Headcount in the financial sector has increased at its fastest level since September 2007, despite an overall reduction in the rate of business growth
A report published by Banker magazine suggests the UK banking sector has slipped behind its main competitors since the global financial crisis.
The recovery of the UK economy could be put at risk as increasing numbers of small and medium-sized businesses are not applying for external forms of business finance in order to run and grow their business.
Net in vestment in the UK economy has remained steady at around £17billion for the past three quarters
Public sector borrowing, the Office for National Statistics yesterday revealed, declined both year-on-year and compared to the previous month.
The persistently high consumer prices inflation that has plagued the UK’s economy for the past three years is due to a number of external shocks and not due to the Bank of England’s lax fiscal policy.
Proposals to ‘ring fence’ retail and investment arms of major banks were yesterday given the seal of approval by Chancellor George Osborne
17 grants, totalling some £2m a year, are being awarded to voluntary and community sector organisations across the UK by HM Revenue & Customs.
Consumer prices inflation has remained unchanged this month in the face of fluctuating prices from the 4.5% figure revealed by the Office for National Statistics last April
The taxman will soon target private tutors, e-traders and tradesmen- groups perceived to pay too little tax, HM Revenue and Customs have announced.