Fed pegs rates after year of cuts
The US Federal Reserve ended its year-long campaign of interest rate cuts last night, keeping borrowing costs unchanged after government figures showed the economy record...
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Rising demand for nannies boosts pay rates
The fast growing demand for daily nannies to look after children whose parents both work has boosted incomes in central London by nearly four times the rate of inflation,...
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Patient death rates to be made public
The patient death rate of every heart surgeon in the country is to be made public within two years, the government announced yesterday in its final response to the Kenned...
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League tables to show surgeon death rates
The first league tables of heart surgeons' death rates were today promised by the government in its latest attempt to create a more patient-centred NHS and make doctors m...
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US fails to respond to rate cuts
The Federal Reserve, America's central bank, dashed hopes of an early recovery in the world's biggest economy when it warned yesterday that despite 11 cuts in interest ra...
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Sir Eddie denies that rates will soon be on way back up
Sir Eddie George, the governor of the Bank of England, last night eased fears of early increases in interest rates to choke off Britain's consumer boom. He said that borr...
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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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