The Bank of England has cut its official base rate for the fourth month in a row as it attempts to shore up the economy. It now stands at 1.5 per......
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The financial industry meltdown has been the worst since the great depression. BNET Financial provides daily industry trends and news coverage with insights for managers and executives about the major financial services companies in the banking and finance sector. In addition to detailed company profiles, we bring you industry analysis on new mergers, partnerships, financial products, rates, investments, capital, and a host of other critical factors of success in the finance business.
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Good news for some borrowers is another hammer blow for savers
Times Online -
320 days 17 hours 51 minutes ago
The lowest interest rates in the Bank of England's 315-year history will widen the growing and increasingly fractious divide between the nation's...
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Treasury denies 'more cash' claim
BBC - 320 days 16 hours 2 minutes ago
The government has denied newspaper reports that it is considering printing more money as a tactic to tackle Britain's credit crunch. It had been...
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Rates tipped to hit all-time low
The Bank of England is expected to cut interest rates to their lowest level in its 315-year history when it makes its latest monthly decision...
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Sean O'Grady: Rate cut puts Britain in uncharted waters
Belfast - 319 days 15 hours 10 minutes ago
The UK economy embarked on uncharted waters after the Bank of England cut interest rates to their lowest in its 315-year history. The half...
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