ECB leaves interest rates unchanged
The European Central Bank has left interest rates unchanged today at 3.25%, after the successful cash launch of the euro.
The bank's 18-member policy council ignored pl...
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FSA cautions life insurers over annual bonus rates
Millions of investors with endowments and personal pensions can expect their money to grow more slowly over the next 12 months after life insurers were yesterday warned t...
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Fed warns of slow recovery as rates fall to 40-year low
The US Federal Reserve last night doused hopes that the world's biggest economy was on course for a rapid recovery from recession when it cut interest rates for the 11th ...
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Spending boom halts rate cuts
As new figures from Britain's retailers show consumer spending holding up, the Monetary Policy Committee is expected to leave interest rates unchanged when it meets on We...
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OECD backs more rate cuts as slowdown bites
The west's leading think tank last night gave its seal of approval to further cuts in UK interest rates after warning that the global economic slowdown puts Britain's rob...
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Revealed: the hospitals with the worst death rates in Britain
A hospital in Coventry is expected to be named tomorrow as the worst in the country for heart bypass operations. Over the past three years, 40 more patients have died at ...
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ECB changes tack on rates too late
April is the cruellest month, Breeding lilacs out of the dead ground," according to TS Eliot. Euroland should be so lucky.
Even the European Central Bank has now finall...
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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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