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UK Spotlight
The Vauxhall operation at Ellesmere Port in the north-west of England appears under serious threat as the UK car market continues to fall to new lows. As we covered in one of our earlier articles...
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UK economy News Archive → Syndicate this
Friday 18th July 2008
Is Gordon Brown Moving The Fiscal Goal Posts? After it was announced that the UK government has borrowed a staggering £24 billion in the first quarter of 2008, the highest level since records began back in 1946, there are grave concerns...
Friday 18th July 2008
Sir John Gieve Predicts Doom And Gloom For The UK When the deputy governor of the Bank of England starts talking about not being able to rule out a recession in the UK, it really is time to consider the worst. After months of trying to avoid the...
Friday 18th July 2008
More Strikes And More On The Way After this weeks strike by nearly 1 million council workers across the UK it has been announced that staff at the Northern Ireland passport office have voted to strike over pay. This is yet...
Thursday 17th July 2008
Brits 'to spend less on holidays for 2008' Britons will spend a collective £600 million less on their holidays this year, Abbey has said. The financial firm released new research today, showing that 2008's expenditure is likely to hit...
Wednesday 16th July 2008
Unemployment Set To Rise By 900,000 Over Next 2 Years While many analysts have been trying to avoid the thought, it seems that the UK is headed for recession with news that unemployment is rising at the quickest rate since the last major recession of...
Wednesday 16th July 2008
Boris Johnson Dismisses His Own Financial Report! In a move which only Boris Johnson could carry-put, he has dismissed his own office’s report into the financial management of the Greater London Authority and other peripheral organisations it has...
Tuesday 15th July 2008
June Factory Gate Prices Rise Again Figures from the Office for National Statistics (ONS) show that output prices rose 0.9% in June alone, taking the annual rise to over 10%, the largest increase for over two decades. The news is...
Tuesday 15th July 2008
High Street Sales Are Struggling Those who thought that May’s spending growth on the high street was set to continue for some time will be sadly disappointed with news that like for like retail sales in June were down some 0.4%....
Monday 14th July 2008
Mervyn King Walks The Walk On Pay While many top politicians and those in positions of power are prepared to talk the talk, very few of them actually walk the walk, with MPs a prime example. However, after hitting the City with...
Monday 14th July 2008
Worst of credit crunch 'still to come', CFOs say The worst of the credit crunch has yet to be experienced, business bosses have suggested. Deloitte recently polled 83 chief financial officers (CFOs) from top-350 companies in the UK - and found t...
Sunday 13th July 2008
Bank Of England Balance Sheet To Be Released The Bank of England will tomorrow release its balance sheet for the year ended 31st March 2008 and it should make very interesting reading after the last 12 months. There is already speculation...
Saturday 12th July 2008
Should Gordon Brown Be Addressing UK Issues Rather Than Meddling Overseas? The last couple of weeks have seen Gordon Brown venture out of his bunker at Number 10 with many in the UK expecting him to come forward with some radical plans to address problems in the UK....
Friday 11th July 2008
Bank Of England Under Pressure To Extend Liquidity Scheme As the money markets ground to a halt earlier this year, the Bank of England was forced to step in with a £50 billion asset swap scheme designed to get the money market wheels moving again....
Thursday 10th July 2008
Bank Of England Keeps Interest Rate At 5% It is not surprising to see the Bank of England refrain from moving interest rates higher as the fight against both inflation and a recession continue unabated. While there were many calling for a...
Thursday 10th July 2008
Will The 2012 Olympics Give The UK Economy A Timely Boost? As we approach the run-up to the Beijing Olympics, eyes are starting to move towards the London Olympics in 2012 and the potential impact this may have upon the capital and the UK economy. The...
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