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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 ...
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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... |
Tuesday 25th March 2008
Retailers hit by cold weather The anticipated Easter upsurge in High Street sales is likely to have been hit by the spate of cold weather, it has been predicted. Earlier this month, the British Retail Consortium (BRC) said it... |
Wednesday 19th March 2008
Little support for rate cut in MPC meeting The Bank of England's monetary policy committee (MPC) voted overwhelming in favour of keeping interest rates on hold last month, it has been revealed. Minutes from the MPC's meeting show that eig... |
Tuesday 11th March 2008
Factory gate prices remain at 16-yr high Factory gate prices in the UK stayed at their highest level for 16 years during February, fuelled by skyrocketing costs for raw materials. According to the latest figures from the Office of Natio... |
Monday 10th March 2008
Darling to tackle £5bn hole in finances Alistair Darling will be forced to tackle the UK's burgeoning public debt with a package of new taxes over the next eight years. The chancellor of the exchequer will require the increased revenue... |
Thursday 6th March 2008
Bank of England sticks at 5.25% The Bank of England has kept interest rates at 5.25 per cent, despite slowing consumer spending. Several reports have suggested that the UK might be moving towards recession due to the ongoing cre... |
Tuesday 4th March 2008
Thoresen: National financial help service should be set up A national service for people to share their money worries with experts has been recommended by the chief executive of insurer Aegon UK, Otto Thoresen. Mr Thoresen was hired by the treasury to con... |
Thursday 21st February 2008
Public transport delays hitting UK businesses Delays caused to worker's commutes by public transport are costing UK businesses millions of pounds every month, it has been revealed. A poll conducted by Abbey Business Banking found that the av... |
Wednesday 20th February 2008
BoE voted for cut by 8-1 The Bank of England's (BoE) monetary policy committee (MPC) approved last month's 0.25 per cent reduction of the base rate of interest by eight to one, minutes from the meeting reveal. Earlier th... |
Tuesday 19th February 2008
Consumer spending to slow in face of crunch UK banks' adoption of more stringent lending criteria is set to significantly cut consumer spending levels this years, a member of the Bank of England's monetary policy committee has predicted. T... |
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UK economy
As Gordon Brown urges the rest of the world to follow his lead and pump billions of pounds of tax payer’s money into the banking system you could be mistaken for thinking that he has gone from zero... 
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