Bank holds interest rates
The Bank of England today held interest rates at 4.75% for the 11th month running in a decision overshadowed by a series of suspected terrorist attacks in London that sen...
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Services output rise stymies rate cut hopes
The prospect of an interest rate cut this week faded yesterday as an important report on the country's dominant services sector came in stronger than expected and showed ...
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Retail slump to hasten rate cut
Fresh evidence that shoppers are holding on to their money is expected this week when the monthly sales data from the British Retail Consortium will show spending continu...
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Little 'uns accounts that pay big rates
While children are more likely to be interested in the free piggy banks, soft toys and colouring books on offer, parents opening a savings account for their offspring wou...
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Pressure to cut interest rates eases
Pressure on the Bank of England to cut the cost of borrowing next week eased yesterday as the latest survey of Britain's manufacturing sector showed it was in better shap...
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City gears up for rate cut
Falling consumer confidence, weaker growth and a stagnant housing market pushed the pound to its lowest levels for nine months last night as the City geared up for a cut ...
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Revised GDP figures point to rates cut
City analysts today predicted a cut in interest rates as early as this summer as official figures showed weaker economic growth than expected at the start of the year.
I...
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Retailers plead for rate cut
Hard-pressed retailers were last night demanding an immediate cut in interest rates from the Bank of England after the CBI reported that conditions on the high street wer...
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Bank pair voted for interest rate cut
The City was last night braced for the first cut in interest rates for two years after the Bank of England's chief economist warned that the weakness of growth required c...
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Two MPC members backed interest rates cut
Two Bank of England monetary policy committee members voted for a cut in interest rates earlier this month, Bank minutes revealed today.
City economists expressed surpri...
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Engineering 
