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Thursday 6th March 2008
Bank of England sticks at 5.25% The Bank of England has kept interest rates at 5.25 per cent, despite slowing consumer spending. Several reports have suggested that the UK might be moving towards recession due to the ongoing cre...
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Tuesday 4th March 2008
Thoresen: National financial help service should be set up A national service for people to share their money worries with experts has been recommended by the chief executive of insurer Aegon UK, Otto Thoresen. Mr Thoresen was hired by the treasury to con... |
Thursday 21st February 2008
Public transport delays hitting UK businesses Delays caused to worker's commutes by public transport are costing UK businesses millions of pounds every month, it has been revealed. A poll conducted by Abbey Business Banking found that the av... |
Wednesday 20th February 2008
BoE voted for cut by 8-1 The Bank of England's (BoE) monetary policy committee (MPC) approved last month's 0.25 per cent reduction of the base rate of interest by eight to one, minutes from the meeting reveal. Earlier th... |
Tuesday 19th February 2008
Consumer spending to slow in face of crunch UK banks' adoption of more stringent lending criteria is set to significantly cut consumer spending levels this years, a member of the Bank of England's monetary policy committee has predicted. T... |
Monday 18th February 2008
Bankruptcy applications at record levels Applications for bankruptcy in the UK hit record levels last year, government figures reveal. Over the course of 2007, 53,114 Briton submitted requests to go bankrupt, a slight rise from a figure... |
Thursday 14th February 2008
New report adds to retail gloom A new report from Verdict Research has added to the gloom being predicted for the UK retail sector this year. According to the report, reduced spending among consumers in 2008 will see like for l... |
Wednesday 13th February 2008
Bank of England cuts growth projection The governor of the Bank of England has issued gloomy projections for the state of the UK economy this year. In November, Mervyn King said that expansion will slow this year from its current rate... |
Thursday 7th February 2008
Bank cuts base rate by 0.25% As had been widely anticipated by analysts, the Bank of England today cut the base rate in inflation by 0.25 per cent. The move brings the key lending rate down from 5.5 per cent to 5.25 per cent... |
Thursday 24th January 2008
MPC almost unanimous over rate freeze The Bank of England's monetary policy committee voted 8-1 to keep interest rates at 5.5 per cent at January's meeting. According to the minutes of the meeting, only David Blanchflower voted again... |
Friday 11th January 2008
Bank holds base rate The Bank of England has held interest rates at their current level, as had been widely predicted. Analysts had suggested that the most likely course of action for the bank's monetary policy commit... |
Thursday 10th January 2008
Interest rates expected to remain unchanged Analysts are predicting a decrease in interest rates - but not until February at the earliest. A poll of experts has suggested that the Bank of England's monetary policy committee (MPC) will not l... |
Friday 7th December 2007
Bank cuts base rate The Bank of England's monetary policy committee (MPC) has decided to drop interest rates by a quarter point. The move puts the base rate at 5.5 per cent, down from 5.75 per cent, where it had been... |
Wednesday 5th December 2007
Communication skills 'vital' for young employees Many young adults including graduates are finding it difficult to find jobs because of inadequate communication skills, the Recruitment and Employment Confederation (Rec) has claimed. The body sai... |
Tuesday 4th December 2007
Credit crunch 'will not affect student finances' A spokesman for the National Union of Students (NUS) has claimed that the fallout from the credit crunch has not had a major impact on this year's student intake. He suggested that part of this co... |
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UK economy
Using a keynote speech at the CBI in Scotland we saw Gordon Brown looking more upbeat than he has for some time, more resilient and more candid in his approach to the struggle with the economy.... 
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