The economy

UK debt needs long-term fiscal reform

The UK’s debt compared with gross domestic product could almost double from its 2007 levels by 2015, the International Monetary Fund (IMF) has said.

Read more

Consumer confidence on the up

Consumer confidence climbed in August for the first time in six months, new figures have revealed.

Read more

Recovery gains credibility from latest figures

New data on retail sales, tax receipts and the level of public debt for the third quarter of the year suggest that the economy is maintaining a level of recovery.

Read more

Growth prospects remain uncertain, says Bank

Minutes from the latest meeting of the Bank of England’s rate-setting Monetary Policy Committee suggest that concerns persist about the UK economy’s ability to build up a head of steam in the recovery.

Read more

VAT rise likely to fuel inflation

The decision to raise the standard rate of VAT from 17.5 per cent to 20 per cent next year will be a significant driver behind a stubborn rate of inflation, the Bank of England has said.

Read more

Jobs recovery looks set to stall

The private as well as the public sector could be hit by job losses in the future.

Read more

Chancellor urges banks to up business lending

The Chancellor, George Osborne has called on the UK’s banks to improve the level of access that smaller firms have to finance.

Read more

Growth in manufacturing may not last in the longer term

UK manufacturing is enjoying a sharp rise in output, but the trend may not be a lasting one, a new report has warned.

Read more

Increase in risk of a second recession, says think-tank

The chances of the UK economy entering a second recession next year have risen, according to the National Institute for Economic and Social Research (NIESR).

Read more
Syndicate content