Weather Tonight: 8°c Light showers Morning: 13°c Light showers

News

HEADLINES:
RSS

James Knightley

Latest articles

Prices keep tumbling as inflation hits five-year low

13.10.09
Inflation slumped to a five-year low last month as the worst recession since the Second World War put downward pressure on prices ... more

Pound and shares dive amid doubts over recovery

01.09.09
The pound and UK shares tumbled after mixed news on the economy - including an unexpected fall in the UK’s manufacturing activity in August - cast doubt over prospects for recovery ... more

Surge in home loans, store sales lift hope of recovery

20.08.09
Hopes of economic recovery have been fuelled by a sharp rise in mortgage lending and improved sales on the High Street... more

City shock as inflation blip hints at early rate rises

18.08.09
The City was wrong-footed again by shock figures showing inflation remained stubbornly above expectations last month... more

Factories in turnaround on output

03.08.09
The Bank of England’s interest-rate setters had more positive news on the economy to chew over at this week’s meeting after figures showed British factory output back in growth ... more

City shocked as Bank pulls back from printing money

09.07.09
The Bank of England shocked City investors as it turned off the printing presses on its so-called quantitative easing programme ... more

Pound rises to year high as inflation refuses to budge

16.06.09
Inflation is falling at a slower rate than anticipated, prompting fears that interest rates might start rising sooner rather than later... more

Service sector returns to growth in May

03.06.09
The strongest green shoots yet seen in the UK economy were spotted today when research showed that the key services sector grew in May, for the first time in a year... more

UK leads rest of Europe in escape from recession

03.06.09
The UK was on course today to be the first European country to pull out of recession amid signs that the economy returned to growth last month... more

Snow deters shoppers as UK retail sales plunge in February

26.03.09
British retail sales plunged in February, posting the lowest annual growth rate in more than four years, as heavy snowy and economic gloom kept consumers away from the shops, official data showed ... more

Earnings shock points to new action by Bank

18.03.09
Average earnings are rising at the slowest rate for 18 years, part of an economic picture that more than one analyst dubbed "truly awful"... more

'Deep recession' puts zero rates in prospect

11.02.09
Economy: City economists predicted the Bank of England would slash rates quickly to zero per cent following the gloomy assessment of the economy from Governor Mervyn King... more

New 1% loan rate is lowest in history

05.02.09
The Bank of England has slashed its interest rate to an all-time low of one per cent... more

US economy shrinks 3.8% in cutbacks

30.01.09
Economics: The US economy collapsed at the end of last year, shrinking at its fastest pace since 1982... more

Factories gloom puts big rate cut on the cards

03.11.08
Economy: Latest statistics confirmed what industry already knows - the manufacturing sector is in recession.... more

Rate cuts forecast on King view inflation is peaking

16.09.08
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

Bank urged to cut rate as economy dips to 1992 levels

22.08.08
The Bank of England faces calls for an urgent cut in interest rates after it emerged the economy has come to a halt... more

'Which way next?' is the puzzle as rates are held

10.07.08
The Bank of England is stuck in an unavoidable "wait-and-see" mode, the City believes, after the monetary policy committee again held interest rates at 5%... more

Record UK retail sales increase 'is misleading'

19.06.08
A record month-on-month jump in retail sales was dismissed in the City as a misleading statistical anomaly twisted by the UK's capricious meteorology... more

City experts are taken by surprise

17.06.08
Economists today reacted with surprise to the "dovish" nature of Mervyn King's letter... more

Sterling in new dive as Bank admits recession is on cards

14.05.08
The pound slumped to fresh three-month lows as investors began fearing the worst for the British economy... more

Inflation burst dashes hope of rapid rate cuts

12.02.08
Hopes of a rapid string of interest-rate cuts seemed to be dashed today as soaring food and petrol prices pushed inflation higher... more

Don't Miss

Steamy scenes for Purnell in Turkish bath

Scheming over the future of the Labour Party continues even in the most unlikely places

All stories


Promotions

Environmental initiatives

Find out how you can help to meet the challenges of climate change in London.


The Open University

Every year The Open University helps thousands of professionals progress in their careers.


Win the Best Seats

In London theatre when you vote for your favourite celebrity spec wearer.


Breast Cancer Care

Donate £1 and leave a message of support for a loved one in the Swarovski Garden of Wishes.


Win an iPodTouch

With Courvoisier when you share your thoughts on this week's cocktail.