Just walk away from bad savings rates
If you have not checked the rate you are earning on savings, do it now. You will probably get a nasty shock.
Many banks and building societies are slashing interest by ...
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Consumer spending growth dashes rate cut hopes
Household spending is growing at its fastest pace in 18 months, official figures revealed yesterday, dashing hopes that the Bank of England may cut rates again to rescue ...
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Worried US cuts rate again
Alan Greenspan, the chairman of the US federal reserve, last night cut American borrowing costs for the seventh time this year, in his battle to keep the global economy f...
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Fed to cut rates again
It is a foregone conclusion that the US Federal Reserve will cut rates again today in its aggressive campaign to avert a hard landing for the economy.
Most economists ex...
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Enrolment and drop-out rates rise in US colleges
Enrolment into US colleges and universities continues to increase, the latest figures show, with a record 15.3m students expected to be on higher education courses this y...
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Shopping boom reduces likelihood of rate cut
Consumers shrugged off warnings about an economic downturn and flocked to the high streets last month, attracted by bargain prices in the summer sales.
Retail sales jum...
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ECB hints at rate cut as concern mounts
The European Central Bank hinted yesterday it is preparing to join global efforts to ward off recession by cutting interest rates in the 12-member eurozone at its next me...
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More rate cuts to come
The Bank of England paved the way for more interest rate cuts yesterday to counter the looming global downturn, admitting it had been surprised by the speed of the slump....
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Germany appeals for European rate cut
Germany today urged the European central bank (ECB) to lower interest rates, as its economy slowed to a crawl.
Siegmar Mosdorf, a German deputy economy minister, said th...
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ECB's chief economist defends not cutting rates
European Central Bank chief economist Ottmar Issing yesterday defended last week's decision to leave interest rates on hold, claiming that the present level was keeping i...
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