Unemployment rate rises to 5%
The UK labour market showed further signs of weakening today with the publication of figures showing that the number of people looking for work jumped by 111,000 in the t...
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How he rates: Izale McLeod, Milton Keynes Dons
As Milton Keynes Dons face the very real threat of relegation from League One, they have to decide which route to take during the transfer window with Izale McLeod. Plent...
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Bank changes may bring interest rate cut closer
With the imminent departure of Sir Andrew Large from the Bank of England at the end of the month, the interest rate-setting monetary policy committee will lose its most h...
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Interest rates held at 4.5%
The Bank of England today stuck to its wait-and-see approach as it kept interest rates unchanged at 4.5% for the fifth month running.
With retail sales holding up over t...
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TUC calls for early rate cut to safeguard 80,000 jobs
Manufacturing industry will lose 80,000 jobs this year if interest rates are not cut, according to research to be published this week by the TUC.
The Bank of England's m...
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Service sector upturn dampens hope of early interest rate cut
Britain's service sector ended 2005 on a high note as healthier order books and rising employment pushed business activity to its highest level in more than 18 months, it...
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How he rates: Kevin Foley, Luton Town
Mike Newell has been true to Luton's tradition of giving youth a chance since he took over as manager in 2003. In August he sold Curtis Davies to West Bromwich for £...
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How he rates: Alex Hains
The Nos Galan race has been run since 1958 and commemorates the exploits of Guto Nyth Bran (1700-37) of Llanwynno who accepted a challenge to run 12 miles from Newport to...
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Split vote at Bank of England lifts hopes of interest rate cut
The prospects of an interest rate cut early in the new year were heightened yesterday after minutes of the Bank of England's interest rate meeting this month showed one o...
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Expectations of cut in interest rates grow
Market expectations of a rate cut early next year rose as it emerged today that a Bank of England policymaker had favoured a reduction earlier this month.
Stephen Nickel...
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Fed raises US interest rates but signals change of mood
The US central bank, the Federal Reserve, bumped up interest rates by a quarter of a point to 4.25% last night, the highest level since the middle of 2001, but hinted it ...
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ING Direct to cut interest rate to 4.5% next month
ING Direct said yesterday that it would cut its interest rate from 4.75% to 4.50% from January 1, blaming "less favourable investment conditions". The Dutch-owned bank ha...
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Interest rates on hold at 4.5%
The Bank of England froze interest rates at 4.5% today, keeping the core rate unchanged for a fourth successive month.
Members of the Bank's monetary policy committee (M...
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EU in deadlock over move to retain lower VAT rates
A deal to retain lower VAT rates across Europe for business was in the balance last night after the new German coalition government threatened to veto the move.
Finance ...
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Manufacturing fall boosts expectations of rate cut
British manufacturing output unexpectedly fell at its sharpest pace in seven months in October, raising fresh concerns about the sector's recovery from recession.
Figure...
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Zero corporate rate goes in clampdown on loopholes
The chancellor executed a U-turn yesterday by scrapping the zero rate of corporation tax he introduced just three years ago in a bid to prevent self-employed people becom...
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Interest rates expected to hold steady
The Bank of England holds its latest interest rate meeting on Wednesday and Thursday with financial markets widely expecting the monetary policy committee to leave intere...
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There's no great mystery about cutting hospital death rates. All you need do is keep the really sick people away
University College London Hospitals trust is to attract patients by advertising itself as having the lowest death rates in the National Health Service. I couldn't make it...
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Defiant ECB opts for 'one-off' rate rise
The European Central Bank yesterday raised interest rates for the first time in five years. But Jean-Claude Trichet, the ECB president, gave a clear signal the bank has n...
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ECB increases interest rates
The European Central Bank today brushed aside concerns over a fragile economic recovery to raise interest rates for the first time in five years.
Despite European govern...
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ECB set to anger eurozone with rise in rates
Jean-Claude Trichet, the president of the European Central Bank, is preparing to risk the wrath of eurozone governments this week by raising interest rates in the 12-coun...
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MPC likely to freeze interest rates for winter
Interest rates look likely to remain at 4.5% for the foreseeable future while inflation remains above its 2% target, the Bank of England signalled yesterday. Minutes of t...
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MPC 'on hold' over interest rates
All nine members of the Bank of England's monetary policy committee agreed to keep interest rates at 4.5% this month amid more uncertainty than usual about inflation, min...
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Euro falls amid rate rise doubts
Jean-Claude Trichet, the president of the European Central Bank, gave the euro a fresh downward shove on the foreign exchanges yesterday when he surprised the financial m...
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John Francome rates Paddy Brennan
I went down to Philip Hobbs's before Cheltenham last year and I did some schooling with Paddy. I've watched him ride over the last two or three seasons and have been impr...
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Inflation report opens way for rate cut
The Bank of England is on course to meet its two-year inflation target of 2%, it said today, leaving the door ajar for a rate cut early next year.
In its quarterly infla...
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Interest rates stay unchanged for third month
The Bank of England today left interest rates unchanged at 4.5% for the third consecutive month amid expectations that inflation will remain above target for a while.
Th...
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Retailers demand festive interest rate cut
Struggling retailers are demanding a confidence-boosting cut in interest rates this week to kickstart the festive season on the high street.
'Christmas is going to be ch...
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Strong rebound in service sector puts paid to rate cut
The prospect of another interest rate cut this year faded yesterday after an influential survey of the services sector showed a strong rebound last month. The sector incl...
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Fed raises rates for 12th time - and warns of more pain to come
Rising inflation prompted the 12th successive increase in US interest rates last night, with a warning from the Federal Reserve that further rises in borrowing costs for ...
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