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UK Spotlight
Despite the fact that the worldwide economy is on a slippery slope it seems that less people filed for bankruptcy in the first quarter of 2008 compared to the same period last year. Figures...
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UK economy News Archive → Syndicate this
Friday 16th May 2008
Gordon Is Here To Save The Day Despite possibly the worst month since he began his spell in office, the Prime Minister Gordon Brown has today re-iterated his view that he is the man to lead the UK economy. He believes that his...
Friday 16th May 2008
Bankruptcy Numbers Show Fall From Last Year Despite the fact that the worldwide economy is on a slippery slope it seems that less people filed for bankruptcy in the first quarter of 2008 compared to the same period last year. Figures...
Monday 28th April 2008
Brit businesses defying crunch, says BCC The majority of UK businesses remain optimistic of their prospects this year despite the credit crunch, a new survey has suggested. According to a study conducted by the British Chambers of Comme...
Friday 25th April 2008
Pay increases slowing in April Pay increases for UK workers appear to be moderating in April, new data suggests. New figures from payments specialists IRS show that during the first three months of this year the rate of pay in...
Sunday 20th April 2008
Lloyd's TSB appoint new retail division director Bosses at Lloyds TSB have announced that finance director Helen Weir is moving to head up the banks retail division. Helen Weir, 45, was offered the position after previous Lloyds TSB retail...
Tuesday 15th April 2008
March House Price Falls Steepest On Record While the government and the Council of UK Mortgage Lenders argue over who is to blame and what needs to be done to protect the property market from the credit crunch, a damning report has been...
Tuesday 15th April 2008
House price balance 'worst for 30 years' More surveyors believe that house prices are falling in the UK than at any time for 30 years, the Royal Institute of Chartered Surveyors (Rics) said today. According to the association, the dispar...
Wednesday 9th April 2008
Bank tipped to make 0.25% cut to base rate Analysts are tipping the Bank of England's monetary policy committee (MPC) to cut interest rates this week, amid signs of an economic downturn. The MPC is expected to trim rates by 0.25 per cent,...
Monday 7th April 2008
Insolvencies up 8.5% in Q1 The number of insolvencies rose to 4,798 during the first quarter, as the credit crunch begun to impact on UK businesses. This figure is 374 more than in the preceding period and an increase of 1...
Thursday 3rd April 2008
£1bn lost to tax evasion last year Tax evasion offences could be cut by imposing more effective punishments on offenders, it has been claimed. According to a new report conducted by the National Audit Office (NAO), HM Revenue and ...
Tuesday 1st April 2008
UK economic growth 'to halve this year' The rate of growth for the UK economy during 2008 will be half that seen last year, an economics consultancy has predicted. A report from the Centre for Economics and Business Research (CEBR) for...
Friday 28th March 2008
Bank urged to provide more liquidity Calls for the Bank of England to intervene more decisively to arrest the impact of the credit crisis are mounting following the revelation that UK lenders are not receiving the amount funding they ...
Thursday 27th March 2008
King sparks hope of April rate cut The Bank of England could be poised to cut interest rates as early as next month, economists have predicted. It had been widely thought that the Bank would wait until May to trim the key base rat...
Wednesday 26th March 2008
212,000 skilled migrants to enter UK this year Around 212,000 skilled economic migrants are expected to enter the UK this year, according to new research. A report from the Centre of Economics and Business Research (CEBR) predicts that the ma...
Wednesday 26th March 2008
FSA shores up risk monitoring after Northern Rock affair The City watchdog has outlined plans to prevent a repeat of the Northern Rock crisis. In a hotly anticipated review of its own handling of the Northern Rock crisis, the Financial Services Authori...
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