The US economy has grown more than expected, expanding at an annual rate of 3.8% in the last quarter of…
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UK interest rates held at 4.75%
The Bank of England has left interest rates on hold again at 4.75%, in a widely-predicted move. Rates went up…
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Libya takes $1bn in unfrozen funds
Libya has withdrawn $1bn in assets from the US, assets which had previously been frozen for almost 20 years, the…
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Christmas sales worst since 1981
UK retail sales fell in December, failing to meet expectations and making it by some counts the worst Christmas since…
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German economy rebounds
Germany’s economy, the biggest among the 12 countries sharing the euro, grew at its fastest rate in four years during…
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Small firms ‘hit by rising costs’
Rising fuel and materials costs are hitting confidence among the UK’s small manufacturers despite a rise in output, business lobby…
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US bank boss hails ‘genius’ Smith
US Federal Reserve chairman Alan Greenspan has given a speech at a Scottish church in honour of the pioneering economist,…
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Mixed signals from French economy
The French economy picked up speed at the end of 2004, official figures show – but still looks set to…
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Senior Fannie Mae bosses resign
The two most senior executives at US mortgage giant Fannie Mae have resigned after accounting irregularities were uncovered at the…
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Golden rule ‘intact’ says ex-aide
Chancellor Gordon Brown will meet his golden economic rule “with a margin to spare”, according to his former chief economic…
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