A bigger tax haul for the Treasury's coffers eased the nation's borrowing bill in May, but there is still little sign of the Coalition's clampdown in spending, official figures show... more
Economics Analysis: There are features of the pre-downturn economic landscape to which we may never return - a more pressing question than whether growth is really higher than 0.1 per cent... more
The Government’s interest bill on its debt mountain will almost double in three years as investors demand larger yields to reflect the parlous financial situation... more
The City’s leading economists were hauled into the Bank of England this morning for a detailed question and answer session on its quantitative easing programme, otherwise known as printing money ... more
The amount of money moving around the economy is way behind the targets set by the Bank of England, indicating the Old Lady’s high-profile policy of quantiative easing is as yet failing to work... 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
The economy showed further signs of life as manufacturers put the worst of the recession behind them and the City bet interest rates will remain at record lows for another year ... more
The Bank of England looks set to hold interest rates steady this week for the first time since September, as it continues its £75 billion asset-buying programme to get the economy out of recession... more
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
Banking: The interest rate at which banks lend to each other has edged higher for the first time since the Government bailed out the British banking system more than three months ago... more
The Bank of England resisted calls to make its first back-to-back cut in interest rates in nearly seven years as the threat of rising inflation persisted... more
Morning:
6°c
