All posts in Economy

Bank of England

Participants in Lending Scheme Extension make draw downs of £3.2bn in Q2

Draw downs of GBP3.2bn were made by nine of the 36 groups participating in the Bank of England and HM Treasury Funding for Lending Scheme (FLS) Extension during the second quarter of 2014, the Bank of England announced on Thursday. […]

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mortgage

Greater London sees 27% growth in loans to first-time buyers

First-time buyers in Greater London borrowed GBP3bn in the second quarter 2014, an increase of 27% on the same period a year ago and up 10% on the

UK economy driven by automotive industry

UK has exported five million cars since 2010

UK motor industry trade association the Society of Motor Manufacturers and Traders (SMMT) revealed on Thursday that UK car exports have reached five million since the beginning of

Westminster

UK tourism industry achieves record number of overseas visitors

Visitor numbers to Britain increased to an all-time high in the six months to June 2014, the government's Department for Culture, Media & Sport (DCMS) revealed on Friday. According

mortgage

Further decline in mortgage arrears and possessions in the UK

The Council of Mortgage Lenders (CML), a UK trade association for the mortgage lending industry, revealed on Thursday that there was a further decrease in mortgage arrears and

Employment

ONS Labour market report reveals steady increase in UK employment figures

The Office for National Statistics (ONS), the recognised national statistical institute for the UK, released its UK Labour Market, August 2014 report on Wednesday, which indicates that employment

Car tax

Rail and road funding tops UK government’s infrastructure spend — KPMG

Spending of GBP66.2bn on transport projects in the UK account for more than half the government's construction total pipeline value, professional services firm KPMG reported on Tuesday. KPMG has

Container Ship, sails from Southampton

UK’s trade deficit widens to £2.5 billion in June 2014

The UK's deficit on trade in goods and services was estimated to have been £2.5bn in June this year, in comparison to £2.4bn in the previous month, according

high speed rail

UK Government considers Crossrail services to key destinations in Hertfordshire

The UK Government has launched a study into the feasibility of extending Crossrail services to key commuter towns such as Tring, Hemel Hempstead, Harrow and Watford in Hertfordshire,

Manufacturing in the UK

SMEs put growth at risk by not taking advantage of older workforce skills

Almost half of small medium-sized companies (SMEs) in the UK are not taking advantage of an increasingly age diverse workforce that can continue to offer skills, according to

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