Economic News

Becky Barrow, Daily Mail5 June 2006 SOARING prices and poor service are resulting in millions of 'deeply unhappy' energy customers, according to a report. WANT TO KNOW MORE? DEAL FINDER: Cut your bills OTHER STORIES Millions at risk from chip and Pin Market report: Monday 09.00 Builders race for £4bn Olympic contracts 'Mounting inflation threat' to economy Backing for Goldma ...

Becky Barrow and Ben Quinn, Daily Mail5 June 2006 THE chip and pin bank card system is so seriously flawed that millions of customers are dangerously exposed to criminals, it was claimed last night. CLONE ALERT: Experts say chip and pin terminals can be easily fooled OTHER STORIES Damning verdict on energy firms Market report: Monday 09.00 Builders race for £4bn Olympic contracts 'Mounting inflation threat' to economy Backing for Goldman Sachs' BAA bid TH ...

Chancellor Gordon Brown is set to warn business leaders of the dangers of "head in the sand" protectionism. In a speech to the CBI in London, he is expected to warn economic patriotism by European countries means they are failing to create a single market. He sees the fact that some European countries have blocked recent cross-border corporate take-overs as a sign that such patriotism is growing. His comments come ahead of meetings of EU and G8 finance ministers this week. Ahead of his spee ...

By Sumeet Desai LONDON (Reuters) - The Bank of England looks set to hold interest rates steady for the 10th month running this week and most analysts expect borrowing costs to remain pegged at 4.5 percent for the rest of the year. All 40 analysts polled by Reuters expect the central bank's Monetary Policy Committee to keep policy unchanged when it concludes its monthly meeting on Thursday at midday. The MPC was split three ways last month, with David Walton calling for a quarter-point hike an ...

Chancellor Gordon Brown is set to warn business leaders of the dangers of "head in the sand" protectionism. In a speech to the CBI in London, he is expected to warn economic patriotism by European countries means they are failing to create a single market. He sees the fact that some European countries have blocked recent cross-border corporate take-overs as a sign that such patriotism is growing. His comments come ahead of meetings of EU and G8 finance ministers this week. BBC political cor ...

The threat of rising inflation is "a blot" on prospects for the UK economy, an influential study has argued. Accountants BDO Stoy Hayward said the strong housing market and an upturn in consumer spending would act as major drivers of future economic growth. But it warned that inflation was a real concern and that the Bank of England could raise interest rates later this year to try to keep prices in check. It said inflation was likely to remain above the government's 2% target. Market instab ...