US puts up interest rates
The US central bank increased the cost of borrowing for the fifth time in nine months yesterday in an attempt to slow down the record-breaking US economy.
Yesterday's d...
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Inflation fears drive up eurozone rates
Signs of inflationary pressure in the 11 member countries of the eurozone prompted the European Central Bank to raise borrowing costs yesterday for the second time in six...
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ECB in the dock over exchange rate
With Rhodia just about to sign up a 1.2bn euro Anglo-US acquisition, thus increasing its exposure to sterling and the dollar, the chief of the French speciality chemicals...
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Woman, 81, jailed for not paying rates
An elderly spinster yesterday began a two-week prison sentence for owing £2,700 in rates.
Ellen Copson, 81, was jailed by magistrates at Droitwich, Worcestershire, ...
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Holiday buying binge adds to threat of higher rates
Shoppers went on a combined Christmas and millennium binge last month, raising fears that the Bank of England will deliver another blow to homeowners next month in the fo...
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Cut rate
A nine-member monetary policy committee is unnecessarily large (Bank raises interest rates again, January 14). It appears to either raise rates a quarter, lower them a qu...
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City expects MPC to raise loan rates
Business leaders yesterday appealed to the Bank of England's monetary policy committee to spare industry an interest rate rise when it holds its first meeting of the new ...
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Bank sees no need to explain rate rise
The Bank of England was in non-communicative mood yesterday when it put up rates for the fourth time in six months. It told the waiting world that the cost of borrowing w...
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Dismay as interest rates rise to 6%
Fears of an inflationary boom prompted the Bank of England to raise rates yesterday to 6%, to the dismay of business and homeowners.
Industry leaders immediately called...
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Union leader joins euro row as rate rise looms
Union leader Bill Morris, who is sceptical about the euro will confront pro-single currency colleagues and businessmen today at the Labour Party local government conferen...
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