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by Rachel... READ MORE >>

‘The Bank of England could have cut rates by 50-basis points... or even the full 100, and still it would have made little immediate difference to underlying monetary conditions,’ says The Independent’s Jeremy Warner about the interest rate cut on 10 April from 5.25% to... READ MORE >>

by Rachel Robson ‘It seems that a deal between the Bank of England and the retail banks is on the cards,’ says The Guardian’s Nils Pratley about the recent plan to help ease problems in the mortgage markets by allowing banks to swap their mortgage-based assets for... READ MORE >>

‘Profit warnings, they say, come in three but it is not often that they all arrive within six months,’ says the Guardian’s Nils Pratley about the recent profit warning from DSG International. He questions whether DSG can ‘muddle through and emerge as a leaner... READ MORE >>

by Rachel Robson ‘Come rain or shine, the Tesco juggernaut just keeps rolling on,’ says The Independent’s Jeremy Warner, following the supermarket’s annual results. He goes on to say that on virtually every level, the outcome was... READ MORE >>

‘If confirmation were needed that the US is in recession, then GE’s [General Electric] profit warning and gloomy outlook is it,’ says Damian Reece of The Telegraph. ‘The whole statement is riven with gloom,’ he... READ MORE >>

by Rachel Robson ‘Building companies have been overcharging local councils? I’m shocked, shocked,’ says David Wighton of The Times, with a generous hint of sarcasm, after allegations of bid rigging on public sector contracts against 112 construction... READ MORE >>

Will Ian Livingston be able to stand the heat in BT’s... READ MORE >>

UK plc comes in for a kicking, Tesco’s juggernaut rolls on and banks get a helping hand Rachel Robson The announcement that drug company Shire is moving offshore ‘will send shock waves through the Treasury and spark fears that where Shire leads other FTSE 100... READ MORE >>

The Guardian’s Nils Pratley has described HSBC’s announcement that it would be offering two-year extensions of fixed-rate mortgages to help those borrowers coming off fixed-rate deals as a ‘neat stunt’ but ‘not a revolution’. The offer will run from 14... READ MORE >>