IMF: from rates to ratings
Last week we saw how the Bretton Woods system of 'fixed rate but adjustable' exchange rates collapsed in the early 1970s. But this did not mean that the famous institutio...
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CBI furious at council leaders' call for locally controlled business rates and income tax
Council leaders in England called yesterday for a sweeping reform of town hall finances by transferring a proportion of income tax to directly fund local services. This w...
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We don't like the Big Four rates
It's common knowledge that the big four banks have some of the most uncompetitive rates on loans around. To borrow £5,000 from HSBC you'd be charged 13.9%.
NatWest...
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Rate rises on hold as shoppers stay away
Expectations that interest rates would rise next month, after yesterday's reprieve from the Bank of England, were confounded last night with news of a tough time for reta...
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UK growth puts rate rise on the agenda
Britain's economy grew more quickly than expected in the third quarter of the year, supporting City expectations that interest rates are likely to rise early in the new y...
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Number of top-rate taxpayers 'to reach four million
The number of people paying the highest rate of income tax will reach four million within five years, a leading thinktank predicted today.
The Institute for Fiscal Stud...
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Deputy governor 'voted for December rate rise
The Bank of England's deputy governor voted to raise interest rates earlier this month, minutes from the monetary policy committee meeting showed today.
However, Andrew ...
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House hunters ignore rate rise
Homebuyers appear to have shrugged off the recent interest rate rise, according to a report out today.
The Royal Institution of Chartered Surveyors says the number of h...
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National drop-out rates fall but fail to improve in London
Drop-out rates have fallen slightly at UK universities and colleges but are still sitting at more than one in three students at some institutions, according to figures pu...
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HSBC calm about rate rise effect
HSBC is concerned about the impact rising interest rates may have on unemployment because this could affect its customers' ability to repay their debts.
But Douglas Fli...
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