Size of cut shocks Wall Street
The Federal Reserve, America's central bank, shocked Wall Street last night when it unveiled an emergency half-point cut in US interest rates to prevent the world's large...
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Stone cold certainties will force the Fed's hand
It is no longer a question of whether Alan Greenspan will cut American interest rates, but when and by how much. There were already signs from the weekend's deep-throat s...
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What the tourist board doesn't tell you
People travelling to South Africa are paying much higher rates for food and accommodation simply for having a British accent. Hotels and restaurants are charging up to fo...
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Industry welcomes MPC stance
The Bank of England yesterday shrugged off calls for an early rise in interest rates to rein in buoyant consumer spending and soaring house prices, leaving borrowing cost...
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Sport pleads for tax breaks to avoid bankruptcies
The government was yesterday urged to introduce tax exemptions for thousands of British sports clubs to prevent them from going bankrupt.
As many as 40,000 of the count...
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Making plans for drooping investments
Steve Edwards
Age: 40
Lives: in Merseyside
Occupation: Local government officer
Earns: About ?25,000
Mortgage: ?16,000
Debts: None
Investments: Deposit acc...
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Curiouser and curiouser: Britain in euroland
There has always been something Alice in Wonderlandish about Britain's relationship with the exchange rate mechanism, the system set up in the 1980s to reduce exchange ra...
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Reforming student finance
The focus groups have met. Surprise, surprise: nobody much likes a graduate tax. Ministers have reportedly gone back to the drawing board to search for ways to reform stu...
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Shoppers prove unstoppable
Shops around the country enjoyed their busiest day of the year yesterday, as a combination of low interest rates and pent-up Christmas energy unleashed a stampede of barg...
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Top deals for anxious savers
Interest rates are now at their lowest level for some 40 years, and the returns paid by banks and building societies have fallen dramatically over the past couple of year...
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