Bank throws industry rate cut lifeline
Britain's hard pressed exporters were thrown a lifeline by the Bank of England yesterday when its nine-strong monetary policy committee responded to the strong pound with...
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Bank of England cuts interest rates
The Bank of England today threw a lifeline to exporters struggling due to the high value of sterling, cutting interest rates to their lowest level for more than 20 years....
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Another cut in interest rates
The Bank of England today resumed its downward drive on interest rates cutting the cost of borrowing by a quarter
point.
After last month's pause for breath, the Bank'...
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Captains of industry renew call for rate cut
Industry leaders renewed calls for the Bank of England to cut interest rates at its meeting today as new figures showed manufacturing sliding deeper into recession.
Wh...
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Bets on for a cut in interest rates
The Bank of England's Monetary Policy Committee will announce its decision at noon on Thursday, when a majority of economists expect a quarter-point cut in the current 5....
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Ministers mock SNP over 'gaffe' on tax rates
Labour yesterday trained its big guns on the Scottish Nationalists' 'third major gaffe' of the devolution
election campaign, after the party's economic spokesm...
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Ministers mock SNP's 'third gaffe' on tax rates
Labour yesterday trained its big guns on the Scottish Nationalists' 'third major gaffe' of the devolution election campaign, after the party's economic spokesman outlined...
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Greenspan keeps interest rate on hold
The US Federal Reserve fulfilled financial market expectations by leaving interest rates on hold last night despite signs that the economy has shrugged off the effects of...
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Spring and lower rates boost housing market
The approach of spring and the lowest mortgage rates for 33 years are fuelling an upturn in the housing market, new figures revealed yesterday.
Lenders approved 87,000...
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Egg rate falls below 6% as losses mount
Egg, the savings account that has reeled in ?5bn from 500,000 savers since its launch last October with the lure of market-leading interest rates, last night cut its rate...
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