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interest rates

European Stocks Set to Rally Today: Weaker Before Fed...

European shares were set to rally today after the Federal Reserve delivered a surprise half-point cut in U.S. interest rates yesterday in an aggressive bid to re-ignite the flagging U.S. economic recovery. "This is an unavowedly good piece of news,...

#bank#Bank of England#inflation

Fed Stuns Markets With 50-point Rate Cut

The US Federal Reserve showed its determination to head off renewed threats of economic weakness by cutting interest rates aggressively…

#bank#Bank of England#banks


Vice-Chairman of Eurofactor Comments on Company’s Plunge into the...

Philippe Zamaron, vice-chairman of the board of management at Eurofactor in France spoke to BCR to explain why Eurofactor has…

#insurance#interest rates#management


Eurofactor’s Profits Plunge into the Red

Eurofactor, the factoring subsidiary of French credit-insurance group Euler & Hermes, has seen its profits plunge into the red, down…

#Allianz#bad debts#interest rates


Manufacturing Gloom Deepens as Scottish SMEs Suffer

Hopes for a quick rebound in the economy suffered another body blow on Monday after new figures showed that manufacturers…

#bank#Bank of England#interest rates


Euler & Hermes Group Attribute Reduced Earnings to Decrease...

The French credit-insurance company Euler &Hermes saw its turnover fall by 1.7 per cent like-for-like, to ?298million euros, in the…

#Allianz#insurance#interest rates


15% of SMEs now Use On-Line Banking

Nearly 440,000 (15%) of small businesses are now using on-line banking facilities according to figures released by the British Bankers’…

#banks#interest rates#small business


Manufacturing Still in ‘Critical Condition’

Manufacturing industry is still in a “critical condition”, the British Chambers of Commerce said yesterday, reporting the results of its…

#bank#Bank of England#cash-flow


Meeting of Bankers and Industrialists Reveals Level of Pessimism...

European business leaders are scared. For all the brave words and fine talk that the worse may soon be over,…

#bank#banks#i


ZBD Financial Services Profit Up 177%

Although it had a net loss under current cost accounting, ZDB Financial Services saw its net profit increase by 177%…

#financial institution#financial services#interest rates


Bank of England Votes to Maintain Interest Rates

The Bank of England's Monetary Policy Committee today voted to maintain the Bank's repo rate at 5.75%. The minutes of…

#bank#Bank of England#interest


Bibby Group Launches Bibby Asset Finance Ltd

The Bibby Financial Services Group has launched a new division to work alongside Bibby Group of Factors, which is currently…

#bank#financial services#interest rates

Bank of England Vote on Interest Rates

The Bank of England's Monetary Policy Committee today voted to maintain the bank's repo rate at 6%. The minutes of…

#bank#Bank of England#interest

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