British Pound

The effect of recession and global melt down on the UK exchange rate has been tremendous and quite jeopardising. The floating exchange rate is one of the pivotal features of ... [full story]

It seems that recently the euro has given the US dollar a sound licking. However, the British pound has not followed suit. The pound sterling has gone through various crises ... [full story]

The Bank of England (BOE) was founded in 1694, and despite its name is the central bank of the entire United Kingdom. It is the second oldest central bank in ... [full story]

The United Kingdom, in essence a capitalist system, is the fourth largest economy in the world. In the last twenty years, the government has allocated large amounts of money towards ... [full story]

The United Kingdom of Great Britain is a constitutional monarchy, with executive power exercised by the government (drawn from Parliament) and headed by the Prime Minister. The United Kingdom is ... [full story]