Interest rates held
The Bank of England today announced interest rates are to be kept on hold, confirming City expectations that the official cost of borrowing would not rise.
Chancellor G...
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Don't assume that interest rates have peaked
Gordon Brown's political opponents were no doubt praying that the Bank of England's monetary policy committee would react to the spending increases announced in yesterday...
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Sir Eddie warns that tax cuts would bring higher interest rates
Sir Eddie George, the governor of the Bank of England, delivered a strong warning yesterday that over-generous tax cuts or further big increases in public spending in tod...
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Unnatural rate of growth
In recent years, both the British and US economies have grown at a rate far exceeding what was regarded as their rate of growth of productive potential, but with minimal ...
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Diana's death prompted big rise in suicide rate
Public grief at the death of Diana, Princess of Wales, took a far more tragic twist in Britain than had been previously thought.
New research shows there was a dramatic...
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Top thinktank calls for increase in interest rates
One of the country's top economic thinktanks has urged the Bank of England to raise interest rates 0.5% to ensure the government hits its inflation target.
Siding with ...
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Breakthrough by British scientists may improve IVF success rate
UK scientists have devised a method of checking for chromosomal abnormalities in an embryo which they believe could improve women's chances of having a baby through ferti...
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Slow growth likely to peg interest rate
Hopes that interest rates would remain at 6% for the rest of the year were raised yesterday by news of a slowdown in economic growth.
Weaker activity in the services se...
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Spending spurs rate fears
High street spending surged ahead last month despite the fuel crisis, reawakening fears of higher interest rates to dampen demand.
Figures published yesterday by the of...
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Rate rises in Europe weaken euro
An attempt by the European Central Bank to shore up the euro appeared to backfire yesterday when the currency weakened in response to a surprise increase in continental i...
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