Word: englandisms
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...strong finishes in both individual and team regattas. In the Hood Trophy in nearby Medford, Mass., the Crimson finished fourth overall, rallying on Sunday to climb four spots in the rankings. Individually, women’s captain Megan Watson also received high honors, gaining third place in the New England Women’s Singlehanded Championship in Rhode Island. HOOD TROPHY The No. 6 co-eds fought to a tight finish at the Hood Trophy at Tufts this weekend, managing a fourth-place finish. The Crimson, which gained a total of 286 points over the two-day contest, was just...
...here it’s instantaneous.” While Berry Line’s product is similar to Pinkberry, the two yogurts are not quite the same. According to the two, Berry Line’s yogurt is slightly creamier. “We wanted to harness New England cream,” explained Wallace. In addition to using locally produced cream, the store uses some regionally-produced products for toppings. Their blackberries, raspberries, and blueberries are all grown on nearby farms. In the coming weeks, Berry Line will also begin serving smoothies and coffee drinks. While...
...Fast-forward a month, however, and things looked grim. Still short of credit in those tight money markets, Northern Rock had little choice but to approach the Bank of England for cash. And that - the emergency credit that King duly put up - was supposed to be that. It wasn't. Far from reassuring savers, the central bank's efforts amounted to "the equivalent of screaming fire in a crowded cinema," offered John McFall, chairman of the Treasury select committee. King could hardly quibble with that, but coming to his own defense, the Governor made clear it hadn't been...
...legal straightjacket took some of the heat off the Governor, there was plenty else to answer for. A day before his appearance in front of the committee, the Bank of England announced plans to pump $20 billion into the money markets, to help thaw the freeze on liquidity and push down the bloated rate banks are charging to lend one another cash. It also broadened the kind of collateral those banks could put up in return for accessing the central bank funds. In itself, that wasn't controversial - the European Central Bank and U.S. Federal Reserve have both pumped cheap...
...thing we do: the fallout from the Northern Rock crisis will flush more than just King out into the open. While it falls to the Bank of England to shore up stability in the country's banking sector, it's the job of the Financial Services Authority (FSA) to supervise individual banks. Callum McCarthy, the regulator's chairman, and CEO Hector Sants are now set to appear in front of the parliamentary committee next month. Alistair Darling, the U.K. Chancellor, is expected to show too. Expect the FSA to come in for even more criticism than King, reckons Buik...