Clampdown on tax havens
The government yesterday signalled a crack-down on the use of British dependent territories as tax havens by UK firms.
Chancellor Gordon Brown is seeking to close tax l...
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Industry appeals to Bank as north-south divide grows
Engineering industry leaders yesterday urged the Bank of England to keep interest rates on hold for the forseeable future, warning that a further rise in borrowing costs ...
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Inflation fears give world's markets the jitters
A fresh wave of jitters over the possibility of another rise in US interest rates swept Wall Street yesterday after the release of figures pointing to an unexpected jump ...
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Driven by the fear of bust and boom
There were red faces in the City yesterday when the Bank of England announced that interest rates were going up. Straw polls had shown that the Square Mile's lavishly pai...
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Millions hit by Tessa rip-off
Millions of savers with tax exempt special savings accounts (Tessas) are receiving up to a third less interest than individual savings account (Isa) holders, even thoug...
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CBI: Brown was right on growth
Industry leaders yesterday said that further interest rate cuts will be needed to safeguard Britain's fledging economic recovery unless the pound falls against other worl...
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CBI sees pay rises falling back
Fears that the lowest unemployment for almost two decades will lead to higher interest rates by igniting inflation in the labour market will be countered today with the C...
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A touch on the brakes
In one of the most trailed decisions in its history, the US Federal Reserve yesterday raised interest rates by 0.25 per cent. The world will now wait anxiously to see whe...
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Economy grinds to a halt
Britain's longest period of postwar economic expansion ground to a halt in the first three months of 1999 as last year's interest rate rises and the strength of the pound...
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Record fall in high street sales
Hopes of lower interest rates are kept alive by a survey published today showing a record fall in high street sales in April.
Takings by the major retailers fell 4.6% l...
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