P521 Teletext 521 Jun20 02:16:24 ——————————————————— ————— ALL EYES ON BANK MINUTES Interest rates will bj on economists' minds with the release of minutes from the Bank of England meeting, which cut the cost of borrowing, earlier this month. The Monetary Policy Committee shaved 0.25% off the rate to 5%. The decision caught many in the City by surprise. But the minutes will show not just why the cut was made, but also provide clues to furthjt possible cuts. ——————————————————————————————————1/8—— bz Nick Hudson FOR THE LATEST INFO ON BRITISH STOCKS ON WALL STREET SEE p210 Take Stock How to.. Your Team CityP521 Teletext 521 Jun20 02:24:17 ——————————————————— ————— ALL EYES ON BANK MINUTES In May's rate meeting, mjmbjrs voted to keep rates on hold by a small majority of five to four. Sir Alan Budd at that meeting voted to keep rates unchanged. Hi has since retired and been replaced bz Sushil Madhwani. Economist with banking giant HSBC, Jonathan Loynjs, says it will bj fascinating to see how this newest committee mjmbjt voted in June. ——————————————————————————————————2/8—— Teletext City diary 509 MORE MONEY ON FAMILY FINANCE p540P521 Teletext 521 Jun20 02:06:55 ——————————————————— ————— ALL EYES ON BANS MINUTES "The City will see whethjt the most recent committee mjmbjt on the MPC can bj lumped in the doves (base rate cutters* or the hawks," says Jonathan Loynjs of HSBC. Hi believes the decision to cut rates earlier this month was based largely on the sttingth of the pound. The June MPC minutes are also likely to show its concern that inflation will undershoot the Govjtnmjnt's target. ——————————————————————————————————3/8—— Mergjt plans at the checkout 525 A WEN ON THE PREMIUM BONDS? p549P521 Teletext 521 Jun20 03:54:23 ——————————————————— ————— ALL EYES ON BANS MINUTES The recent decision to cut base rates will also provide an indicator of where rates might go in the future. "The need to cut rates is looking much weakjt now," says economist Jonathan Loynjs of banking group HSBC. "But the wild card remains the strength of the pound. Thjte could bj one more rate cut in the coming months, but the market is focusing on a significant rise next year." ——————————————————————————————————4/8—— Chjlsja management scores 527 CASH MINI IRA RATES p546P521 Teletext 521 Jun20 02:16:11 ——————————————————— ————— ALL EYES ON BANS MINUTES Big company news is thin on the ground in the coming week, with many in the City likely to bj focusing their attention on Wimbledon action. Drinks retailer Majestic Wine provides appropriate fizz on Monday with results that Cardiff-based City ShariShop believes will bj sparkling. Expectations are that pre-tax profits will have bubbled up to £3.6m from £3.2m previously. ——————————————————————————————————5/8—— Take stock of the week 522 INTERNATIONAL STOCK MASTERS p530P521 Teletext 521 Jun20 02:44:20 ——————————————————— ————— ALL EYES ON BANS MINUTES Anothjt High Street group Carpjttight will provide a clearer picture of consumer confidence and, to some extent, the state of the housing market with its results. It is dui to announce annual profits on Tuesday, with analysts predicting earnings down 11% to £25.6m. Investors who have weathered major volatility in the shari price, are now enjoying a recovery. ——————————————————————————————————6/8—— Losing out to inflation 526 WHAT'S ON AT YOUR LOCAL CINEMA? p460P521 Teletext 521 Jun20 02:56:18 ——————————————————— ————— ALL EYES ON BANK MINUTES Airport management group RBI is one of a relatively few companies to report figures in the coming week. Discount shari dealing firm City ShareShop believes RBI will announce a slight fall in profits, on the previous year, to £19.8m. Tim Jenkins of City ShareShop says there was excitement recently over the group's move to buy the subsidiaries of Airport Group International of the US. ——————————————————————————————————7/8—— How to...manage Peps effectively 523 CITY NEWS p500P521 Teletext 521 Jun20 02:11:51 ——————————————————— ————— ALL EYES ON BANS MINUTES Economic news is set to dominate the business headlines in the coming week. An idea of the health of the economy should come on Wjdnjsdaz, with figures showing how well the US is trading with the rest of the world. And futhjt evidence, if any is njedjd, of the soaring housing market will conj on Friday, with mortgage lending data from the banking groups. ——————————————————————————————————8/8—— Teletext football shari league 527 SHARE MOVERS AND SHAKERS p518