Benefits staff get up to 12 times rate for millennium work
Civil servants working for the government's benefits agency stand to earn 12 times the normal rate if they volunteer to work on new year's eve, according to a survey of m...
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US jobs growth prompts fears of rate rise
Expectations of a rise in American interest rates this month increased sharply yesterday after figures showing the economy still powering ahead.
Employers in the United...
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Interest rates on hold as manufacturing output falls
Fears of an early rise in interest rates receded yesterday as the Bank of England left borrowing costs on hold at 5%, and official figures showing a surprise drop in manu...
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Bank of England leaves interest rates unchanged
The Bank of England has left its benchmark interest rate unchanged at 5.0% for the second month in a row, as growth gathers pace and inflation heads downwards.
Today's ...
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Upturn fuels rate rise fears
Evidence of a sharp pick-up in economic growth, fuelled by more robust consumer spending, added to fears yesterday that interest rates might be increased to keep the lid ...
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Dead zones in the oceans and a rate of extinction 1,000 times faster than evolution
Humans have created at least 50 dead zones in the sea with little or no oxygen - and altered almost half of the land surface of the planet.
We are extinguishing other s...
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Pound surges as traders bet on interest rate increase
The pound powered to a two-month high against the dollar on foreign exchanges yesterday after government figures showed that the pace of economic recovery is accelerating...
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US rate fears topple European shares
Worries that the US Federal Reserve will soon be forced to raise interest rates sent financial markets slumping in the US and Europe yesterday.
On the foreign exchanges...
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George should follow US in warning of rate change
Eddie George, the governor of the Bank of England, should take a leaf out of his American counterpart Alan Greenspan's book and tip off the markets each month about the f...
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British Steel seeks rate cuts
Sir Brian Moffat, chairman of British Steel, yesterday urged further cuts in interest rates to bring sterling down to a more competitive level and help restore profitabil...
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