Eat Out From £5

Times MPC split over how to fight recession

Fears that the power of interest rates to boost economy is failing has divided members over how Bank of England should react

Bank faced with little choice on rates

City economists are unanimous in expecting that the Bank of England will cut rates still further this week

The Times MPC: the December verdict

Six members of the shadow panel call for a 1% cut, with only one arguing the bank should take no action

Times MPC calls for 1% cut

A five-strong majority back an aggressive cut of a full point to 3.5 per cent in order to stave off the threat of a deep recession

Bank cuts rate by 1.5 points

Homeowners could save as much as £190 a month on a tracker after shock move cuts borrowing costs to 3%. Watch our video

Times MPC: November verdict

All nine members vote for a rate cut of at least a half-point with five backing a cut of a full point

The Times MPC: the September verdict

Only two members of the panel voted for a cut with the majority of The Times MPS preferring to play safe

Rates should be held, says Times MPC panel

Seven members call for rates to stay pegged at 5 per cent for fifth month in a row, while two call for a cut

The Times MPC: the August verdict

The Times shadow panel vote 8 - 1 to keep rates on hold, but Sushil Wadwhani warns the risk of recession warrants a cut

Brown goes on tour to see nation's suffering

Prime Minister begins nationwide tour in Derby as Viyella, the clothing manufacturer, becomes the downturn's latest victim

We need action on banks, not rate cuts

Cutting interest rates to 1.5 per cent or less would be an historic move, but the impact on the economy would not be great

Huge rise expected in US unemployment figures

'Shockingly awful' official figures are expected to show that the rise in jobless across America last month hit 700,000

Q&A: jump-starting the economy

The radical tactics proposed by the Government are aimed at boosting an economy by increasing the money flowing around it

Carmakers seek banks' cash amid bailout fears

With the Treasury's proposed rescue programme now in doubt, car companies are going directly to the banks for help

Britain set to print cash as rates hit record low

Alistair Darling is considering expanding the money supply by billions as interest rates appear certain to fall to an historic low

A hammer blow for savers

Bank of England's lowest ever interest rates widen the increasingly fractious divide between Britain's borrowers and savers

Times MPC split over how to fight recession

Fears that the power of interest rates to boost economy is failing has divided members over how Bank of England should react

Why another interest rate cut is not the answer

A rate cut would help to weaken sterling, but, given the sharp devaluation over the past year, stability is more desirable

US jobless to hit highest level in 60 years

New figures reveal more than half a million Americans lost their jobs in December, ahead of official Government data