Earnings rise fuels fear of rate increase
Record City bonuses powered a sharp acceleration in earnings in the latest quarter, prompting fresh jitters about higher interest rates.
Official figures published yest...
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Employment expert to rule on interest rates
Gordon Brown's desire to keep Britain's jobless rate on a downward trend was highlighted yesterday when he chose one of the country's leading labour market experts to joi...
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Labour tax plans will push up loan rates, warns Clarke
The government last night fought off all-party criticism of Gordon Brown's tax policies which his Conservative predecessor, Kenneth Clarke, warned would help to push up b...
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Rates relief for industry
Manufacturers and homeowners sighed with relief yesterday as the Bank of England's interest rate-setting committee voted to leave borrowing costs on hold, adding weight t...
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Interest rates: the Bank postpones the inevitable
Of all their recent decisions on interest rates, this was probably the one which kept the members of the Bank of England's monetary policy committee tossing and turning i...
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US puts up interest rates
The US central bank increased the cost of borrowing for the fifth time in nine months yesterday in an attempt to slow down the record-breaking US economy.
Yesterday's d...
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Inflation fears drive up eurozone rates
Signs of inflationary pressure in the 11 member countries of the eurozone prompted the European Central Bank to raise borrowing costs yesterday for the second time in six...
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ECB in the dock over exchange rate
With Rhodia just about to sign up a 1.2bn euro Anglo-US acquisition, thus increasing its exposure to sterling and the dollar, the chief of the French speciality chemicals...
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Woman, 81, jailed for not paying rates
An elderly spinster yesterday began a two-week prison sentence for owing £2,700 in rates.
Ellen Copson, 81, was jailed by magistrates at Droitwich, Worcestershire, ...
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Holiday buying binge adds to threat of higher rates
Shoppers went on a combined Christmas and millennium binge last month, raising fears that the Bank of England will deliver another blow to homeowners next month in the fo...
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