Example sentences of "[verb] up the pound " in BNC.

  Next page
No Sentence
1 Only by raising loans in New York and Paris could the Bank of England prop up the pound ; but foreign bankers were unwilling to risk their money unless the British Government balanced its budget .
2 Her comments on interest rates had little impact on financial markets but they appeared to underscore the Government 's commitment to holding up the pound .
3 Ripe time Assuming Mr Lawson has achieved a respectable fall in inflation , the time then really would be ‘ ripe ’ for full membership of the European Monetary System , since this would tend to drive interest rates down while holding up the pound .
4 Propping up the pound is like trying to get water to run uphill .
5 And it will take years to rebuild our Reserves of foreign currency which were frittered away propping up the pound .
6 His reckless stance cost Britain a BILLION pounds propping up the pound and may well yet force up interest rates .
7 Q What is meant by propping up the pound ?
8 Yet we can not have a cut because interest rates are now set , not according to the needs of our domestic economy , but for the sole purpose of propping up the pound in its ERM band , thus prolonging the recession .
9 They showed no qualms in spending £3 billion in a futile attempt to prop up the Pound .
10 IT 'S astonishing that our government did n't admit that the German bank spent £17 billion trying to prop up the pound and the Italian lira during the recent crisis .
11 The City fears a Bank Rate rise to prop up the pound if the French vote no to the Maastricht treaty on Sunday .
12 There 's the case of the £10 billion wasted trying to prop up the pound .
13 As the Bank of England poured in £10 billion to prop up the pound , the four big banks — Natwest , Barclays , Midland and Lloyds — and insurance giants the Pru were busy coining it by speculating .
14 Mr Smith rammed home the lunacy of gambling away ONE THOUSAND MILLION POUNDS trying to prop up the pound when the money could have done so much good at home .
15 MR SMITH savaged the Tories for wasting £1 billion in their failed bid to prop up the pound on Black Wednesday .
16 Mr Lamont 's squandering of £1 billion in his vain bid to prop up the pound has not helped .
17 It is probably churlish to contrast that with those who spent $15 billion last autumn vainly trying to prop up the pound and who remain in post at Threadneedle Street and 11 Downing Street .
18 Throughout the day the Bank sold both dollars and European currency units almost continuously in an effort to shore up the pound .
19 The Bank 's sales of Ecus for pounds were intended to shore up the pound against the mark , without resorting to outright sales of the German currency .
20 The Chancellor had the Prime Minister 's support , according to government sources , in intervening to the tune of $2bn to $3bn to shore up the pound after pressure intensified following the news two weeks ago of a £2bn current account deficit in August — the third worst on record .
21 That was where they were before the Bank of England wasted £10billion trying to shore up the pound .
  Next page