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Larry Summers suggested the Chancellor's spending cuts prevented the British economy from growing sooner
Drop takes rate within 0.1% of threshold at which Bank of England could end interest rate freeze - but it may still "move the goalposts"
High street banks judged to have too great a share of the market will be forced to start selling off branches within 12 months if Labour wins next year’s general election.
Taylor Wimpey chief Pete Redfern has warned against any long-term extension to the Government’s Help to Buy scheme, currently fattening sales and profits across the housebuilding sector.
More people believe they would be helped than harmed by a rise in interest rates, according to a new survey.
1. Who was revealed to be the real author of The Cuckoo’s Calling, written under the pseudonym Robert Galbraith?
America's central bank acts after two year budget deal was recently agreed in Congress - removing the threat of another government shutdown in the near future
Increase in interest and mortgage rates would be unwelcome news for Coalition
The wife of the governor of the Bank of England has condemned cheap clothes as a “toxic skin” which damage the environment and fail to reflect the “true costs of production”.
UK economy set to grow at its fastest pace in seven years at 2.7% in 2014
American taxpayers have lost $10bn (£6bn) as a result of the US government’s bailout of General Motors during the global financial crisis.
The squeeze on British households is set to worsen next year as companies crimp pay rises to among the lowest in Europe.
Remarks by Bank of England governor Mark Carney poured cold water on recently buoyant housebuilding stocks as investors panicked.
The Office for National Statistics maintained growth figures unchanged at 0.8% for the third quarter
The Governor denied that forward guidance has caused confusion among businesses
A new 10-year bond is paying a glittering 4 per cent, but can that rate justify such a long commitment by savers, asks Chiara Cavaglieri