Jobless rise may keep rate pegged
The number of people out of work and claiming benefit rose for the first time in 15 months in October as Britain's long downward trend in unemployment came to a stutterin...
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Fed to raise US interest rates as dollar heads for 30-year low
The Federal Reserve will raise US interest rates on Wednesday, but its vote of confidence is unlikely to halt the decline of the dollar.
As the markets turn their atten...
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Rise in bankruptcy blamed on interest rates
Rising interest rates were blamed today for 28.5% more people falling into bankruptcy over the summer than at the same stage of 2003.
Government figures revealed a tota...
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MPC unlikely to raise rates as underlying sales cool
Bargain-hunting consumers shrugged off the impact of higher interest rates and a weakening housing market to give a boost to spending in Britain's shops last month, the C...
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Don't raise rates, CBI urges Bank of England
Further evidence of the impact of record oil prices and a slowing world economy on Britain's manufacturers emerged yesterday as the CBI published a survey showing busines...
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Savers 'lack interest in rates
Almost two-thirds of savers have no idea what interest rate their account is paying, according to research published today.
In addition many savers earned such poor int...
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Rates have peaked, says City
A sharp and surprising downturn in Britain's economy made the City predict yesterday that interest rates have peaked, and signs emerged that the higher cost of borrowing ...
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Pound falls on hints that interest rates have peaked
The pound tumbled to a nine-month low against the euro yesterday after the publication of October's minutes of the monetary policy committee showed there had been no disc...
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Businesses wilt under oil, rates and red tape
Confidence across British business is wilting under the impact of higher interest rates, record oil prices and a series of new regulations which are adding to costs,a lea...
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Inflation fall eases rate rise pressure
Inflation was at its lowest level since March today after figures for September showed the annual rate had fallen by 0.2% to 1.1%.
Significant reductions in air fares c...
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