Wafer thin majority kept rates on hold
Homeowners and businesses were spared a further rise in interest rates this month only by a wafer thin majority on the Bank of England's monetary policy committee, it was...
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Record A-level pass rates lead to row over standards
An argument over exam standards broke out last night as figures released in advance of today's A-level results showed another record pass rate.
The 18th consecutive ris...
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Low-rate bank is called to account
A little-known banking watchdog bared its teeth this week, ordering a high street bank to pay thousands of its customers more interest on their savings - the first such i...
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Japan risks all on rate rise
Japan's central bank ended its "money-for-nothing" policy yesterday with a controversial decision to lift interest rates for the first time in 10 years, despite a warning...
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Hint of Japanese rate rise hits euro
The under-fire euro tumbled to a 10-week low against the dollar and extended losses against a range of other currencies yesterday amid new data suggesting that euroland i...
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Fed expected to peg rates as jobs are shed
The US economy shed jobs for the first time in 4 years last month, fuelling expectations that the blistering pace of growth is finally easing and that the Federal Reserve...
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Bank holds rates steady for sixth month in a row
The Bank of England left interest rates on hold for the sixth month in a row yesterday, but City analysts said it was too soon to conclude that borrowing costs had peaked...
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CBI and TUC appeal for steady interest rate
Industry leaders and trade unionists today call on the Bank of England to keep rates steady, saying that the economy is slowing down fast enough to keep inflation at the ...
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Base' behaviour on interest rates
In June 1998, I borrowed £5,000 from First National Bank. On the credit agreement, the double glazing salesman wrote the interest rate at 23.8 per cent (1.79 per cen...
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Muted retail sales growth eases rates pressure
Sluggish retail sales figures yesterday reinforced expectations that the economy is cooling and interest rates may have peaked at 6%.
The office for national statistics...
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