LONDON (Reuters) - The credit crunch has sparked a raft of huge investment frauds in Britain but conviction rates are improving, investigators said on Thursday.
Money supply boosted as rates cut
LONDON (Reuters) - The Bank of England cut interest rates by 50 basis points on Thursday to a record low of 0.5 percent, and said it would buy 75 billion pounds of assets to expand the money supply and aid a recession-hit economy.
Swiss ski smiles may fade with melting snow
CRANS MONTANA, Switzerland (Reuters) - Across the Swiss Alps cash registers are ringing out as hotels, ski-lift companies and shops revel in the best snowfall in years.
Pensions see record five-day volatility
LONDON (Reuters) - The past five days have been the most turbulent on record for final salary pension schemes, a leading pension consultant said on Thursday.
Money supply boosted as rates are cut
LONDON (Reuters) - The Bank of England cut interest rates by another 50 basis points on Thursday to a record low of 0.5 percent, and said it would buy assets worth 75 billion sterling in a drive to help the economy by expanding the money supply.
