ECB holds fire on rates
The European Central Bank today resisted growing calls to lower borrowing costs after the September 11 attacks on America and left interest rates at 3.75%.
Despite the ...
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Blue chips soar on rate cut
Blue chip shares celebrated the Bank of England's decision yesterday to cut interest rates for the sixth time this year by rallying to their strongest position since the ...
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Bank cuts interest rates by 0.25%
The cost of borrowing in the UK fell to its lowest level since 1964 today as the Bank of England cut rates by a quarter-point to 4.5% in a bid to restore confidence after...
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Rates back to JFK's levels
The US Federal Reserve last night underlined its determination to prevent the World Trade Centre disaster triggering a global slump when it slashed US borrowing costs by ...
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Fed cuts rates again
The US Federal Reserve today cut interest rates to their lowest level for almost 40 years in an increasingly frantic effort to cushion America from recession.
In lopping...
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Treasury rates are safe but not sound
It was set up by the Palmerston government in 1861 as a simple savings scheme to encourage wage earners 'to provide for themselves against adversity and ill-health'. Toda...
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Eurozone rates left on hold
The European Central Bank left interest rates on hold yesterday despite mounting evidence that the economy of the 12-nation eurozone is slowing.
However, analysts expec...
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Bank guru hints at loan rate cut
One of the Bank of England's nine-strong group responsible for setting interest rates dropped the broadest of hints yesterday that the cost of borrowing in the UK is like...
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Rate cuts and patriotism fail to stop US share dive
The world's two most powerful central banks, the US Federal Reserve and the European Central Bank, joined forces yesterday to cut interest rates by half a percentage poin...
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UK next to make rate cut
Expectation was hardening in the City last night that the Bank of England would join in the coordinated effort to safeguard the global economy by cutting interest rates a...
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Accounting & Auditing 
