Credit Munch

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

The Times MPC: the July verdict

All but one vote to keep rates on hold, and three argue that the inflation threat makes a rise in rates a serious option

'No room for manoeuvre on interest rates'

Bank of England should keep interest rates on hold in a show of determination to quell soaring inflation, says The Times MPC

Founding member of MPC joins Times panel

Charles Goodhart, one of Britain's most respected economists becomes latest member of The Times Monetary Policy Committee

Sharewatch: Oil not so well

Shares in the Aberdeen-based oil and gas exploration firm Dana Petroleum fell to a year low before recovering slightly

Scots firms adapt to beat the recession

Diversification may be the key to survival as the economy goes into decline

Recession threatens 60,000 Scottish jobs

A downturn in the financial sector could have a devastating effect on the economy

RBS pledges £15 million towards business park

The Royal Bank of Scotland has committed funding for the first phase of Elphinstone’s new business park at Greenlaw Park

Payback time for the banks

Richard Lambert, director-general of the CBI, argues that lenders should focus on the needs of British business

Business Letters

Citi trapped in mire of its own making

Citi’s officials are spending the weekend drawing up plans to prevent a repeat of this week

Riding the recession

By capitalising on the shifting buying patterns of consumers, some companies are experiencing surprisingly big upturns

Treasury in state-owned assets sell-off

Household names are being prepared for sale in the next two years to raise cash for the stretched public purse

Brown to cut Vat as winter recession bites

The temporary reduction in sales tax is a key plank of the PM's emergency economic rescue package to be unveiled in the pre-budget report