Summer bounce lifted high street sales, says CBI
Retail sales grew at their fastest pace for nearly two years in August as consumers took to the shops despite the rise in interest rates, the CBI said yesterday.
Further...
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Life is getting more interesting for savers
Savers have not had the most welcome news in the past few weeks, with most banks and building societies either delaying putting rates up following the Bank of England rat...
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Resurgent Germany overtakes Britain and US
The mainland European economy, buoyed by a resurgent Germany, is expanding at its fastest rate for six years, outstripping Britain and the US, fresh figures showed yester...
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Oil price and dollar plunge as American growth stalls
Oil prices plunged and the dollar fell sharply last night amid fears that the US economy is buckling under the weight of rising interest rates and the threefold increase ...
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Retail's warm spell to end next month, CBI tells Bank
Richard Lambert, the new head of the CBI, warned the Bank of England against an immediate rise in interest rates after the employers' organisation put a summer surge in c...
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Fearful markets eye the Fed
Financial markets are braced for a fresh wave of volatility this week as the US Federal Reserve prepares to push up interest rates to their highest level for five years.
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Markets shiver after Bernanke coughs
Global markets suffered another turbulent day on continuing worries about higher inflation, slowing global growth and rising interest rates.
The FTSE 100 index of leadin...
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Ten things that you need to know about...
1. These accounts pay a fixed rate of interest over a defined period. The interest paid on the account will therefore not be affected by changes in interest rates during ...
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Holding pattern
Tomorrow, the Bank of England is likely to disappoint those who have been clamouring for a cut in interest rates. Barring a major surprise, the nine members on the Bank's...
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New lifeline offers escape for victims of loan sharks
Not long ago, Tracey Laming, a 32-year-old single mother from Park Hill, Sheffield, hid behind her sofa with her two children when the loan sharks knocked on her door. No...
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