The economy

Autumn Statement 2012: key announcements summarised

Chancellor George Osborne has delivered his 2012 Autumn Statement to the House of Commons. Here's a quick round-up of the key announcements, with more in-depth analysis to follow.

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Autumn Statement 2012: business groups want measures for growth

Chancellor George Osborne will make his Autumn Statement at 12:30 today, outlining the Government's plans for the economy based on the latest forecasts from the Office for Budget Responsibility. We take a look at the measures that leading business groups have been calling for.

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Business groups set out Autumn Statement proposals

Business rates and the tax-free pension allowance should be frozen in 2013, according to business groups who have been voicing their priorities ahead of Chancellor Osborne's Autumn Statement tomorrow.

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Energy Bill maps out route to a low-carbon economy

A framework to kick-start the UK's move towards becoming a low-carbon economy has been unveiled by energy minister Ed Davey.

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Eurogroup agrees fresh bailout deal for Greece

A new round of bailout loans for Greece, to the tune of €44 billion, has been agreed by Eurozone finance ministers and the International Monetary Fund (IMF).

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Hidden debts of closed businesses costing UK economy £4.7 billion a year

Businesses choosing to close down voluntarily without going through the official insolvency process are costing the UK economy an average of £4.7 billion every year, research from Experian has found.

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Unemployment falls by 49,000

The number of Britons in work jumped to 29.58 per cent of the population in the three months to September, taking employment to highs not seen since the recession, figures from the Office for National Statistics (ONS) show.

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Northern Ireland: £200m worth of initiatives announced

A range of measures designed to create and sustain employment opportunities in the local jobs market has been launched by the Northern Ireland Executive.

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Inflation jumps to 2.7% in October

Inflation in the UK rose sharply to 2.7 per cent in October up from its 24-month low of 2.2 per cent in September, latest figures from the Office for National Statistics (ONS) have shown.

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Poor web skills costing the UK economy £19 billion per year

Small businesses that sell their products online and use the internet to market themselves could boost their combined annual turnover by £18.8 billion, a report into the lack of digitisation in the UK has found.

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