Call for rate cut as sales burst peters out
Retailers today call on the Bank of England to cut interest rates this week after the latest snapshot of consumer activity showed the burst of spending in the new year sa...
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Rates on hold despite retail slump
High street retailers basking in the glow of a better-than-expected Christmas will come crashing back down to earth this week.
Figures published on Tuesday by the Britis...
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Greenspan bows out with final rise in interest rates
Alan Greenspan last night marked the end of his eighteen and a half-year stint at the helm of the Federal Reserve with an increase in interest rates designed to prevent h...
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Bank majority kept rates unchanged
A member of the Bank of England's monetary policy committee broke ranks with his colleagues when he voted for a cut in interest rates for the second month running, it eme...
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Switchers feed credit card rate increases
Credit card customers of two of the UK's largest retailers are to see the rate they pay on their borrowing increase, despite the bank base rate remaining unchanged since ...
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Unemployment rate rises to 5%
The UK labour market showed further signs of weakening today with the publication of figures showing that the number of people looking for work jumped by 111,000 in the t...
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How he rates: Izale McLeod, Milton Keynes Dons
As Milton Keynes Dons face the very real threat of relegation from League One, they have to decide which route to take during the transfer window with Izale McLeod. Plent...
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Bank changes may bring interest rate cut closer
With the imminent departure of Sir Andrew Large from the Bank of England at the end of the month, the interest rate-setting monetary policy committee will lose its most h...
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Interest rates held at 4.5%
The Bank of England today stuck to its wait-and-see approach as it kept interest rates unchanged at 4.5% for the fifth month running.
With retail sales holding up over t...
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TUC calls for early rate cut to safeguard 80,000 jobs
Manufacturing industry will lose 80,000 jobs this year if interest rates are not cut, according to research to be published this week by the TUC.
The Bank of England's m...
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