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Bank cuts interest rates to 5.5%
Bank cuts interest rates amid falling house prices

The Bank of England today voted to cut interest rates amid increasing reports of an economic downturn. The Bank’s monetary policy committee (MPC) voted to reduce interest rates by a quarter of a percentage point to 5.5 per cent. Following the decision, Lib Dem economic spokesman Vince Cable said it was “obvious” the Bank would… Read more »

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Team Clegg predict victory in leadership race
Clegg eyes victory as Huhne hopes for late surge

Nick Clegg is now the odds-on favourite to be elected the next leader of the Liberal Democrats. Mr Clegg, currently the party’s home affairs spokesman, was widely tipped to take the leadership when Menzies Campbell stepped down in October, with many touting him as the liberals’ answer to David Cameron. However, Chris Huhne, who holds… Read more »