Chancellor George Osborne gainS a glimmer of good news on the UK's miserable public finances at the end of a week of woe for the British economy... more
The wallets of British shoppers took a fresh squeeze in July as retail prices rose at their highest annual pace for more than 15 years, gloomy official figures have revealed... more
UK manufacturing output fell unexpectedly in June and the country's trade deficit widened, increasing worries over how delicate any economic recovery may be... more
Pressure on Chancellor George Osborne over the economy heightens, as the previously strong manufacturing sector slammed into reverse in June with the first decline in activity for two years... more
It's a victory for City Spy. Former Bank of England rate-setter David "Danny" Blanchflower has admitted he needs to "eat a little humble pie" after attacking this column... more
An export-led recovery looks like a pipe dream after surprisingly poor figures showed the weak pound failing to boost demand for British goods overseas... more
Alistair Darling gets Budget “wriggle room” for £20 billion of pre-election giveaways amid signs Government borrowing this year will be lower than feared... more
Bank of England governor Mervyn King was under mounting pressure after it emerged he was defeated in a rare revolt on Threadneedle Street over how to deal with the recession ... more
City economists scrambling to rewrite forecasts for the year after a shocking decline in second-quarter output that none of them managed to predict... more
Economy: The Bank of England justified its half-point interest rate cut to 1% by warning that the British economy would keep declining sharply in the coming months... more
Economy: Pressure mounts on the Bank of England to cut interests rates by a full one percentage point when its monetary policy committee concludes its meeting on Thursday... more
Interest rates will be slashed to 3.5% from 5%, City economists forecast today, as the Governor of the Bank of England said inflation should fall next year amid fears of a stalling economy... more
Tonight:
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