Inflation fears hit rate cut hopes
Hopes that the Bank of England could cut borrowing costs again for Britain's 11m homeowners receded last night when the Bank's deputy governor warned of rising inflationa...
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Bank puts interest rates on hold
The Bank of England was coming under pressure from industry and unions last night for post-election cuts in interest rates after the eve of polling day meeting of its mon...
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Retail sales grow at fastest rate for five years
Spending in Britain's high streets rose at its sharpest rate for five years last month as a combination of warmer weather and rising incomes boosted demand, retailers sai...
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House price rises dim rate cut hope
Rising house prices and evidence of a consumer borrowing binge yesterday dulled hopes that the Bank of England will deliver an election eve cut in interest rates.
Lendi...
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Violent offences continue to rise despite fall in overall crime rates
Violent crime is still rising, though overall crime rates have fallen by almost 3% in the year to the end of March, according to figures released by the Home Office yeste...
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Bank ready to order new interest rate cut
The Bank of England signalled yesterday that it was poised to cut interest rates again should the weakening global outlook inflict further damage to the economy.
Eight ...
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More rate cuts likely as inflation is tamed
The depth and duration of the economic slowdown in the United States will be the crucial factor in deciding whether mortage rates for Britain's 11-million homebuyers cont...
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Why the US is setting our interest rate agenda
Just like the Bank of England's announcement last week, yesterday's US rate cut had been widely anticipated by analysts and private investors alike. It is the fifth time ...
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America goes shopping and hits rate cut hopes
US consumers shrugged off recessionary fears and went shopping last month, sending retail sales rebounding sharply after two months of decline.
The news dampened expect...
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Europe cuts rates at last
The European Central Bank took the markets by surprise yesterday and cut interest rates for only the second time in its history to ward off the threat of recession in the...
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Accounting & Auditing 
