Rate cuts lure shoppers back to stores
Britain's reluctant consumers are gradually returning to the shops as lower interest rates dispel fears of recession this year, according to government figures released y...
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Rate cut voting suggests more to come
Expectations that interest rates have reached a trough were challenged yesterday by news that all nine members of the Bank of England's monetary policy committee voted fo...
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Standard Life puts up savings rates
Competition for the nation's nest-egg money stepped up a gear yesterday when Standard Life Bank announced it was bucking the rate reduction trend by increasing some of it...
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ECB pegs rates even as euro wilts
The European Central Bank yesterday shrugged off political pressures and mixed signals about the outlook for the European economy by keeping interest rates on hold.
Th...
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Upset as Bank pegs interest rates
The Bank of England disappointed industry and homeowners yesterday by leaving interest rates unchanged amid tentative evidence that the economic slowdown may have pulled ...
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Rates could go lower
Hopes of lower interest rates were kept alive yesterday after re-instated average earnings figures showed a sharp decline in pay pressures, writes Mark Atkinson.
John...
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Fading rate cut hopes hit euro and lift pound
Dampened hopes of a sixth successive cut in British interest rates helped send the pound surging against a beleaguered euro on the foreign exchanges yesterday.
The two...
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This week: Bank weighs rates in a heated climate
Despite the preponderance of results - 11 FTSE companies will release statements - the macro economy will be the focus of attention this week.
The Bank of England's m...
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Just one more rate cut for the gung-ho MPC
Finger in the air time again. The Monetary Policy Committee meets this week to decide whether to cut interest rates for the sixth time in a row. The City, which was so ov...
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Fed chief hints rates may have to rise
The chairman of the Federal Reserve, Alan Greenspan, yesterday hinted that the US central bank could reverse the cuts to American interest rates which stabilised the worl...
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