The economy

Economy to grow 3.2% in 2014

The UK economy will this year grow by more than 3% for the first time since 2007, according to updated forecasts from the British Chambers of Commerce (BCC).

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Inflation falls in July

The consumer prices index rate of inflation fell to 1.6% in July 2014, down from 1.9% in June 2014, according to official figures.

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Scottish employment at record high

Employment in Scotland has reached the highest level since records began in 1992, according to figures published by the Office for National Statistics.

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NI apprenticeships could narrow skills gap

Businesses in Northern Ireland predict a skills shortage, according to research by Confederation of British Industry.

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Students dream of becoming entrepreneurs

Almost a quarter of people starting university this year plan to work for themselves when they graduate, research by HSBC has found.

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Housing market cools in July

UK house prices grew at the slowest rate in 18 months in July 2014, research by market analyst Hometrack has found.

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NI unemployment drops to 6.7%

The Northern Ireland unemployment rate fell to 6.7% between March and May 2014, figures released by the Office for National Statistics have revealed.

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Scottish GDP above pre-recession level

Scottish gross domestic product grew 1% in the first quarter of 2014, according to figures released by Scotland's Chief Statistician.

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Inflation rises sharply

The consumer prices index rate of inflation rose sharply to 1.9% in June 2014, up from 1.5% in May 2014, according to official figures.

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Manufacturing output falls 1.3%

UK manufacturing output fell by 1.3% in May 2014, the biggest drop since January 2013, according to official figures.

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