An Old Lady shows the way
Two meetings will be taking place on Thursday to decide appropriate interest rates within Europe - and their settings could not be more different.
One will be held in a...
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Raise your interest in banking from home
Savers looking for decent rates are being strongly urged to get out of branch-based accounts and go for telephone, postal, internet and mini-cash Isas instead. Many saver...
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ECB reluctant to cross the great divide
Europe's economic policymakers are at each other's throats. The language may be diplomatic but the divide between finance ministers and the European Central Bank is growi...
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Failing to look after your interests
Thousands of Alliance & Leicester savers will receive "windfalls" averaging more than £250 apiece after a banking watchdog this week ruled they were not being pa...
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ECB fails the test
There will be much hair-pulling today in European finance ministries at the European Central Bank's failure to lower the cost of borrowing.
In an act of economic pervers...
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Score points as you spend
When searching out the best credit card deal, the interest rates charged by various cards will be irrelevant if you are among the one in three British card holders who re...
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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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