Bank of England rate-setter dies suddenly
David Walton, a member of the Bank of England's monetary policy committee, has died after a short illness. The Bank said Mr Walton, 43, died unexpectedly on Wednesday eve...
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One dissenter as rates remain unchanged
Bank of England policymakers voted 7-1 this month to keep interest rates unchanged at 4.5%, minutes disclosed today.
For the second month running, David Walton voted to ...
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CBI urges Bank to stay calm over inflation and hold interest rates
Inflation in Britain is set to rise because of high energy costs, but the Bank of England should not panic and raise interest rates, the CBI says today.
Its warning coin...
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US fears further rate rise as higher rents fuel inflation
Wall Street was braced last night for the 17th successive increase in interest rates after the latest figures from the United States showed higher rents and energy bills ...
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US inflation and rate rise worries cause worldwide shares sell-off
A day of panic selling in the world's financial markets yesterday knocked $2 off the price of a barrel of oil, it provided the sharpest one-day fall in gold for 13 years ...
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King eases fears of rate rise despite worrying data
Immigration, globalisation and weaker trade unions have made Britain less prone to inflation than 30 years ago, Mervyn King, governor of the Bank of England, said in a ke...
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Gerrard rates himself 50-50 to face Paraguay
Steven Gerrard is undergoing intensive sessions with a hip specialist to ensure that he takes part in England's opening World Cup game against Paraguay tomorrow. The Live...
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Eurozone interest rates raised
The European Central Bank today raised interest rates by 25 basis points to 2.75%, despite fears that higher borrowing costs would hurt recovery.
The ECB's decision to r...
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Markets slump under fears of rate rise
Stock markets took a pounding today as fears of higher interest rates continued to chip away at investor confidence.
Some £35bn was wiped off leading UK shares as t...
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Interest rate blues prompt FTSE sell-off
Last week's late rally was wiped out yesterday as growing fears of a US interest rate rise threw a long shadow over the London market. The FTSE 100 index fell 139 points,...
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