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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ECB hints next rate move may be up
Wim Duisenberg, president of the European Central Bank, stepped in to shore up the euro yesterday by dropping a broad hint that the next move in Euroland interest rates w...
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US eases up interest rates
The Federal Reserve sought to take the froth off the booming American economy yesterday when it nudged up interest rates for the first time in two-and-a-half years - but ...
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US rate alert rattles financial markets
Financial markets around the world this week are facing one important question - by how much will American interest rates be raised?
The issue is no longer if the Feder...
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