Relief as rates are held
The Bank of England spared businesses and homeowners from dearer borrowing yesterday, leaving base rates on hold at 5.25%. Industry and union leaders greeted the news wit...
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Fed keeps rates on hold - for now
The US Federal Reserve kept American interest rates on hold last night, but unsettled the markets by leaving the door open for a rise in the cost of borrowing later on th...
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Interest rates are set to rise
Consumers and businesses in the UK, Europe and the United States face the prospect of dearer borrowing this week, as central banks threaten a triple whammy of interest ra...
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Factory output grows at fastest rate for two years
Britain's manufacturing recovery gathered strength last month with surging domestic demand and reviving export orders generating the fastest pace of expansion for nearly ...
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Fresh face in cyberspace raises the rates
The world of banking is set for a shake-up when an internet-only bank opens for business with the promise of best buy savings rates on balances of £1-plus.
first-e...
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Dow bounces back on rates relief
Signs that the American economy may be cooling without the need for further increases in the cost of borrowing prompted a buying spree on Wall Street yesterday.
The Dow...
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Rate rise fears prompt Wall Street sell-off
Fears that the Federal Reserve might be forced into further increases in interest rates to cool the booming US economy sent shivers through Wall Street yesterday, prompti...
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US rate rise aims to stop boom becoming bust
Fears of higher interest rates around the world were raised last night when the US Federal Reserve board aimed a pre-emptive strike at inflation by increasing the cost of...
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Odds against a British rate rise
In June Britain clocked up a record import bill, according to yesterday's official figures. Good news or bad? Using the Macawber approach to economics the news is undoubt...
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Welcome debate on top tax rate
William Hague's suggestion that the top-rate tax threshold could be raised (40p tax not sacrosanct, August 16) should be an opportunity for a proper debate on taxation. O...
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