Fed ready to cut again
The US Federal Reserve will cut interest rates by at least another percentage point to stave off recession and shore up confidence in fragile global markets, America's fi...
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Bank reaction too slow
We have learned to expect the European Central Bank (ECB) to be the laggard in responding to world economic events with interest rate moves, but today's 0.25% cut by the ...
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Very hairy and very scary
Gloom swept world stock markets yesterday as bad economic and corporate news piled up, raising fears that recession is around the corner. The FTSE closed down 111.7 point...
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Growing pains for European bank
Unlike its American counterpart, the Federal Reserve, the European Central Bank has taken an ultra-cautious stance on interest rates. Whereas the Fed has cut rates seven ...
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Boys narrow the gap in GCSEs
Boys have narrowed the gap with girls at GCSE level in the results published today and pass rates have risen again, but last night headteachers and business leaders voice...
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Attack on 'bog-standard' degrees
Students across England, Wales and Northern Ireland celebrated the best-ever set of A-level results yesterday amid a cacophony of complaints from rightwing educationalist...
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Which cook will serve the economy best?
Yesterday lunchtime the Bank of England's monetary policy committee caught everyone on the hop by cutting UK interest rates. Three quarters of an hour later the European ...
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ECB ignores case for cut
The European Central Bank yesterday shrugged off evidence of a worse than expected slowdown in the global economy and kept interest rates in the 12-nation zone unchanged ...
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Ernie is a prize meanie now
Falling interest rates don't just deal a blow to savers - they also spell bad news for the UK's 23m premium bond holders.
National Savings is lengthening the odds again...
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Fed boss tries to soften US economy's landing
Wall Street widely expects the US Federal Reserve to cut interest rates today. The question is: by how much?
Will it be 0.5%, the amount the US central bank shaved off ...
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