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Bank keeps interest rates at 0.5% while Eurozone plot thickens

The Bank of England kept monetary policy the same yesterday, meaning that interest rates remained at 0.5 per cent, and the quantitative easing programme at £275 billion.

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Credit crunch caused surge in business closures

Official figures from the Office for National Statistics (ONS) demonstrate the effects that the credit crunch had on businesses.

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Christmas shopping fails to boost retailers

UK retail sales were the weakest since May in November, despite Christmas fast approaching.

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Energy bills to be simplified

Energy bills look set to be simplified as the big energy suppliers recognise the confusion that their tariffs cause.

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Banks urged to bolster finances

UK banks have been urged to strengthen their capital balances as the European sovereign debt crisis continues to threaten the economy.

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Charging phones at work costs businesses £1.5 billion

Consumers are saving a collective £1.5 billion on energy bills by charging up their phones and gadgets at work.

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Surprise rise in retail sales

There was a surprise increase in retail sales in October, the latest figures from the Office for National Statistics (ONS) have shown.

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Broadband rush hour slows download speed by 35%

Peak internet surfing times are slowing downloads down by an average of 35 per cent, the latest research from uSwitch.com has revealed.

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Smartphone sales rise 42% dominated by Android OS

Smartphone sales have increased by 42 per cent year on year, the latest statistics have shown.

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Inflation falls back to 5%

CPI inflation has made a move in the right direction by falling back to 5 per cent from 5.2 per cent in October.

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