Consumers urged to check savings rates
Consumers need to check their savings rates after some high street banks cut the interest they pay by up to 0.6%, a financial website warned today.
Moneyfacts.co.uk said...
|
Flat rate seduction
The concept of a flat rate tax - an idea that is about to sweep the world according to its supporters - has a very seductive charm about it.
Everyone despairs of the com...
|
Plea for rates cut in wake of bombings
Westminster city council has written to the Chancellor demanding a rebate on business rates for firms badly hit by the London bombings.
The council said it had been inun...
|
Bank governor voted against cut in rates
The most serious schism in the Bank of England's monetary policy committee since it was granted operational independence in 1997 was laid bare yesterday after it was reve...
|
Eriksson rates this team the best
A manager always wonders what state his players will be in by the end of the season, but in a World Cup year morale too must be nursed. In Denmark yesterday most thoughts...
|
Bank was split over rates cut
Bank of England policy makers only just voted for a cut in interest rates earlier this month, Bank minutes showed today.
Confounding City analysts who had thought a vote...
|
Bank will think hard before reducing rates again
Those expecting this month's cut in interest rates from the Bank of England to be the first of a series can forget it. That might have been the way the Bank has operated ...
|
Baccalaureate drop out rate tops 50%
More than half the students who started a pilot baccalaureate course have dropped out before taking the exams, it was revealed today.
While 700 pupils enrolled in the c...
|
Property market 'slows despite rate cut
The average asking price of a UK home fell 0.2% over the last month, the property website Rightmove said today.
This follows a decrease of 1% in July, meaning prices hav...
|
Fed raises US rates again in war on inflation
The US Federal Reserve raised interest rates another quarter of a point yesterday for the 10th consecutive time since June 2004 in an effort to keep inflation in check in...
|
Inflation report puts rate cuts in doubt
The Bank of England today poured cold water on expectations of further cuts in interest rates, with inflation projected to rise above target in two years' time.
In its A...
|
Services pick-up unlikely to halt interest rate cut
A significant measure of the economy's dominant services sector showed an unexpected pick-up last month but analysts remain confident that the Bank of England will cut in...
|
Bank cuts interest rates to 4.5%
The Bank of England today cut interest rates for the first time in two years amid overwhelming evidence of a weakening economy.
In a widely expected move, the Bank's mon...
|
July's poor retail sales add to pressure for rate cut
Retail sales remained close to a 22-year low last month, the CBI said yesterday, providing further reason for the Bank of England to cut interest rates tomorrow.
The CBI...
|
Rate cut hopes fail to lift housing
Despite the widely held expectation that the Bank of England's monetary policy committee will cut interest rates tomorrow, firms in the housing sector fared badly yesterd...
|
CBI urges rate cut after weak sales
The Confederation of British Industry today called on the Bank of England to cut interest rates as retail sales remained weak in July.
According to the CBI's monthly dis...
|
Bank set on rate cut to revive economy
Policy makers at the Bank of England are poised to cut interest rates this week for the first time in two years to prop up the ailing consumer sector and kick-start reces...
|
Abortion rates increase by 2%
More women than ever are undergoing abortions, according to government figures published today. The total number of abortions last year was 185,400 across England and Wal...
|
Rate cut needed to boost industry, CBI says signals confidence remains
British manufacturers experienced a slight upturn in output in the last quarter, the CBI said yesterday, but it warned that "big question marks remain" for the sector as ...
|
CBI calls for interest rate cut
The Confederation of British Industry today called on the Bank of England to cut interest rates next month as it reported a further deterioration in confidence among manu...
|
To death and taxes add a rate cut
Yesterday's news that the Bank of England's monetary policy committee teetered on the brink of cutting interest rates this month surprised many in the City.
Most had exp...
|
US rate rises will continue
Federal Reserve chairman Alan Greenspan said last night economic growth in the US was solid and the Fed would continue to increase the cost of borrowing.
Giving his last...
|
The rate tart's art faces extinction
Being a master at poker isn't the only way to make money playing cards these days - you can also try your hand at "the credit-card game", advised Andrew Stuart in Your Mo...
|
Is First Direct conning us with its Isa rates?
Q First Direct's mini cash e-Isa has an introductory rate of 6.08%, fixed until October 6 2005, after which it falls to 4.22%.
First Direct claims that this introductory...
|
Bank holds interest rates
The Bank of England today held interest rates at 4.75% for the 11th month running in a decision overshadowed by a series of suspected terrorist attacks in London that sen...
|
Services output rise stymies rate cut hopes
The prospect of an interest rate cut this week faded yesterday as an important report on the country's dominant services sector came in stronger than expected and showed ...
|
Retail slump to hasten rate cut
Fresh evidence that shoppers are holding on to their money is expected this week when the monthly sales data from the British Retail Consortium will show spending continu...
|
Little 'uns accounts that pay big rates
While children are more likely to be interested in the free piggy banks, soft toys and colouring books on offer, parents opening a savings account for their offspring wou...
|
Pressure to cut interest rates eases
Pressure on the Bank of England to cut the cost of borrowing next week eased yesterday as the latest survey of Britain's manufacturing sector showed it was in better shap...
|
City gears up for rate cut
Falling consumer confidence, weaker growth and a stagnant housing market pushed the pound to its lowest levels for nine months last night as the City geared up for a cut ...
|
Latest press releases
