Business and Finance news

The case for the Bank of England (BoE) to lower interest rates or inject some kind of liquidity into the market is getting stronger as market conditions continue to deteriorate the Council of Mortgage Lenders (CML) has said.
In a report, the CML warned that wholesale markets are still dysfunctional and “funding pressures have started to […]

Chancellor Alistair Darling could come under fresh fire over his plans to reform capital gains tax when he addresses business leaders today.
Mr Darling’s speech to the Confederation of British Industry’s (CBI) annual conference follows a difficult period for the Treasury chief.
In addition to criticism of his tax plans, the chancellor has also faced questions in […]