Rates may climb higher
The Bank of England indicated today that interest rates may have to start rising later this year in order to keep a lid on inflation.
The minutes of this month's me...
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Greenspan hints at further rate cuts
The Federal Reserve chairman, Alan Greenspan, today held out the prospect of lower interest rates if US economic growth does not pick up soon.
But any additional reducti...
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Genes may influence twin divorce rates
American scientists have found that in marriages where one partner is an identical twin, the likelihood of divorce may be increased depending on the marriage status of th...
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MPC under attack as rates are left on hold
British industry yesterday attacked the Bank of England's decision to keep interest rates on hold as a missed opportunity to offset the impact of the global economic slow...
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Rate hold fuels City speculation
Managing an economy which is going in two completely different directions is no easy task, as the Bank of England's deputy governor Mervyn King admitted recently.
Today...
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Industry pleads for rate cut to head off recession
Britain's industrial leaders yesterday urged the bank of England to cut the cost of borrowing again this week to prevent a full-blown recession in manufacturing spilling ...
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How to find the cheapest rate
Some lenders, including Lloyds TSB and Royal Bank of Scotland, offer better rates to internet customers than they do to people who apply in person at a branch or over the...
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Infant death rate near worst in EU
Britain has the second highest infant mortality rate in the EU, according to figures published yesterday by the office of national statistics suggesting a failure to keep...
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Fed cuts rates for sixth time
The US Federal Reserve last night cut interest rates for the sixth time this year in its continuing battle to keep the American economy from sliding into recession.
Las...
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Fed cuts US rates by 0.25%
The US Federal Reserve Board today cut interest rates by 0.25% to 3.75%, the lowest since April 18, 1994, amid increasing signs that America is already in recession.
It ...
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