Figures published today by the Office for national Statistics showed Public Sector net borrowing drop 7% in March compared to the previous year, even undercutting the Office for Budget Responsibility’s estimate
Public sector borrowing during March 2011 decreased by just under 7% over March 2010, the Office for National Statistics has revealed.
There must be an end to the dependence of the banks on taxpayer support,” says Margaret Hodge MP
Gross mortgage lending surged 21% from £9.3 billion in February, renewing hope in the UK’s housing market which in itself serves as a barometer for the wider UK economy
To help deliver sustainable growth, and for their own protection, banks and other financial institutions must improve how their finance functions understand and use risk considerations and information
Filing, sorting and paying out expenses costs Britain’s 1.2 million small businesses over 13 business days a year, significantly hindering their abilities to operate and grow
A runaway budget deficit and no apparent policies to address it saw New York based credit rating company, Standard & Poor’s (S&P), downgrade the United States’ short term outlook to negative, from stable
Norwich and Peterborough Building Society (N&P) have been landed with a £1.4 million fine for selling Keydata products to 3,200 customers without ‘suitable advice’.
Financial superpower JPMorgan reported first quarter net income of $5.6 billion, up 67% from the previous year
Currency expert Andy Scott from HiFX discusses the impact lower inflation and rising house prices will likely have on the future of Sterling