The economy

Economy set to escape recession by end of the year

The UK economy is set to emerge from the recession during the fourth quarter of 2009, the CBI has forecast.

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Widespread pay sacrifices 'save' jobs

It has been estimated that a half of UK employees have made some form of pay sacrifice during the recession in an effort to preserve jobs.

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Consumers spending more on environment friendly goods

UK households are upping their spend on green goods and services, albeit slowly, a new report has revealed.

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Pre-Budget Report 2009: business reaction

Business groups greeted the Chancellor’s pre-Budget Report with a mixture of encouragement and dismay.

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Pre-Budget Report 2009: an overview

The Chancellor, Alistair Darling introduced a pre-election pre-Budget Report to the Commons that would, he said, “build a strong economy and a fair society”.

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'Increase' VAT to cut public finance gap

The government should consider a rise in the rate of VAT as a way of closing the gap in public finances.

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Business groups' wish lists for the pre-Budget Report

Over the past weeks, business organisations have been submitting their recommendations to the Chancellor ahead of the pre-Budget Report.

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Pre-Budget Report must 'support' business investment

The Chancellor should use the pre-Budget Report to provide firms with the sort of financial environment necessary for progressive investment.

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Economy still contracting but at slower rate

The UK economy is still shrinking but at a more moderate rate.

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