The economy

Economy 'just starting out' on road to recovery

The UK is entering the early stages of its recovery from recession but still faces many challenges, Mervyn King, the Governor of the Bank of England has said.

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Job losses predicted to continue into the recovery

Employers look set to shed more jobs in the final quarter of the year, suggesting that the UK labour market will remain under pressure even as the economy emerges from the downturn.

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Job vacancies on the increase

Both permanent and temporary job vacancies showed a rise last month.

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Service sector registers strongest performance for two years

The UK’s services industry has posted its best growth figures since the end of the summer of 2007, a new survey has claimed.

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Consumer confidence shows signs of recovery

Confidence among UK consumers, although still fragile, is at its highest for some 18 months.

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Business tax rises will 'push up' unemployment

The government has been urged not to impose additional taxes on smaller businesses.

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Income tax requires '7p hike'

To tackle the UK’s massive public debt, the basic rate of income tax should be raised by 7p in the pound, a leading think tank has said.

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Recession almost over, says BCC

The UK economy is on the verge of coming out of recession, the British Chambers of Commerce (BCC) has said.

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UK businesses becoming more productive

British businesses are showing signs of improvement in an area where they have long and traditionally lagged behind the international competition: worker productivity.

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