed to 3%  London: The Bank of England has made a shock 1.5% point cut in UK interest rates to the lowest level since 1955 World's central banks slash interest rates

G20 pledges tougher bank action year 2009 Top ^ Sep.5   London: Finance ministers from the most powerful economies have agreed a series of measures to try to regulate the global banking system.    The meeting did not agree on specific limit... London Summit Timeline (11)
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year 2008 Top ^
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London: The leading economies, led by the U.S. and the UK, slashed interest rates to tackle the global financial crisis after days of stock market losses.    Six central banks cut interest ...

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