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Chinese Minister calls for co-operation to boost global economy

05/08/2011

As genuine fears of a global economic recession started to become a reality with stock markets throughout the world suffering heavily, Chinese Foreign Minister Yang Jiechi urged all countries to cooperate to boost the global economy's recovery.


 

Credit for small businesses remains scarce

02/08/2011

The Bank of England’s Trends in Lending report, revealed that access to credit for SMEs remained broadly the same compared with the last quarter, despite Project Merlin and Business Growth Fund initiatives being launched in the first half of the year


 

PPI complaints hit 81000 in 3 months

02/08/2011

The scale of the Payment Protection Insurance fiasco has been quantified in the latest quarterly review from the Financial Ombudsman Service


 

UK GDP to return to moderate 2012 growth

01/08/2011

The UK economy will continue to grow, at a sluggish rate in 2011 before picking up modestly in 2012, according to the CBI’s latest economic forecast


 

Private sector pension crisis builds

01/08/2011

Poor levels of personal savings and an inefficient pensions scheme are failing workers, a new report by the Workplace Retirement Income Commission reveals


 

US debt ceiling raised

01/08/2011

President Obama has announced agreement between Republicans and Democrats on the mounting US debt crisis, delaying possible default.


 

US growth downgraded as default threat nears

29/07/2011

The United States’ real GDP growth rate has been revised down yet again, achieving a mean annual rate of 1.3%- well below private sector estimates of 1.8%


 

Banking remains ‘structurally flawed’, says Cable

27/07/2011

“Banking is a structurally flawed industry that has failed its customers, its investors and the taxpayers who stand behind it.”


 

IMF Chief: US and Eurozone debt greatest threats to global economy

26/07/2011

“Sovereign debt, growth, and social instability” are the three major challenges facing the global economy today.


 

GDP figure spells judgement day for Osborne

25/07/2011

Discussing the UK’s economic performance, and the tomorrow’s likely verdict, is Jeremy Cook, chief economist at World First currency exchange