Inflation
Sterling has fallen against the dollar today after a dovish quarterly inflation report from the Bank of England cut growth forecasts and left the door open to further quantitative easing (QE).
The UK's unemployment rate showed a small fall from 8.3% to 8.2% in the first quarter, according to the latest figures from the Office for National Statistics.
Think-tank NIESR has warned rising unemployment rates, which will hit 9% by the end of the year, will do permanent damage to the UK's productive capacity.
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Bridgewater Equity Release has produced a sales aid to help advisers reassure customers when having discussions about home reversions.
Monetary Policy Committee(MPC) member Adam Posen has revealed his reasons for abandoning his call for further stimulus to boost the UK economy, following the publication of this month's minutes.
Renting a two bedroom home in London is unaffordable for families earning less than £52,000, research has shown.
Greater improvements in first-time buyers’ ability to buy in 2011 were prevented by the big rise in living costs, research has shown.
CPI annual inflation fell to 3.4% in February, down from 3.6% in January, according to the Office for National Statistics (ONS).
Martin Weale voiced fears over "persistent" inflation yesterday in a hawkish speech underlining the growing splits at the Bank of England over the path of monetary policy.
The eurozone crisis presents the biggest challenge to the UK economy which will likely follow a “zig zag” pattern of uncertain growth, said the governor of the Bank of England yesterday.
The Bank of England has raised its inflation forecast for two years' time to around 1.8%, more than some economists had predicted.
The UK inflation rate fell to 3.6% in January, down from 4.2% in December, official figures show
It was exactly three years ago today that the Monetary Policy Committee (MPC) made the crucial decision to drop interest rates to 0.5%. It has now been on hold for 35 consecutive months.
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