News Tag: today
March 16, 2010
The US central bank, the Federal Reserve, is expected to keep interest rates at the rate of between zero and 0.25% at a meeting later today.
Interest rates in the world’s largest economy have been at the low level since December 2008 and the bank has previously said that as a result of subdued inflation and high unemployment, ...
Fed widely expected to leave interest rates on hold today
by Kay Murchie
November 9, 2009
Two months ago, US food giant Kraft, which is renowned for brands such as Kenco coffee and Oreo biscuits, approached Cadbury with an informal £10.2 billion takeover offer, which the UK confectioner later rejected.
Roger Carr, chairman of Cadbury, described its US rival’s £10.2 billion takeover offer as an “unappealing” and “unattractive prospect”.
However, under takeover rules, the US food ...
Kraft deadline looms as Cadbury awaits next move
by Kay Murchie
October 6, 2009
From today, the total Individual Savings Account (ISA) allowance for people over 50 will increase from £7,200 to £10,200.
The £3,000 increase, which was announced in this year's Budget, is eligible to those born on or before 5 April 1960. For everyone else, the limit will rise from 6 April 2010.
ISAs, which were launched a decade ...
Savers encouraged to opt for an ISA as allowance rises today
by Kay Murchie
