Services pick-up unlikely to halt interest rate cut
A significant measure of the economy's dominant services sector showed an unexpected pick-up last month but analysts remain confident that the Bank of England will cut in...
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Bank cuts interest rates to 4.5%
The Bank of England today cut interest rates for the first time in two years amid overwhelming evidence of a weakening economy.
In a widely expected move, the Bank's mon...
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July's poor retail sales add to pressure for rate cut
Retail sales remained close to a 22-year low last month, the CBI said yesterday, providing further reason for the Bank of England to cut interest rates tomorrow.
The CBI...
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Rate cut hopes fail to lift housing
Despite the widely held expectation that the Bank of England's monetary policy committee will cut interest rates tomorrow, firms in the housing sector fared badly yesterd...
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CBI urges rate cut after weak sales
The Confederation of British Industry today called on the Bank of England to cut interest rates as retail sales remained weak in July.
According to the CBI's monthly dis...
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Bank set on rate cut to revive economy
Policy makers at the Bank of England are poised to cut interest rates this week for the first time in two years to prop up the ailing consumer sector and kick-start reces...
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Abortion rates increase by 2%
More women than ever are undergoing abortions, according to government figures published today. The total number of abortions last year was 185,400 across England and Wal...
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Rate cut needed to boost industry, CBI says signals confidence remains
British manufacturers experienced a slight upturn in output in the last quarter, the CBI said yesterday, but it warned that "big question marks remain" for the sector as ...
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CBI calls for interest rate cut
The Confederation of British Industry today called on the Bank of England to cut interest rates next month as it reported a further deterioration in confidence among manu...
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To death and taxes add a rate cut
Yesterday's news that the Bank of England's monetary policy committee teetered on the brink of cutting interest rates this month surprised many in the City.
Most had exp...
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