Britain’s recovery has been dealt a fresh blow, after the United States Department today dispelled private sector speculations that the low US GDP growth of 1.8% would be revised up
A report confirming the importance of the Doha Round of trade agreements has been welcomed by a financial services body, TheCityUK.
Gross mortgage lending has fallen by 11% since March 2010, depressed by UK householders’ efforts to reduce indebtedness
The Bank of Scotland has been landed a £3.5 million fine for ‘mishandling complaints’ of customers that were insufficiently informed about investment products offered.
The OECD have unveiled a new, interactive index that will let people measure and compare their lives in a way that goes beyond traditional GDP numbers.
The Government’s Mortgage Rescue Scheme- intended to help households facing repossession of their properties- overran its budget by £35 million whilst helping less than half the anticipated amount.
Nationwide chief executive comments on the building society’s delivering a 30% growth in profits for the 2010/2011 financial year
Despite the signing of a multi-billion pound pledge between the nation’s leading banks and government to increase lending to UK businesses, figures published today by the Bank of England have confirmed a £2.2 billion shortfall in lending.
Consumers pay an average of 12.7% on a £5,000 loan- the highest sum in a decade.
As predicted, the consumer prices index (CPI) of inflation has climbed again, reaching 4.5%.