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Archive for November 6th, 2008

Deja vu?

posted by BBC News | Business | UK Edition in General
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Does the current house price slump mirror the 1990s?

Urban sport

posted by BBC News | Business | UK Edition in General
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City banker tries to bring polo to London

Shares dive on economic worries

posted by BBC News | Business | UK Edition in General
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Concerns about the state of the world economy send global stocks tumbling, losing their gains from earlier in the week.

UK interest rates slashed to 3%

posted by BBC News | Business | UK Edition in General
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The Bank of England slashes rates by one-and-a-half percentage points in a dramatic bid to stimulate the economy.

‘No rush’ to cut mortgage costs

posted by BBC News | Business | UK Edition in General
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Lenders will not rush to announce a drop in the cost of variable rate mortgages after the dramatic Bank rate decision.

Interest rates slashed: Bank of England cuts bank rate by 1.5%

posted by This is Money | Home in General
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Interest rates have been cut 1.5 percentage points to 3% - the lowest level since 1955 - in a dramatic statement of intent by the Bank of England to stave off imminent recession Bank of England


Slowdown hits Germany’s exports

posted by BBC News | Business | UK Edition in General
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The global economic slowdown drastically shrinks the worldwide demand for German goods, official figures show.

IMF cuts growth forecast

posted by BBC News | Business | UK Edition in General
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The International Monetary Fund cuts growth forecasts, predicting that developed economies as a whole will shrink 0.3% in 2009.

Shock, horror

posted by BBC News | Business | UK Edition in General
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What the Bank's historic cut says about the economy

Steel giant plans to cut 400 jobs

posted by BBC News | Business | UK Edition in General
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Corus says the economic downturn means it is having to cut 400 posts from its distribution business.
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