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UK Spotlight
A recent report by BDO Stoy Hayward has revealed that true extent of rising business fraud across the UK. The study has shown an alarming 74% rise over the last six months and signs that worse is...
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UK economy News Archive → Syndicate this
Wednesday 30th May 2007
Rate hike 'likely' despite Eurozone slowdown Growth in the eurozone fell moderately last month, according to new figures released by the European Central Bank (ECB). However analysts have warned that despite the slowdown, the bank is still l...
Tuesday 29th May 2007
New phone service for benefit claimants The government has launched a new free phoneline to speed up the process for awarding benefit claims. Ministers say that in most cases benefit applicants will now need to speak with just one call ...
Sunday 27th May 2007
Economy prospects worry Brits A minority of British consumers are concerned about the economy's direction in the next 12 months, a survey suggests. The 2,000 respondents to a survey carried out for investment management firm S...
Friday 25th May 2007
New generation of SAVIES A new term has been coined to describe a generation of people who are taking on a second job without a fixed salary, according to Bradford & Bingley. Secondary and variable income workers, or ...
Friday 25th May 2007
Service industries boost UK economy Service industries boosted the UK's economy despite a flagging manufacturing sector, official government statistics revealed today. Figures from the Office for National Statistics show that the UK...
Friday 25th May 2007
Online tool finds fuel poverty 'hot spots' A new online tool for pinpointing England's 'hot spots' of fuel poverty has been launched by the Centre for Sustainable Energy (CSE) and the University of Bristol. The so-called Fuel Poverty Indic...
Wednesday 23rd May 2007
Brits walk off with £1.7 billion extra Figures released by the government have revealed that £1.7 billion has been overpaid to the British public last year in tax credits. Since the tax credit scheme started in 2003, around £...
Wednesday 23rd May 2007
Bank tempted by half-point hike in May meeting The Bank of England considered raising interest rates by 0.5 per cent to 5.75 per cent in its May decision. Minutes from the May meeting of its monetary policy committee (MPC) show unanimity on th...
Tuesday 22nd May 2007
Government drives on with road-pricing plans The government is pushing ahead with plans to introduce road pricing despite huge public opposition to the proposals. Earlier this year more than two million people signed an online petition on th...
Friday 18th May 2007
GPs urged to cut drugs bill The NHS could save more than £300 million a year if doctors prescribed medicines more effectively, the government's spending watchdog has said. According to the National Audit Office (NAO), w...
Friday 18th May 2007
Pay deals fall despite climbing inflation Growth in average pay deals slowed to three per cent in the three months to the end of April, in an indication that rising inflation has not sent wages spiralling. The modest increase followed the...
Friday 18th May 2007
High street sales slip Britain's retail sales fell by 0.1 per cent during April thanks to falls in household goods purchases, figures from the Office for National Statistics (ONS) show. The slight month-on-month slip wa...
Thursday 17th May 2007
Pensioners failing to take up benefits As many as 1.6 million pensioners could be suffering poverty because they are not taking up state benefits that they are entitled to. The Commons public accounts committee (CPAC) revealed that on...
Thursday 17th May 2007
Rate hike prospect sinks in Borrowers and mortgage-holders are taking in the prospect of another rise in interest rates later this year. The Bank of England's quarterly inflation report gave a clear indication yesterday that...
Wednesday 16th May 2007
Consumers expect more rate rises The majority of UK consumers expect interest rates to rise further over the coming year according to new research. Some 80 per cent of people questioned by Lloyds TSB Corporate Markets predicted h...
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