Bank changes may bring interest rate cut closer
With the imminent departure of Sir Andrew Large from the Bank of England at the end of the month, the interest rate-setting monetary policy committee will lose its most h...
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Interest rates held at 4.5%
The Bank of England today stuck to its wait-and-see approach as it kept interest rates unchanged at 4.5% for the fifth month running.
With retail sales holding up over t...
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TUC calls for early rate cut to safeguard 80,000 jobs
Manufacturing industry will lose 80,000 jobs this year if interest rates are not cut, according to research to be published this week by the TUC.
The Bank of England's m...
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Service sector upturn dampens hope of early interest rate cut
Britain's service sector ended 2005 on a high note as healthier order books and rising employment pushed business activity to its highest level in more than 18 months, it...
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How he rates: Kevin Foley, Luton Town
Mike Newell has been true to Luton's tradition of giving youth a chance since he took over as manager in 2003. In August he sold Curtis Davies to West Bromwich for £...
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How he rates: Alex Hains
The Nos Galan race has been run since 1958 and commemorates the exploits of Guto Nyth Bran (1700-37) of Llanwynno who accepted a challenge to run 12 miles from Newport to...
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Split vote at Bank of England lifts hopes of interest rate cut
The prospects of an interest rate cut early in the new year were heightened yesterday after minutes of the Bank of England's interest rate meeting this month showed one o...
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Expectations of cut in interest rates grow
Market expectations of a rate cut early next year rose as it emerged today that a Bank of England policymaker had favoured a reduction earlier this month.
Stephen Nickel...
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Fed raises US interest rates but signals change of mood
The US central bank, the Federal Reserve, bumped up interest rates by a quarter of a point to 4.25% last night, the highest level since the middle of 2001, but hinted it ...
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ING Direct to cut interest rate to 4.5% next month
ING Direct said yesterday that it would cut its interest rate from 4.75% to 4.50% from January 1, blaming "less favourable investment conditions". The Dutch-owned bank ha...
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