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United Kingdom, Financial Timeline Monday, September 1     Author
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Bank shares plunge in market turmoil  Britain's biggest mortgage lender Halifax Bank of Scotland saw shares dive nearly 20% before recovering UK welcomes world cash injection

World News
    United Kingdom (362)
        Business (47)
            Financial

                2007 (6)
                2005 (8)
                2004 (2)
                2003 (3)
                2002
                2001 (1)

                   England (13)
                   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



March 2008 ... more > Top ^

Mar.19


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
Nov.19 Fish dumping 'will ruin industry'  The UK fishing industry faces ruin unless EU quota rules which see millions of freshly-caught fish end up back in the sea, dead, are changed 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 ^

Dec.16 UK making final EU budget offer
  Belgium: The UK is to set out revised proposals for the 2007-13 budget at a summit after a day of behind-the-scenes talks Dec.14 EU states reject UK budget plan  European Union: Key leaders have shot down the UK's proposals to break the EU budget deadlock Dec.9   Blair sets EU budget bottom line  Tony Blair has said he cannot sign up to a deal unless there is a full review of EU farm subsidies in 2008 China scraps yuan peg to dollar 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  England: 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  England: 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  England: 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  England: 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  England: Chancellor Brown is expected to rule out Britain's entry into Europe's single currency May.14   UK 'not ready' for euro  Chancellor Brown has concluded the UK is not yet ready to join the euro. Blair has accepted the view

year 2002 Top ^

Euro mark celebrations

year 2001 Top ^

Oct.1 $90m Taliban assets frozen  £61 million has been frozen since the UN imposed sanctions in November 1999



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