Chancellor George Osborne takes a double dose of bad news on the UK's fragile economic fightback only hours after admitting growth forecasts are certain to be slashed back... more
Britain's manufacturers fared worse than previously feared between April and June, but the fall wasn't big enough to damp the growth of the wider economy, number-crunchers have declared... more
The Bank of England's powerful monetary policy committee is increasingly concerned about the fragile state of the UK economy, minutes of its latest meeting show... more
The Financial Services Authority was getting a kicking from housebuilders and mortgage lenders even before yesterday's comments from its chairman Lord Turner that the building society liberalisation had gone too far.... more
The Bank of England looks unlikely to extend quantitative easing any time soon, as blockbuster GDP figures suggest there is little need yet to flood the economy with more money... more
City Comment: UK house prices should have fallen a lot further than they have done in this recession, or so many economists would have us believe... more
Trade: November was the worst month for British manufacturers since the mid 1980s as export markets dried up, firms went bust and domestic demand was reined in... more
Trade: November was the worst month for British manufacturers since the mid 1980s as export markets dried up, firms went bust and domestic demand was reined in... more
City analysts warned that Britain could be facing a severe recession as ¡°truly dire¡± official figures revealed that the economy is contracting much faster than expected... more
It is tempting to believe when the credit markets are in turmoil and the banking world is coming apart at the seams that this is the only thing happening in the world... more
Afternoon:
8°c
