Generosity' blights City hope of interest rate cut
City expectations of further interest rate cuts were being scaled back last night in the wake of a budget package that analysts reckoned would give a boost to the economy...
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Tax: 'a cut from next April in the basic rate of income tax to 22p
We promised to get inflation and interest rates under control, to sort out the public finances, to make this the Government of economic competence and we have.
We promi...
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Fund managers shed pessimism at record rate
Economic optimism among fund managers registered its largest increase yet in March, according to a survey published yesterday which illustrates the dramatic pick-up in se...
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Tax: 'a 10p starting rate
We said in our manifesto that we would introduce a 10p starting rate of income tax for individuals when it was prudent to do so. I repeated in the last Budget that we wou...
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Chancellor will aim for rate-cut Budget
Gordon Brown is planning a fiscally neutral Budget on Tuesday, despite speculation that he could unveil a taxpayers' bonanza.
City analyst Douglas McWilliams, of the Ce...
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Home-loan rates cut by an average ?10 a month
Millions of home owners were yesterday handed their fourth mortgage rate cut in as many months, lopping ?9- ?11 off the monthly payments for a typical borrower.
Severa...
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Engineers call for interest rate cut to rescue industry from the doldrums
The British engineering industry yesterday greeted the prospect of a firm euro and a decline in the value of sterling as a 'glimmer of light' for a sector mired in recess...
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Nature rates second to uranium mine
Aboriginal and green groups say the Australian government faces international embarrassment after a United Nations World Heritage committee called for the scrapping of a ...
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Brown gives Bank independence to set interest rates
The Chancellor, Gordon Brown, set the seal on a frenetic first 100 hours of activity by the Blair government when he stunned the City and Westminster yesterday by h...
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Pound drops out of ERM: Second rate rise revoked after rout in money markets
The government last night suspended Britain's membership of the Exchange Rate Mechanism after a tidal wave of selling the pound on the foreign exchanges left it defencele...
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