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The Bank of England's Monetary Policy Committee has said inflation may remain above the 2% target for the next two years, in part due to sterling weakness.
Barclays' submission of a memo to the Treasury Select Committee has revealed how Bank of England officials advised the bank on LIBOR.
A former member of the Monetary Policy Committee has claimed Bank of England governor Mervyn King was "unprepared" for the credit crisis and "controlled the bank with an iron fist."
GLOBAL -The Greek pension system was ranked the worst in a new study because of its acute sovereign debt and overly generous promises, while Australia was found to have the most sustainable system.
AUSTRALIA - The wheels were finally set in motion to raise the contribution limit in Australia to 12% from 9% with the introduction of a new bill today.
DENMARK - Danish pension fund ATP would like to invest in local infrastructure but a lack of ‘political focus' has led to a dearth of appropriate opportunities.