European rate cut called timid
The European Central Bank (ECB) today cut interest rates by 0.25% to 2.5 % amid growing signs of economic distress in the eurozone, but the move left economists criticisi...
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Bank leaves interest rate unchanged
The Bank of England today spared the City a second shock in as many months by holding interest rates at 3.75%.
A month after it surprised financial markets with a quarte...
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Europe should set rates the UK way, says Sir Eddie
Sir Eddie George, the governor of the Bank of England, yesterday said Europe's struggling economies would be better off if the European Central Bank adopted Britain's sys...
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Friends Provident latest to cut bonus rates
Friends Provident today became the latest in a long line of UK life insurance companies to cut its bonus rates on with-profits policies, following very poor investment re...
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ECB bows to rate cut lobby
The European Central Bank is bowing to demands that it should be ready to cut borrowing costs for the 12 members of the eurozone to prevent the uncertainty clouding the g...
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Inflation rate remains at 2.7%
Inflation stayed unchanged at 2.7% in January, remaining above the government's target for the third month in a row, official figures showed today.
The office for natio...
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How to ease the pain of rate cut
Last week's 0.25% cut in interest rates to a record 3.75% was cheerful news for borrowers - but it is a woeful reminder to already hard-hit savers that their money will e...
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Country for hire: low rates, all amenities
Anxious to put itself on the world map, the Ruritanian statelet of Liechtenstein has hatched an extraordinary plan: it is putting itself up for rent. The tiny country, fa...
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Bank faces demands for interest rate cut
Bank of England policymakers were facing a chorus of demands for a cut in interest rates last night after a disappointing start to the year for retailers and manufacturer...
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Plan to monitor patient death rates to stop a second Shipman
Trials to monitor and compare GPs' patient death rates to try to prevent another murder spree like that of serial killer Harold Shipman might begin next year.
Efforts h...
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