King prepares to face music on rates
Mervyn King, governor of the Bank of England, may have more on his mind today than how Aston Villa, of which he is an ardent fan, got on at the weekend. He is facing a qu...
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World markets fall amid fears of US rate rise
Leading US shares dipped below 10,000 today for the first time since December as world markets fell sharply on fears of an early rise in US interest rates.
In lunchtime ...
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Ripples in the rates - but there's still juice in the tank
The Dow opened last Monday morning at 10461 and at the time of writing last Friday morning it stood at 10429. If, as an observer, you had not been in touch with the marke...
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Interest rates must rise, says Fed chief
Federal Reserve chairman Alan Greenspan yesterday moved to prepare the ground for a rise in US interest rates from their half-century low of 1% as soon as this summer.
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Bank was sure on pegging rates
Only one of the nine members of the Bank of England's monetary policy committee (MPC) voted to increase interest rates at the committee's last meeting, on April 8.
The...
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Rate rise likely as employment hits record high
One of the strongest labour market surveys published for several years reported record employment levels and strong growth in pay packets, increasing the pressure on the ...
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Brussels stirs state aid furore by querying BT's rates bill
The European commission yesterday confirmed it is looking into a complaint by one of BT's rivals which alleges that the telecoms firm received illegal state aid, but stre...
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Brown urged to cut marathon tax rates
The chancellor, Gordon Brown, was today urged to cut the government's tax take on charity proceeds from the London marathon - the biggest fundraising day of the year.
E...
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BCC calls for caution on interest rates
The UK economy will continue to gather momentum, but the Bank of England should adopt a cautious policy on interest rates, the British Chambers of Commerce said today.
I...
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Congratulations, your savings rate just dropped
I discovered yesterday that my teenage son, who has had a SaveZone account with the Bank of Scotland (BoS) for over three years, had received a letter informing him that ...
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