United Kingdom
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Wednesday, 15 October 2008
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| View All Articles About 'Cuts' |
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| 1. |
Rate cuts alone won't fix financial problems
Interest rate cuts alone won't be enough to fix the problems at the core of the global financial system due to a lack of confidence in the health of financial institutions.
09 Oct 2008 |
| 2. |
Coordinated rate cuts spark Asia stocks rally
Asian stocks rallied and the yen slipped on Thursday after central banks from China to Europe and the United States cut interest rates to support the global economy, though investors remained fearful with credit markets still nearly frozen.
09 Oct 2008 |
| 3. |
Big cuts in rates needed-BoE's Blanchflower
Two million Britons may be out of work by Christmas and big cuts in interest rates are needed now to stop the economy heading into a deep and prolonged slump, Bank of England policymaker David Blanchflower told Reuters.
29 Aug 2008 |
| 4. |
UK on track for more Iraq troop cuts in 2009
Britain is on target to further reduce troops in Iraq next year as security in the southern oil hub of Basra steadily improves, the recently departed commander of British forces there said.
15 Aug 2008 |
| 5. |
N. Rock plans to cut 2,000 jobs by 2011
Mortgage bank Northern Rock, nationalised in February, confirmed on Wednesday that it would cut 2,000 jobs by 2011, with 1,300 jobs going through redundancy and the rest through turnover as staff depart.
30 Jul 2008 |
| 6. |
Kier cuts 350 residential housing jobs
Kier Group Plc said on Friday that it was expecting full year underlying pre-tax profit to be in line with market expectations and ahead of last year's results, but added it would be cutting 350 jobs.
18 Jul 2008 |
| 8. |
Barratt Developments cuts 1,200 jobs
Barratt Developments said on Thursday that it would be shedding 1,200 jobs, in an attempt to cut costs in the face of a downturn in the housing market.
10 Jul 2008 |
| 9. |
Redrow and Bovis cut over 1,200 jobs
Two more housebuilding firms have announced large job cuts following a drop in demand for new houses thanks to tighter mortgage lending as a result of the credit crunch.
09 Jul 2008 |
| 10. |
Persimmon to cut 1,000 jobs
Persimmon is to announce job cuts of around 1,000 staff on Tuesday, according to a newspaper story.
07 Jul 2008 |
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