Internet bank gets Egg on its face again
Egg, the internet bank, has apologised to a saver after his account was wrongly credited with more than £300,000 of phantom cash. Simon Bunn, 32, opened his account ...
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Euro sinks to new low
The impotence of Europe's policymakers to prop up the ailing single currency was demonstrated yesterday when the euro plunged to new record lows against the dollar within...
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Keep them down
A fresh increase in interest rates looks likely after the news of a 6.1% rise in average earnings in the year to February. This is way above the 4.5% that the Bank of Eng...
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Panic selling on Wall Street
Panic selling on Wall Street sent share prices tumbling on both sides of the Atlantic last night as fears of higher US interest rates sent tremors through the markets.
B...
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Why loan sharks still make a killing
While the government gets further involved in the political flak from the Barclays Bank decision to close 172 branches this weekend, it seems to have shelved a report it ...
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Savers can hit the market in peak condition
One result of the recent rises in interest rates has been a spate of launches of new limited-issue, fixed-rate bonds. Several banks and building societies now offer saver...
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The choice of the experts
Investment firms desperate to attract new Isa business are bombarding potential investors with advertising on TV, in the press and even through the letter box.
Each fir...
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No change: for this month, at least
The Bank of England left interest rates on hold today but the sense of relief felt by businesses and homeowners is likely to be temporary.
The "no change" decision was w...
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Economy risks boiling over, IMF warns Brown
The world's top financial authority said last night that the Bank of England will need to raise interest rates again this year to prevent the British economy overheating....
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Time to deal yourself a new hand of cards
While the official cost of borrowing is on the rise -four interest rate increases in six months, and more expected - many credit card rates have been steady for some time...
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