Interest rates have been held at 0.5 per cent yet again, the Bank of England has announced. The monetary policy committee (MPC) also held its quantitative easing programme limit at £175 billion. Some financial analysts had called for the programme to be increased to £200 billion. David Kern, chief economist at the British Chambers of [...]

A British soldier killed in an explosion during an ambush in southern Afghanistan has been named by the Ministry of Defence (MoD). Guardsman Jamie Janes, of 1st Battalion The Grenadier Guards, was on foot patrol near to Nad Ali District Centre in central Helmand province when he was killed in the blast on Monday morning. [...]

The amount of fraud being committed on plastic cards fell by 23 per cent, to £232.8 million, when compared to last year. However Financial Fraud Action UK urged consumers to still be careful with their cards, warning that despite losses for mail, internet and phone payments falling, internet banking fraud was up 55 per cent [...]