Fed holds firm by fixing rates for six weeks
The United States Federal Reserve last night reaffirmed its determination to underpin recovery in the world's largest economy with rock-bottom interest rates when it left...
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Home buyers ignore rate rise fears
The prospect of a rise in interest rates has failed to dampen demand in the housing market, with prices continuing their upward surge, according to figures out today.
T...
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Retail surge makes rate rise likely
Steady economic growth in the third quarter and a bounce in retail sales last month today reinforced expectations of a rise in interest rates next month.
For the three m...
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Resist interest rate rise pressure, CBI urges Bank
The CBI last night urged the Bank of England to resist pressure for an early rise in interest rates when it warned that a premature tightening of monetary policy risked c...
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BCC calls on Bank to hold off on rate rises
Britain's long-suffering manufacturing sector is "stuck in the slow lane", as services firms accelerate towards recovery, the British Chambers of Commerce warned yesterda...
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Violent offences rise by 12% but overall crime rate falls
Violent crime, excluding robberies and sex offences, has risen by 12% in the past year, according to new crime figures to be published today.
Toby Harris, chairman of t...
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We like Northern Rock's rate cut
Big news in the loans market this week comes from Northern Rock. The bank has thrown down the gauntlet to rivals by reducing its unsecured personal loan rate to just 6%.
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We don't like Portman's rate cut
Portman Channel Islands will cut three of its variable rate savings accounts on Monday. The former star of the best buy selection will slash its offshore 60 account by a ...
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Rate standstill gives embattled exporters a break
The Bank of England yesterday heeded the pleas of manufacturers and left interest rates on hold at their 48-year low of 3.5%, after news of a widening in Britain's trade ...
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Bank keeps interest rates at 48-year low
The Bank of England today kept interest rates at their current 48-year low of 3.5% for the third month running, with the move coming amid conflicting signs over the state...
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