The Bank of England has held interest rates at 5.25pc today as inflationary fears took priority over concerns about the economic slowdown in the UK.
Added: 2008-03-06
Interest rates held at 5.25pc on inflation fears
Category: varial newsMusharraf support for likely Pakistan PM
Pakistan People's party names former Speaker Yousaf Raza Gilani, jailed by military government, as its candidate for prime minister and head of ruling opposition coalition
Steinbecks grapes lack wrath this time around
Whatever happened to the Great Depression? Not the real one from 70 years ago, the lost decade of unimagined misery and Steinbeckian angst, the worst period in the history of modern capitalism. I mean the replay we were promised this year. The one we were told was the inevitable counterpart to the greatest financial crisis since a couple of medieval Italians first sat down on a Florentine bench and invented the word bank.
Union calls for Citigroup break-up
One of America's largest unions will call for a break-up of Citigroup in a move that underlines the challenges faced by the beleaguered financial services group's management