Pound surges as traders bet on interest rate increase
The pound powered to a two-month high against the dollar on foreign exchanges yesterday after government figures showed that the pace of economic recovery is accelerating...
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US rate fears topple European shares
Worries that the US Federal Reserve will soon be forced to raise interest rates sent financial markets slumping in the US and Europe yesterday.
On the foreign exchanges...
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George should follow US in warning of rate change
Eddie George, the governor of the Bank of England, should take a leaf out of his American counterpart Alan Greenspan's book and tip off the markets each month about the f...
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British Steel seeks rate cuts
Sir Brian Moffat, chairman of British Steel, yesterday urged further cuts in interest rates to bring sterling down to a more competitive level and help restore profitabil...
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ECB hints next rate move may be up
Wim Duisenberg, president of the European Central Bank, stepped in to shore up the euro yesterday by dropping a broad hint that the next move in Euroland interest rates w...
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US eases up interest rates
The Federal Reserve sought to take the froth off the booming American economy yesterday when it nudged up interest rates for the first time in two-and-a-half years - but ...
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US rate alert rattles financial markets
Financial markets around the world this week are facing one important question - by how much will American interest rates be raised?
The issue is no longer if the Feder...
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QCs face loss of premium pay rates
QCs are likely to lose the right to premium rates of pay based solely on their rank under moves to be announced by the government tonight. Lord Irvine, the lord chancello...
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Interest rates are rising
The world's media is embracing the Women's World Cup like never before, even if the British media continue to embrace anything but. All the games will be televised and, w...
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Rate cuts rescue retailers
Britain's shoppers have returned to the high street as the benefits of lower interest rates filter through to households, new figures showed yesterday.
Retail sales vol...
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