Lambert leaves rate-setting role to take helm at CBI
Richard Lambert was forced to step down with immediate effect from setting interest rates at the Bank of England after he was announced yesterday as the successor to Sir ...
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Bank voted 8-1 to keep rates unchanged
For the fourth month running, the Bank of England's monetary policy committee voted 8-1 to keep interest rates unchanged, minutes showed today.
Stephen Nickell was again...
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Call for reduced corporation tax rate in Northern Ireland
Corporation tax rates must be slashed in Northern Ireland to help firms compete on an equal footing with the booming Irish economy, a coalition of business organisations ...
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Unemployment rises at fastest rate since 1990s
The number of people drawing unemployment benefit has risen at its sharpest rate since the recession of the early 1990s, figures revealed yesterday.
The figures, which p...
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Bank of Japan prepares to raise interest rates after five years at near-zero
Japan's central bank yesterday paved the way for an interest-rate rise after having kept rates in effect at zero for nearly five years. The Bank of Japan decided to end i...
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Bank holds rates steady for seventh month
The Bank of England today held interest rates at 4.5% for the seventh month running, after a rise in house prices and other signs of economic strength.
There was encoura...
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Store cards to carry rate warning
Consumers who take out store cards are losing at least £55m a year thanks to uncompetitive interest rates, the competition watchdog said today.
A two-year investiga...
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Cash fears lead to fall in divorce rates
From Prince Charles to Bill Clinton, there have always been husbands and fathers who were tempted to stray. Now, however, men are turning away from affairs because they f...
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Long-term savers lose out on interest rates
Savers who have held their money in the same account for some time should look at moving their cash as the rates on offer are often much lower than those on new accounts ...
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Fear of property boom kept interest rate on hold
Fears that lower interest rates would stoke a fresh boom in the property market helped keep borrowing costs on hold at 4.5% this month, the Bank of England revealed yeste...
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