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Financial News
September 2010
02.09.10
BoE to hold rates until Q2 next year, say economists
A cooling global economy and an impending austerity squeeze in Britain will make the Bank of England (BoE) wait well into next year before hiking interest rates, a poll of 60 economists suggests.
August 2010
04.08.10
Lloyds back in the black with £1.6bn profit
The Lloyds Banking Group has returned to profitability after posting a £1.6bn before tax profit in the first half of the year.
04.08.10
Ex-BoE officials warn rates will rise quicker than expected
Interest rates will have to rise earlier and more sharply than expected to keep inflation under control, warn two former Bank of England policymakers.
July 2010
12.07.10
Santander buys SEB's German banking operations
Spanish bank Santander has signed an agreement to buy Swedish bank SEB's German business for 555 euros (£466.5m, $699m).
11.07.10
BP begins to fit new cap on Gulf of Mexico oil leak
Underwater robots have successfully removed a leaking cap on BP's blown-out Gulf of Mexico oil well, the first stage in fitting a tighter cap.
10.07.10
China sees surge in trade surplus
China has recorded a fresh surge in its trade surplus and exports, beating market expectations.
June 2010
07.06.10
Euro 'will be dead in five years'
The euro is facing its worst crisis since it was founded.
The euro will have broken up before the end of this Parliamentary term, according to the bulk of economists taking part in a wide-ranging economic survey for The Sunday Telegraph.
07.06.10
FTSE drops as Cameron warns on economy
UK shares have fallen victim to a global selloff sparked by fears that Hungary's public finances face a Greece-style meltdown.
04.06.10
BP lowers a cap onto leaking Gulf of Mexico oil well
Oil firm BP has lowered a cap onto a leaking oil well in the Gulf of Mexico, in the hope of piping some of the oil to ships on the surface.
May 2010
24.05.10
ISA allowance set for a hike
The ISA allowance could be set for a hike under chancellor George Osborne's emergency Budget next month.
18.05.10
UK inflation hits 17-month high
UK inflation accelerated again in April to hit its highest rate in 17 months, official figures show.
14.05.10
Friends and foes in new UK cabinet
KEN CLARKE's cabinet appointment is 'good news' for the Isle of Man
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