All posts tagged Economy

UK returns to growth

Bank of England welcomes improved economic outlook

The outlook for the UK economy is brighter, outgoing Bank of England Governor Sir Mervyn King said today. Presenting his last quarterly inflation report as head of the central bank, Sir Mervyn stated that the latest projections are for growth …

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99p Stores

Early Easter hits UK retail sales for April

UK retail sales in April were affected by the earlier Easter this year, the British Retail Consortium (BRC) confirmed today.
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UK_manufacturing

Conditions for UK manufacturers stabilise in April — Markit/CIPS

The UK manufacturing sector is showing signs of stabilising, according to a new report released today. The Manufacturing Purchasing Managers' Index (PMI), compiled by the Chartered Institute of Purchasing

Pound Sterling

Lending to UK businesses drops by GBP4.8bn

Banks and building societies have reduced their lending to British businesses in recent months, according to new figures from the Bank of England. In its latest quarterly Trends in

UK Manufacturing

UK business survey suggests confidence at 21-year low

Is it too early to predict that the UK will avoid its third recession in five years? It may be, according to a new survey by accountants and

Oxford Street, London

UK consumers held back from early Christmas spending this year

There were few signs of British consumers doing their Christmas shopping early this year, with retail sales remaining flat last month. Official figures released today show that UK retail

US Treasury

US economy poised for growth, but austerity threatens

According to a report from Canada-based financial services firm Toronto Dominion's (TSX: TD) (NYSE: TD) US-based TD Bank's TD Economics affiliate, the main obstacle standing in the path of faster US economic

Job creation

UK’s private sector job creation outpaces public sector job losses

Private sector employment in the UK has continued to increase, reaching a record high of 23.86 million in September 2012, official figures showed today. The number of people employed

London shopping centre

November shows 18 month high for UK consumer confidence

There was an unexpected rise in UK consumer confidence in November.  GfK NOP announced an 18 month high as British consumers became more upbeat about their finances and

Bank of England

Sir Mervyn King sets out scale of task facing new governor

The UK economy is facing an increased risk from the ongoing problems in the eurozone, Sir Mervyn King warned today. The outgoing governor of the Bank of England claimed

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