The US, Japan and large parts of Europe have exhausted their policy arsenal, leaving them defenceless against a double-dip recession. The Bank of England is this week set to hold interest rates at 0.5pc, with a growing expectation that when rates rise they will do so quickly. Electricity group accused of trying to charge consumers $26m in excessive costs, including expenses for school fees and transport of wine collection. Britain's 5p and 10p coins are to be substantially changed next year A leading city analyst claims the cult of the equity is dead. PAYE tax errors to force 1.5 million people to repay £1,400. The cost of care insurance is rising at an unprecendented rate.Finance
No defence left against double-dip, says Roubini
Warning of 'sharp interest rate rise' in 2012
National Grid in $26m US inquiry
New coins 'a disaster'
'Equities are dead'
Tax code error hits 1.4m
Motor premiums soar
Sunday, 5 September 2010
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Liam Halligan
Kamal Ahmed
Stevenson