Case is growing for a rate cut, says CBI
Britain's leading employers' organisation yesterday said the case was growing for a cut in interest rates to stimulate the flagging economy after cutting its forecast for...
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Better annuity rates on way for thousands
Higher retirement income will be on the way for thousands of pension holders from next month, when insurers are forced to highlight the potential gains of shopping around...
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Gloomy Fed set to cut US rates
The US Federal Reserve Board signalled last night that it was standing ready to reduce borrowing costs to counteract the threat of a return to recession in the world's la...
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MPC urged to cut rates despite rising trend for inflation
Inflation rebounded sharply last month from June's record low, depressing hopes that the Bank of England may cut borrowing costs soon to shore up Britain's tentative econ...
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Unanimous Bank vote left rates unchanged
The Bank of England discussed the arguments for reducing interest rates earlier this month but decided unanimously to leave them unchanged, it emerged today.
That the Ba...
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Fall in Scottish pass rates prompts inquiry
The percentage of Scottish students passing Highers fell this year by more than 2% - prompting an inquiry ordered today by the education minister.
Cathy Jamieson said sh...
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US interest rates held at 1.75%
The US Federal Reserve today left interest rates unchanged at 1.75% in the hope that low borrowing costs would fuel consumer spending and sustain economic expansion.
The...
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Traders wait for the rates to drop
Traders were left scratching their heads yesterday about the rally that never was. Having gained more than 130 points on Tuesday, the FTSE 100 index trod water for much o...
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Bank hints rates will remain unchanged
The Bank of England expects economic growth and inflation to weaken over the rest of the year, in an indication that it will leave rates at their current 38-year low, it...
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Rate setters heed warning
The Bank of England left interest rates on hold at 4% for the ninth month in a row yesterday as downbeat news from manufacturers underlined the fragility of global econom...
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