Interest rates down to 4%
The cost of borrowing fell to its lowest level in 37 years today as the Bank of England cut rates by 0.5% to 4%, in its continuing campaign to stave off recession.
The s...
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European Central Bank cuts rates
The European Central Bank today cast off its customary caution by cutting interest rates by half a point as growth in the eurozone ground almost to a standstill in the se...
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Rate cuts signal real recession fears
By cutting interest rates by a half-point today, the Bank of England has moved its preemptive campaign against recession up a notch.
That surprise was followed by anoth...
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Fed makes 10th rate cut
The US Federal Reserve last night cut interest rates for the 10th time this year in a fresh attempt to revive the recession-stricken American economy and warned that furt...
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So that's why Sven rates Gary Neville...
Sven-Goran Eriksson is lauded for his quietly impressive achievement in guiding England to the World Cup finals; he has beguiled everyone with his diffident charm and urb...
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Banker's bet on rates offers some relief
Traders, betting on a week of rate cuts on both sides of the Atlantic, helped leading shares close yesterday at a two-month high. While banking stocks were an obvious gai...
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Banks poised to reduce rates again
The world's central bankers will try their best to boost confidence this week against a background of unremitting gloom. First up will be the US Federal Reserve led by Al...
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Investors warned over rates offers
A firm of independent financial advisers is warning Tessa investors that they could lose out if they roll over their tax-free money into equity-based products.
In a new...
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Make the switch to better rates
Thousands of people are earning miserable rates of interest in savings accounts operated by major high street banks when they could earn up to 20 times' as much ... simpl...
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US jobless rate soars
The US unemployment rate jumped 0.5% to 5.4% in October in the starkest evidence yet that America is lurching towards recession after 10 years of uninterrupted growth.
T...
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