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Economics / Markets

Economics / Markets

Interest rates kept at 0.5%

The Bank of England's Monetary Policy Committee (MPC) has held interest rates at 0.5% for the ninth consecutive month.

clock 10 December 2009 •

Economics / Markets

Taxpayers face £2trn unfunded pensions liability - papers

In a document released on its website only a few hours before the Chancellor's Pre-Budget Report, the Office for National Statistics laid out the definitive cost taxpayers will have to bear for both the state old age pension and public sector pensions....

clock 10 December 2009 •

Economics / Markets

Energy slump drains FTSE

The FTSE closed at its lowest level in more than a week Wednesday following falls in energy firms and food retailers.

clock 09 December 2009 •

Economics / Markets

PBR: £20m funding boost for Money Guidance

Chancellor Alistair Darling has announced £20m in funding for the national roll-out of the Money Guidance scheme.

clock 09 December 2009 •

Economics / Markets

PBR: Govt pledges to rebuild 'robust' MBS market

The Government says it will explore ways of encouraging a more 'sustainable, transparent and standardised' mortgage-backed securities market in the UK.

clock 09 December 2009 •

Economics / Markets

PBR: IFA reaction - "Clients hit by bank bonus levy"

Advisers give their verdicts on some unexpected proposals set out today in Alistair Darling's Pre-Budget Report (PBR).

clock 09 December 2009 •

Economics / Markets

PBR: Public sector pension cap to save £1bn

Public sector pensions will be capped as part of government plans to pay-off the UK's burgeoning budget deficit.

clock 09 December 2009 •

Economics / Markets

PBR: Darling speech in full

Alistair Darling delivers his Pre-Budget Report - read about pension tax relief restrictions and a tax rise for those earning over £20,000.

clock 09 December 2009 •

Economics / Markets

PBR: Darling extends homeowner support but not Stamp Duty break

Alistair Darling announces the Government will extend homeowner support for six months, but will not extend the stamp duty holiday.

clock 09 December 2009 •

Economics / Markets

PBR: Darling pledges new money for climate change initiatives

Chancellor Alistair Darling has pledged £400m new funding to boost companies involved in clean technology and home owners using renewable energy.

clock 09 December 2009 •
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