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UK economy

04/12/2008 Interest rate cut to 2 per cent - the lowest level in 57 years

Bank rate has now fallen by 3 percentage points in the last three months 

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24/11/2008 Chancellor Darling unveils economic survival and recovery package

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06/11/2008 Bank Rate slashed to 3 per cent

Monetary Policy Committee reduces Bank Rate from 4.5 to 3 per cent 

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24/10/2008 UK economy moving towards recession

Drop in GDP was greater than economists had predicted 

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08/10/2008 Bank of England cuts interest rate by half point to 4.5 per cent

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03/10/2008 UK services sector records biggest fall in 12 years

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02/10/2008 Sharpest fall in UK manufacturing since 1992

Output and orders all fell last month according to the CIPS survey 

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25/04/2008 UK economy slows down, oil prices reach new record

Growth in GDP has fallen to 0.4 per cent last quarter 

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10/04/2008 Quarter point cut in bank rate to head-off economic slowdown

MPC cuts bank rate to 5 per cent 

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07/02/2008 Modest cut in bank rate to 5.25 per cent

Bank of England has cut the bank rate by 0.25 percentage points to 5.25 per cent 

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21/01/2008 Stock market crashes

Panic across the world's markets over fear of US recession 

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11/01/2008 Bank leaves base rate at 5.5 per cent

The MPC defied intense pressure to cut interest rates 

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06/12/2007 Bank of England reduces bank rate to 5.5 per cent

Indicators show tightening of credit for businesses and economic slowdown 

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08/11/2007 Bank rate on hold, pound reaches new record against US dollar

Sterling reaches record level since 1981 

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20/10/2007 Shares plunge as oil price climbs to $90 record

FTSE falls 81 points since last close 

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10/10/2007 Darling’s tax proposals anger small businesses

Small businesses expected to pay £260m in extra tax 

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26/09/2007 Doing Business - UK holds sixth place in world rankings

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10/07/2007 Economy boosted by Business Link services, claims Government report

Small firms using Business Link add £750 million to the economy 

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05/07/2007 Bank rate goes up for the fifth time in a year

Increase in bank rate to 5.75 per cent  

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10/05/2007 UK’s bank rate hits highest level in over six years

Bank of England raises bank rate by 0.25 percentage points 

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11/01/2007 Bank of England raises interest rate to 5.25 per cent

High level of inflation prompts higher interest rate 

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27/03/2006 Start-up businesses suffer largest fall in 10 years

The number of start-up businesses saw the biggest fall in the last decade 

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10/06/2004 Creating a renaissance in British enterprise, says Gordon Brown

'A British enterprise renaissance that will benefit us all' 

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