Factory data raises fears of interest rate increase
The price of goods leaving British factories climbed again last month, driven by rising world commodity increases and a determination by manufacturers to pass on higher c...
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Greenspan's upbeat comments may signal US rates rise
Federal Reserve chairman Alan Greenspan appeared to clear the path for another rise in US interest rates yesterday when he delivered a moderately upbeat assessment of the...
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Shops blame rate rises for sales fall
Britain's retailers attacked the Bank of England today after higher interest rates and dismal weather meant shops suffered a "washout" in August.
Activity fell last mon...
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ECB maintains rate freeze and shrugs off inflation fears
The European Central Bank yesterday kept interest rates on hold as it sought to strike a balance between improving growth prospects and the impact of higher oil prices.
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Divorce rate surges as friends are reunited
Internet sites such as Friends Reunited are unwittingly fuelling a surge in marital break-up as bored husbands and wives contact old flames, relationship counsellors warn...
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DTI rejects rate cap for loans
The imposition of a maximum rate of interest lenders can charge was ruled out yesterday by the government but ministers have left the door open for a possible rethink in ...
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CBI calls for caution on rate rises
The Confederation of British Industry today urged the Bank of England not to "overdo the rate rise medicine" as it cut its predictions for economic growth next year.
In ...
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No cap for lending rates
The government will not impose a limit on the level of interest lenders can charge consumers, it announced today.
The Department of Trade and Industry said research had...
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Return on savings drops despite rates rise
National Savings & Investments today announced it was reducing the returns paid on its fixed rate savings products despite the recent rise in interest rates.
The Treasu...
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Bank unanimous on rates rise
The Bank of England's monetary policy committee voted unanimously to raise interest rates this month, minutes of their August meeting showed today.
The news that all nin...
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