Revised GDP figures point to rates cut
City analysts today predicted a cut in interest rates as early as this summer as official figures showed weaker economic growth than expected at the start of the year.
I...
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Retailers plead for rate cut
Hard-pressed retailers were last night demanding an immediate cut in interest rates from the Bank of England after the CBI reported that conditions on the high street wer...
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Bank pair voted for interest rate cut
The City was last night braced for the first cut in interest rates for two years after the Bank of England's chief economist warned that the weakness of growth required c...
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Two MPC members backed interest rates cut
Two Bank of England monetary policy committee members voted for a cut in interest rates earlier this month, Bank minutes revealed today.
City economists expressed surpri...
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Bank extends freeze on rates
The Bank of England yesterday held interest rates steady at 4.75% again but faced growing calls to cut borrowing costs to restore confidence to the consumer and the hard-...
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Interest rates expected to stay at 4.75%
The Bank of England is expected to announce today that interest rates have been kept on hold for the 10th month running.
The base rate has stood at 4.75% since August 20...
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Retailers call for interest rate cut
British retailers said last night they were facing a consumer-led recession as the slump in high street sales continued, and they called on the Bank of England to cut the...
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Spending slump prompts calls to cut interest rates
Fears that consumer spending, the main driver of economic growth, is in unstoppable decline will be fuelled this week with fresh evidence of a high street slowdown.
The...
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ECB holds interest rates for 24th month as Trichet denies talk of euro's demise
The European Central Bank refused again yesterday to cut interest rates to boost the flagging eurozone economy, leaving its key repo rate at 2% for the 24th month in a ro...
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Manufacturing woe raises rate pressure
Pressure was mounting on the Bank of England to make a cut in interest rates last night after the worst performance from manufacturing in two years and evidence of slacke...
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Companies call for rate cut to push UK growth
Britain's hard-pressed companies last night called for action, not words, from the Bank of England to stimulate the economy after a slump in factory output and sluggish c...
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Reform and cut rates, 'flagging' Europe warned
The OECD warned Europe's leaders yesterday that failure to embark on root-and-branch reform of the continent's chronically under-performing economy would put the credibil...
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New interest rates rise 'unlikely
The Bank of England will probably not have to raise interest rates because of weaker growth prospects, the Organisation for Economic Cooperation and Development said toda...
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Lone voice calls for rate rise at Bank
Further signs that interest rates may have peaked came yesterday with news of slower growth in average earnings and a rise in the claimant count.
In addition, minutes f...
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Bank minutes show poor sales holding rates steady
Only one Bank of England policymaker voted to raise interest rates earlier this month, it emerged today, as the majority remained preoccupied with a slowdown in consumer ...
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Students line up to rate their universities
Six out of 10 final-year students have taken part in the biggest ever survey of student opinion, disclosing in detail how they rate their academic experience at universit...
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Breast cancer survival rates improving
Breast cancer treatments designed to prevent a return of the disease after surgery have had a dramatic impact on the long-term survival of women, scientists report today....
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Welsh colleges urged to address staff absence rates
High levels of absence among further education lecturers in Wales are disrupting students' learning and costing ?9m in year in lost time and replacement staff, a new repo...
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Why do suicide rates peak in the spring?
Psychiatrists have been scratching their chins over this one for years. Counterintuitively, the arrival of spring and the long sunny days it ushers in, mark a staggering ...
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Bank of England hints interest rates have peaked
Expectations that interest rates might come down this year grew yesterday after the Bank of England signalled it was unlikely to raise them in the near future.
The gove...
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Retailers press for lower rates
Labour's third-term stewardship of the economy got off to the worst possible start today with news of a spring slump in consumer spending and evidence of the steepest dro...
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I wasn't offered the headline rate
Q I am currently looking for a loan to consolidate the debt I amassed while studying at university and living away from home. I applied for a British Gas loan - 5.9% annu...
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Flat house prices bear down on rates
The Bank of England's monetary policy committee, due to report on Monday, has come under further pressure to leave interest rates unchanged after it emerged that house pr...
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Interest rates up again in the US
The US Federal Reserve responded to signs of growing inflationary pressure in the world's biggest economy last night by raising interest rates for the eighth time in a ro...
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Bank expected to hold interest rates
Weak economic data today all but ensured that the Bank of England would hold interest rates steady next week.
A manufacturing survey by the Chartered Institute of Purcha...
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Cancer rates double in 30 years
Breast and lung cancer rates have doubled worldwide since 1975, according to a study published today.
More than 1.1m cases of breast cancer are now diagnosed across the ...
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CBI warns Bank over interest rates
The Bank of England must avoid a premature rise in interest rates, the Confederation of British Industry said as it reported a sharp fall in manufacturing orders today.
...
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Weak sales leave no room for rate rise
The chances of an interest rate rise next month receded yesterday after data showed retail sales unexpectedly fell in March, adding to the sense of gloom surrounding the ...
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National Savings boosts interest rates
National Savings and Investments (NS&I) today increased the interest rates on some of its fixed-rate products.
NS&I said the change followed an upward movement in market...
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Bank voted 7-2 to keep rates unchanged
Two members of the Bank of England's monetary policy committee again voted for a rise in interest rates earlier this month, it was revealed today.
Minutes of the MPC's A...
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