Interest rates held for 10th month
The Bank of England today kept interest rates on hold at 6% for the 10th consecutive month, as City forecasters predicted.
The decision, by the bank's nine-member moneta...
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City expects rates to be held
The Bank of England will this week leave interest rates on hold for the 10th month in a row and continue to peg them at 6% until after the Budget in the spring, according...
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Blunkett to force student drop out rates down
English universities are to be forced to reduce high student drop out rates, the government has announced.
Education secretary, David Blunkett, has instructed funding c...
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Scots to set council tax rates for three years at a time
The Scottish executive has called on local authorities to offer stability in council tax rates in return for greater freedom in setting council tax levels.
The executive...
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US rates left on hold amid uncertainties
The US Federal Reserve left key American borrowing rates unchanged last night but said it was still watching closely for signs of rising inflation.
Amid continuing unce...
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Bank ties down interest rates for ninth month
The Bank of England's monetary policy committee left interest rates on hold for the ninth month yesterday, fuelling increasing City expectations that the cost of borrowin...
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Interest rates held
The Bank of England today announced interest rates are to be kept on hold, confirming City expectations that the official cost of borrowing would not rise.
Chancellor G...
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Don't assume that interest rates have peaked
Gordon Brown's political opponents were no doubt praying that the Bank of England's monetary policy committee would react to the spending increases announced in yesterday...
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Sir Eddie warns that tax cuts would bring higher interest rates
Sir Eddie George, the governor of the Bank of England, delivered a strong warning yesterday that over-generous tax cuts or further big increases in public spending in tod...
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Unnatural rate of growth
In recent years, both the British and US economies have grown at a rate far exceeding what was regarded as their rate of growth of productive potential, but with minimal ...
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