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Bank of England

Your profession

MPC voted 8-1 to make 0.25% cut

The Bank of England voted 8-1 to cut interest rates by 0.25% at the beginning of the month it has been revealed.

clock 20 February 2008 •

Your profession

NRock will return to private ownership - Sandler

Ron Sandler, the new executive chairman of Northern Rock, insists the bank can be returned to the private sector in time.

clock 18 February 2008 •

Your profession

Bank expects only 1.5% growth in 2008

GDP growth could fall to 1.5% by the end of 2008 according to the Bank of England's latest inflation report.

clock 13 February 2008 •

Mortgages

Rising fuel costs push up inflation

Rising fuel and food costs have pushed UK inflation up to 2.2%, according to the latest figures from the Bank of England.

clock 12 February 2008 •

Investment

UK will avoid recession - Norwich Union

The UK will slow this year but avoid recession, according to economists at Norwich Union.

clock 11 February 2008 •

Your profession

Rates cut to 5.25%

The Bank of England's Monetary Policy Committee (MPC) has cut interest rates by a quarter of a percentage point to 5.25%.

clock 07 February 2008 •

Your profession

Virgin leads NRock race with £1.25bn bid

Richard Branson's Virgin Group has placed the highest bid for Northern Rock, it was revealed last night.

clock 05 February 2008 •

Your profession

Olivant pulls out of NRock race

Olivant, the investment vehicle headed by former Abbey boss Lugman Arnold, has pulled out of the bidding race for Northern Rock.

clock 04 February 2008 •

Your profession

Northern Rock bid deadline looms

Bidders are expected to submit their formal proposals to takeover Northern Rock ahead of today's deadline.

clock 04 February 2008 •

Mortgages

MPC to follow Fed's lead - AMI

The Bank of England will follow its US equivalent's lead and cut interest rates this month, the Association of Mortgage Intermediaries (AMI's) quarterly report predicts.

clock 01 February 2008 •
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