Fed raises US interest rates but signals change of mood
The US central bank, the Federal Reserve, bumped up interest rates by a quarter of a point to 4.25% last night, the highest level since the middle of 2001, but hinted it ...
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ING Direct to cut interest rate to 4.5% next month
ING Direct said yesterday that it would cut its interest rate from 4.75% to 4.50% from January 1, blaming "less favourable investment conditions". The Dutch-owned bank ha...
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Interest rates on hold at 4.5%
The Bank of England froze interest rates at 4.5% today, keeping the core rate unchanged for a fourth successive month.
Members of the Bank's monetary policy committee (M...
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EU in deadlock over move to retain lower VAT rates
A deal to retain lower VAT rates across Europe for business was in the balance last night after the new German coalition government threatened to veto the move.
Finance ...
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Manufacturing fall boosts expectations of rate cut
British manufacturing output unexpectedly fell at its sharpest pace in seven months in October, raising fresh concerns about the sector's recovery from recession.
Figure...
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Zero corporate rate goes in clampdown on loopholes
The chancellor executed a U-turn yesterday by scrapping the zero rate of corporation tax he introduced just three years ago in a bid to prevent self-employed people becom...
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Interest rates expected to hold steady
The Bank of England holds its latest interest rate meeting on Wednesday and Thursday with financial markets widely expecting the monetary policy committee to leave intere...
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There's no great mystery about cutting hospital death rates. All you need do is keep the really sick people away
University College London Hospitals trust is to attract patients by advertising itself as having the lowest death rates in the National Health Service. I couldn't make it...
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Defiant ECB opts for 'one-off' rate rise
The European Central Bank yesterday raised interest rates for the first time in five years. But Jean-Claude Trichet, the ECB president, gave a clear signal the bank has n...
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ECB increases interest rates
The European Central Bank today brushed aside concerns over a fragile economic recovery to raise interest rates for the first time in five years.
Despite European govern...
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Accounting & Auditing 
