Inflation concern leaves loan rate on hold
Fears that the consumer spending spree on the high streets at Christmas could push up inflation prompted the Bank of England to keep borrowing costs unchanged yesterday, ...
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Bank surprises City by raising rates
The Bank of England today surprised the City by raising rates 0.25% to 4.25% amid concern that the lowest borrowing costs in 37 years have fuelled a spending boom.
The B...
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Two exchange rates, still one big problem
Argentina's latest president Eduardo Duhalde faces the almost impossible task of restoring the country's economy to health while holding on to his wobbly political base. ...
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Nairobi mayor plays rates card
White Kenyans have been told to pay outstanding rates to Nairobi city council or face Zimbabwe-style land seizures.
Mayor Dick Waweru accused white residents of the cap...
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Retail sales boom sparks new rate fear
Fears that the economy is overheating will intensify tomorrow when new figures are expected to show that UK shoppers powered the retail sector to its best Christmas sales...
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Sex talk 'reduces teen pregnancy rate
Teenage pregnancy in Britain will remain far above European levels because sex is regarded as "dirty" by too many parents and schools.
A study to be published shortly i...
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ECB leaves interest rates unchanged
The European Central Bank has left interest rates unchanged today at 3.25%, after the successful cash launch of the euro.
The bank's 18-member policy council ignored pl...
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FSA cautions life insurers over annual bonus rates
Millions of investors with endowments and personal pensions can expect their money to grow more slowly over the next 12 months after life insurers were yesterday warned t...
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Fed warns of slow recovery as rates fall to 40-year low
The US Federal Reserve last night doused hopes that the world's biggest economy was on course for a rapid recovery from recession when it cut interest rates for the 11th ...
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Spending boom halts rate cuts
As new figures from Britain's retailers show consumer spending holding up, the Monetary Policy Committee is expected to leave interest rates unchanged when it meets on We...
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