Bloomberg Former Bank of England (BoE) policy maker Andrew Sentance said the UK shouldn’t look overseas for the institution’s next governor, criticising incumbent Mark Carney for not knowing enough about Britain. Sentance, a member of the Monetary Policy Committee from 2006 to 2011, told the Press Association that Carney’s “lack of confidence with raising interest rates has been due to ...

Bloomberg Don’t declare the end of easy money just yet. Major central banks took significant steps last week towards dismantling the emergency stimulus they’d used to lubricate financial markets and escape recession in the decade since the financial crisis. But most are clear that they’re not ready to get out of the business of supporting their economies. After raising interest ...

Bloomberg Norwegian Air Shuttle ASA surged as much as 12 percent after Deutsche Lufthansa AG Chief Executive Officer Carsten Spohr said his company was in takeover discussions with the Scandinavian discount specialist, raising the possibility of a bidding war. Lufthansa has been in contact with Norwegian and whether an agreement is reached will depend on the price on offer and ...