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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...
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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... |
Monday 3rd December 2007
Christmas set to boost UK economy The festive season could help to shore up the UK economy this year after a rocky few months, it has been claimed. According to Richard Dodd, head of media and campaigns for the British Retail Cons... |
Wednesday 28th November 2007
Financial crime 'must be police priority' Financial crime should be a police priority and the Home Office should change protocol to help the police to tackle the fraud which funds further crime in the UK, the chief executive of the British... |
Wednesday 28th November 2007
One in three worried about Britain's economic situation More than one in three people say that they are worried about Britain's economic situation and as many as 15.3 million consumers feel financially worse off, according to a poll by uSwitch. With 38... |
Thursday 22nd November 2007
Rate cut before Christmas looks unlikely, says Charcol A rate cut before Christmas is looking unlikely, according to independent mortgage advisors, John Charcol. The minutes from the last meeting of the Monetary Policy Committee (MPC) show that, despi... |
Wednesday 14th November 2007
Brits turn to internet for financial advice With six-out-of-ten UK households now online, Brits are increasingly turning to the internet for advice on their finances, research from Birmingham Midshires suggested. Instead of going to consult... |
Wednesday 14th November 2007
More couples working and better off, says DWP More couples are in work and better off, according to new figures from the department for work and pensions (DWP). Figures show that the proportion of 'work-rich' couples (where both partners are ... |
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UK economy
Speculation has been mounting that further interest rate cuts will be announced by the Bank of England, after minutes from its previous meeting on cuts were released. They reveal that the Bank's n... 
