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UK Spotlight
City analysts today warned the government that the British economy is set to witness a recession which could last up to 18 months. Capital Economics predicts that the gross domestic product for the...
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Monday 2nd July 2007
Firms pessimistic about profitability says CBI The Confederation of British Industry (CBI) has said that financial services firms expect a "squeeze in profitability" in the next quarter in spite of rising business volumes during the l...
Thursday 28th June 2007
Queen 'costs taxpayers 62p' The Queen costs every British taxpayer 62 pence a year, according to new figures released by Buckingham Palace. Royal officials said the annual cost per person of funding the monarch was unchanged...
Thursday 28th June 2007
Darling appointed chancellor New prime minister Gordon Brown has appointed long-time political ally Alistair Darling to replace him as chancellor. Business leaders have welcomed the promotion of Mr Darling, who until yesterda...
Wednesday 27th June 2007
Rate rise hint from BoE deputy governor The deputy governor of the Bank of England (BoE) has said he voted in favour of a rate rise earlier this month because he was "not convinced" current rates were sufficient for long-term s...
Monday 25th June 2007
Job fears depressing consumer confidence UK workers' confidence about the security of their jobs is at its lowest for at least 32 months, according to the Lloyds TSB consumer barometer. Just 18 per cent of the 2,000 consumers surveyed sa...
Monday 25th June 2007
Call for UK productivity improvement Britain faces a "major productivity challenge" if it is to catch up with other European countries, a report claims today. The Centre for Economic Performance at the London School of Econ...
Monday 25th June 2007
Gender pay gap 'needs tackling' More must be done to close the pay gap between men and women, a gender equality campaign group has said. The Fawcett Society makes its call on the first day of the Wimbledon tennis championships, ...
Monday 25th June 2007
Pound back above $2 mark The pound briefly edged above the $2 mark this morning, edging close to record exchange highs. Shortly before 09:00 BST the pound hit a high of 2.006 against the dollar, breaking through the $2 ba...
Thursday 21st June 2007
Shortage of £5 notes attacked Bank of England governor Mervyn King has criticised the lack of £5 notes made available to consumers. In a Mansion House speech Mr King said Britain's central bank had an "ample supply&q...
Thursday 21st June 2007
Wealth gap 'will lead to blood on streets' One of Britain's richest men has warned the growing divide between the rich and poor could see the Paris riots of 2005 replicated on the country's streets. The warning from Sir Ronald Cohen, regar...
Tuesday 19th June 2007
Fathers 'putting careers on hold' A new survey has suggested that fathers in the UK are putting their careers on hold in order to care for their children. The ING Direct study claims that 43 per cent of dads have 'put the brakes o...
Tuesday 19th June 2007
Migrant workers 'benefiting' economy An influx of migrant workers has boosted the UK's economy, a new report published today has claimed. The study, published by the Trades Union Congress (TUC) dismisses claims that the arrival of im...
Tuesday 19th June 2007
Report attacks UK poverty One in ten children in the UK is living in 'severe' poverty, a new report has claimed. Save the Children said it was "an outrage" that children from such a wealthy country were living in...
Tuesday 19th June 2007
CBI predicts rate rise The Confederation of British Industry (CBI) has suggested that the Bank of England will increase interest rates again before the end of the year. According to the CBI's latest quarterly economic s...
Monday 18th June 2007
Human error 'costing businesses a fortune' Businesses are losing millions to fraudsters because of human error, a survey by the Department of Trade and Industry (DTI) has revealed. The survey of 1,800 people found carelessness with passwo...
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