Fighting Fit

Times MPC calls for 1% cut

A five-strong majority back an aggressive cut of a full point to 3.5 per cent in order to stave off the threat of a deep recession

Bank cuts rate by 1.5 points

Homeowners could save as much as £190 a month on a tracker after shock move cuts borrowing costs to 3%. Watch our video

Times MPC: November verdict

All nine members vote for a rate cut of at least a half-point with five backing a cut of a full point

The Times MPC: the September verdict

Only two members of the panel voted for a cut with the majority of The Times MPS preferring to play safe

Rates should be held, says Times MPC panel

Seven members call for rates to stay pegged at 5 per cent for fifth month in a row, while two call for a cut

The Times MPC: the August verdict

The Times shadow panel vote 8 - 1 to keep rates on hold, but Sushil Wadwhani warns the risk of recession warrants a cut

The Times MPC: the July verdict

All but one vote to keep rates on hold, and three argue that the inflation threat makes a rise in rates a serious option

'No room for manoeuvre on interest rates'

Bank of England should keep interest rates on hold in a show of determination to quell soaring inflation, says The Times MPC

Founding member of MPC joins Times panel

Charles Goodhart, one of Britain's most respected economists becomes latest member of The Times Monetary Policy Committee

Tesco reports lowest growth since 1993

World's third-largest retailer reported third-quarter sales growth of 2 per cent, its weakest growth since last recession

Bowie Castlebank goes into administration

The owner of Klick Photopoint and Max Spielmann has collapsed, with at least 817 jobs likely to be lost

FSA says Halifax must follow rate cuts

The City regulator said that some 550,000 Halifax borrowers with tracker mortgages should benefit from interest rate cuts

Bernanke signals further US rate cut

Chairman of the Federal Reserve paves the way for US interest rates to be cut to an unprecedented low of under 1 per cent

EC under pressure to relax state aid rules

EU finance ministers ask Competition Commissioner Neelie Kroes to approve government banking bailouts

EU urged to relax rules on government bailouts

Competition Commissioner called on to allow governments to give massive capital injections and guarantees to banks

Construction shrinks at fastest pace in 11 years

Pressure mounts on Bank of England to cut rates this week after plunging demand for homes devastates construction sector

Pound and markets fall on economic fears

Shares across London and Asia tumble following steep US losses as sterling continues its fall against the dollar

Australia cuts interest rates to seven year low

The cut, 25 basis points larger than economists predicted, is seen as proof that Australia is sliding towards recession

PwC sent in to advise on Orchid restructuring

Lenders put accountancy firm on stand-by to act as administrators for the privately owned pub and restaurant group