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Full-point rate cut likely as services slump

Home  Dec, 2008

Full-point rate cut likely as services slump - The Bank of England's rate-setters begin their monthly meeting today as the pressure grows to cut rates by a full percentage point to 2% - their lowest level on record.



Full-point rate cut likely as services slump  [12/03/2008 01:17 PM]
The Bank of England's rate-setters begin their monthly meeting today as the pressure grows to cut rates by a full percentage point to 2% - their lowest level on record.
Halifax told to pass on tracker rate cuts  [12/03/2008 01:17 PM]
Homeowners with Halifax tracker mortgages should get the full benefit of rate cuts despite small print that gives the bank the right not to pass it on
Stock market report: Wednesday latest  [12/03/2008 01:17 PM]
12.00:City big-hitter UBS forecasts a major recovery in share prices in 2009 despite warnings that the recession will be long and deep, and run into 2010
Food and fuel bills rising at twice EU rate  [12/03/2008 01:17 PM]
Power and food bills in the UK are rising at twice the rate they are in the European Union
City jobs axe spell the end of trains boom  [12/03/2008 01:17 PM]
Major commuter train companies into the capital called the end of the rail boom today, indicating City job cuts could lead to hundreds of staff being laid off on the railways
Banks facing tough new conduct rules  [12/03/2008 01:17 PM]
Banks face a new clampdown as the government considers rules on the way they handle their customers
Shoppers in line for £115 discount windfall  [12/03/2008 01:17 PM]
A fresh round of Christmas sales begins today, as a study claims the average discount of 32% will deliver savings of £115 per adult
Mortgages 'are being rationed' - lenders  [12/03/2008 01:17 PM]
Mortgages are having to be 'rationed' and the situation will get even worse next year, the Council of Mortgage Lenders has warned
Neptune eyes up fading New Star  [12/03/2008 01:17 PM]
Robin Geffen, the fund manager behind Neptune Investment Management, is considering a rescue bid for crisis-hit New Star
Banks in rush to aid small business  [12/03/2008 01:17 PM]
Britain's banks are rushing to promise more help to small businesses today ahead of the Queen's Speech
Secret plan to tackle threat of deflation  [12/03/2008 01:17 PM]
The Bank of England and Treasury are drawing up radical deflation-fighting plans to pump extra cash into the economy
Soaring cost of insuring UK against debt default  [12/03/2008 01:17 PM]
The price of insuring against the government defaulting on its debt has soared to a record high
Grant cuts 'to hit up to 130,000 students'  [12/03/2008 01:17 PM]
Ministers were yesterday accused of misleading students over the extent of grant cuts as it emerged 130,000 middleclass families will be hit each year
New buyers in luck as auctions cut prices  [12/03/2008 01:17 PM]
Thousands of homes are being sold for knockdown prices at auction as banks desperately try to offload repossessed flats
Thomas Cook buoyed by British sunseekers  [12/03/2008 01:17 PM]
British holidaymakers are avoiding the high currency costs of taking a break in the eurozone and instead heading for the sunspots of Turkey and Egypt
Pound in biggest one-day fall for 16 years  [12/03/2008 01:17 PM]
Sterling suffered its biggest one-day slump against the dollar in 16 years yesterday, as markets tumbled in London and New York
UK carmakers call for bailout plan  [12/03/2008 01:17 PM]
Pressure is mounting on business secretary Lord Mandelson to step in with rescue funding for the stalling British car industry as Aston Martin axed 600 jobs
BA announces plans for merger with Qantas  [12/03/2008 01:17 PM]
BA has announced audacious plans to merge with Australian airline Qantas, despite ongoing talks with Iberia and American Airlines
Building woe fuels call for full-point rate cut  [12/03/2008 01:17 PM]
Calls for an aggressive cut in interest rates on Thursday grew louder today after yet another bout of dismal economic news
The battle against poor customer service  [12/03/2008 01:17 PM]
British Airways: Walsh reaches for the skies  [12/03/2008 01:17 PM]
Join up to stave off the recession  [12/03/2008 01:17 PM]
Village pubs in comeback: that's Capital!  [12/03/2008 01:17 PM]
Hetherington: I'll keep a watch on failed broker  [12/03/2008 01:17 PM]