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BoE's Weale urges caution over monetary stimulus
Friday 17 May 2013
Bank of England (BoE) policymaker Martin Weale had dashed hopes that incoming Governor Mark Carney will implement further monetary stimulus to lift the economy. Read More
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Prime Minister is 'deeply concerned' about potential petrol price fixing
Wednesday 15 May 2013
Prime Minister David Cameron has admitted he is 'deeply concerned' about the possibility that recent leaps in petrol prices is the result of price-fixing. Read More
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Bank of England forecasts stronger growth and lower inflation
Wednesday 15 May 2013
The Bank of England (BoE) lifted its growth forecast in a quarterly economic update Wednesday. Read More
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UK unemployment rises in first quarter, ONS figures reveal
Wednesday 15 May 2013
UK unemployment rose to 2.52m in the first three months of the year, according to the Office for National Statistics (ONS). Read More
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Cameron to publish draft bill on in-out EU referendum
Tuesday 14 May 2013
UK Prime Minister David Cameron is set to publish a draft bill for an ‘in-out’ European Union (EU) referendum on Tuesday. Read More
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Paypal co-founder Peter Thiel expected to invest further in London
Tuesday 14 May 2013
Peter Thiel, the co-founder of PayPal, will 'very likely' invest further in London, a business associate of the billionaire has said. Read More
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UK housing demand rises to multi-year highs, RICS says
Tuesday 14 May 2013
The government´s new 'Help-to-Buy' programme is already stoking demand for housing in the UK, according to the Royal Institution of Chartered Surveyors (RICS). Read More
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CBI expects GDP to grow but warns of challenges ahead
Monday 13 May 2013
The Confederation of British Industry (CBI) on Monday said the UK economy is set to grow throughout 2013, but warned 'clear challenges' lay ahead. Read More
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Construction drops to lowest level seen in 15 years
Friday 10 May 2013
UK construction output plunged it its lowest level in 15 years in the first three months of the year, data revealed Friday. Read More
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Osborne warns economic recovery is not guaranteed
Friday 10 May 2013
Chancellor George Osborne has warned that the recovery of the UK is not guaranteed, and has said that economies must be 'nurtured'. Read More
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UK trade deficit narrows on softer sterling
Friday 10 May 2013
UK trade moved further towards positive territory in March as the pound wallowed well below its pre-crisis highs. Read More
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Bank of England leaves policy settings unchanged
Thursday 09 May 2013
The Bank of England has, as widely anticipated, decided to maintain current policy settings in the wake of recent indicators which have suggested the UK economy has been moving in the right direction ... Read More
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UK industrial production trounces forecasts in March - UPDATE
Thursday 09 May 2013
UK industrial production output rose by 0.7 per cent month-on-month in March, according to the latest data out from the Office for National Statistics (ONS). Read More
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UK industrial production spikes higher in March
Thursday 09 May 2013
UK industrial production output rose by 0.7 per cent month-on-month in March, according to the latest data out from the Office for National Statistics (ONS). Read More
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UK retail sales improved in April but revival is hard to spot, BRC says
Wednesday 08 May 2013
The value of UK retail sales was down by 2.2% on a like-for-like basis in April versus a year ago, when they declined by 3.3% on the preceding year, according to the British Retail Consortium (BRC). ... Read More
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IMF visits UK as slow recovery persists
Wednesday 08 May 2013
The UK has experienced one of slowest recoveries of all developed economies, it was revealed on Wednesday, as the International Monetary Fund (IMF) began their annual health check of the UK economy. Read More
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House prices spike in April
Wednesday 08 May 2013
House prices rose by the highest monthly amount since November in April, although the number of mortgage approvals fell. Read More
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Britain better off leaving the EU, says Nigel Lawson
Tuesday 07 May 2013
Former Chancellor Nigel Lawson has called for Britain to exit the European Union (EU) as Prime Minister David Cameron faces mounting pressure from anti-EU supporters. Read More
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Household budgets continue to feel the squeeze as savings suffer
Tuesday 07 May 2013
New research has shown that as many as one in three people will be forced to reduce the amount they put into savings over the coming months as a result of mounting pressure on personal finances. Read More
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Car sales hit highest level since April 2008
Tuesday 07 May 2013
UK car retail sales jumped to their highest level since April 2008, the Society of Motor Manufacturers and Traders (SMMT) revealed Tuesday. Read More
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