Editor's comment
High interest rates and inflation are anathema to both bond and equity markets. There are strong signs that interest rates are at or near the peak of the cycle in the UK ...
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Fed continues softly softly approach
The US Federal Reserve is poised to announce another interest rate rise tonight. The only question is: will it be a quarter or half point increase?
Until now, the Fed h...
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Good home sought
Savers looking for the best 'home' for their money will be reviewing the situation after base rates were kept on hold at 6 per cent last Thursday.
With the average inst...
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Hard-hit motorists get ton up warning
Latest figures from the AA show that the cost of car insurance policy has risen almost £100 in 12 months. The figures hammer home the need to shop around for the bes...
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Internet bank gets Egg on its face again
Egg, the internet bank, has apologised to a saver after his account was wrongly credited with more than £300,000 of phantom cash. Simon Bunn, 32, opened his account ...
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Euro sinks to new low
The impotence of Europe's policymakers to prop up the ailing single currency was demonstrated yesterday when the euro plunged to new record lows against the dollar within...
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Keep them down
A fresh increase in interest rates looks likely after the news of a 6.1% rise in average earnings in the year to February. This is way above the 4.5% that the Bank of Eng...
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Panic selling on Wall Street
Panic selling on Wall Street sent share prices tumbling on both sides of the Atlantic last night as fears of higher US interest rates sent tremors through the markets.
B...
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Why loan sharks still make a killing
While the government gets further involved in the political flak from the Barclays Bank decision to close 172 branches this weekend, it seems to have shelved a report it ...
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Savers can hit the market in peak condition
One result of the recent rises in interest rates has been a spate of launches of new limited-issue, fixed-rate bonds. Several banks and building societies now offer saver...
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