16.3 acres of Loughton land will be sold at auction this month

16.3 acres of Loughton land will be sold at auction this month
A once thriving sports centre opened for the staff of the Bank of England and their families is to go under the hammer. Established in 1956 the Britannia Sports and Social club, Loughton, ran successfully for almost 50 years, before being closed in …
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Bank of England close to yuan deal
The Bank of England governor, Sir Mervyn King, who is currently on a visit to Beijing, said: "In the unlikely event that a generalised shortage of offshore yuan liquidity emerges, the bank will have the capability to provide yuan liquidity to eligible …
Read more on The Guardian

Bank of England swap line expected to fuel RMB growth
Following a meeting between Bank of England governor Mervyn King and PBoC governor Zhou Xiaochuan in Beijing on February 22, the two central banks hope to sign a final agreement shortly, having stated the arrangement will be used to "finance trade …
Read more on FX Week (subscription)

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