Fed vows to peg rates until growth improves
The US Federal Reserve last night promised to hold interest rates at their lowest level for 45 years until the world's largest economy pulls out of its two-year stagnatio...
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Dow tumbles to two-month low on interest rate fears
Wall Street yesterday suffered its worst session in two and a half months as the Dow Jones index tumbled almost 150 points on renewed fears of terrorism and the prospect ...
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Healthy economy makes rate cut unlikely
The prospect of a cut in interest rates all but vanished today, as the service sector expanded at the fastest rate for over a year, while industrial output also showed he...
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CBI urges more rate cuts as confidence dips
The CBI will today urge the Bank of England to stand ready to make further cuts in interest rates in the coming months, as it warns that business confidence has fallen in...
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Home loans to cost more as fixed rates rise
The cost of fixed-rate home loans has started to rise in what could be a forewarning of across-the-board mortgage increases next year.
More than half - 53 per cent - of...
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Rate cut galvanises housing market
The number of people looking to buy a new house rose following the Bank of England's recent cut in interest rates, research showed today.
Around 16% of people said they...
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US jobless rate falls
The US jobless rate fell to 6.2% in July, the labour department said today, but only because discouraged job-seekers left the workforce as companies continued to axe work...
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We like bespoke annuity rates
By taking as many life expectancy factors into account as possible, some annuity companies are able to offer income levels up to 25% better than the standard rate. Annuit...
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We don't like high rates
We don't like high rates on personal loans. Following the drop in the Bank of England base rate, it is becoming more apparent that some lenders are taking advantage of th...
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SE Asian species dying at epic rate
Up to one-fifth of the world's plant and animal species could be wiped out within 100 years by deforestation in southeast Asia, according to a survey of extinction rates ...
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