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Vicky Redwood

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Services boom is a quandary for the Bank of England

04.11.09
Britain moved a step closer to the end of recession today as the Bank of England grappled with how to secure a lasting recovery... more

What the City says…

03.11.09
... more

Home loans remain cheap but holidays abroad will cost more

23.10.09
The shock figures on the poor state of the economy today offer good and bad news for consumers... more

Economists fear a long battle ahead as recovery hopes dashed

23.10.09
Hopes of a swift recovery from the recession were dashed as City economists warned that Britain is now likely to face a longer battle to restore the country to prosperity... more

Government borrowing surge costs us £63m a day

20.10.09
Government borrowing ballooned to nearly £80 billion in the first six months of the year — a staggering £425 million a day ... more

City doubts Bank of England money-printing plan is working

29.09.09
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

UK recession is over, says Bank as FTSE edges upward

15.09.09
The Bank of England declared the UK recession over a year to the day after the collapse of Lehman Brothers sent the global economy into freefall... more

City 'experts' are left looking foolish by huge dive

24.07.09
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

Worst recession for half a century

24.07.09
Hopes of swift end to economic turmoil shaken as figures reveal far worse than expected decline in economy making it the worst recession in Britain in 50 years... more

Alistair Darling borrows £5k a second

21.07.09
... more

Unemployment rate jumps to highest since 1971

15.07.09
Unemployment in the UK rose to the highest level since 1997 in the three months to May, hitting 2.38 million ... more

Rally in services sector hits a hitch

03.07.09
The fragile state of the UK economy was underlined today after the recovery in the services sector stalled ... more

Consumers expect inflation to rise, says Bank survey

11.06.09
The British public expects inflation to pick up again in the coming year ... more

Hopes rise as decline in manufacturing slows

01.06.09
UK manufacturing declined at its lowest rate for a year last month, boosting hopes that there really are green shoots of recovery appearing in the hardest-hit part of the economy ... more

Sofa sales: the true indicator of recovery

16.04.09
Sofa sales will be the first sign that the economy is on the up, according to a report by economists... more

Signs of recovery as new mortgage deals leap by 19%

30.03.09
The first signs of recovery in the housing market emerged with a sharp rise in the number of new buyers... more

Mortgage lending plunges 60%

02.03.09
Mortgages: Mortgage lending dived by more than 60% during January to just one 10th of its level 12 months ago, figures showed... more

Retail sales rose unexpectedly in January

20.02.09
Retail: British retail sales unexpectedly rose in January as shoppers took advantage of aggressive price cuts to stock up on new clothes, books and CDs in the post-Christmas sales... more

Bank of England makes asset purchases

20.02.09
Finance: The Bank of England revealed it has started making asset purchases under its £50 billion pound program to kick start frozen lending markets as it awaits approval from the government to create new money... more

MPC voted 9-0 for printing more money

18.02.09
Economy: The Bank of England is poised to start printing money to prevent a sustained period of deflation and depression... more

Demand slump cuts trade gap to £7.4bn

10.02.09
Economy: The UK trade deficit with the rest of the world fell to an 18-month low in December as a slump in domestic demand led to a collapse in imports... more

Brown in final gamble: to print money

07.01.09
The Government may resort to printing extra money if interest rates keep falling... more

Bank faces calls to cut full percentage point

06.01.09
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

Jobless total hits 1.82m as things get tougher for Britain

12.11.08
Unemployment hit an 11-year high of 1.82 million amid fears that the jobless total could near three million by 2010... more

500,000 to fall into personal insolvency in three years

07.11.08
Up to half a million people will be overwhelmed by their debts over the next three years, a leading City economist warned... more

Shock in the City as UK economy falls off a cliff

24.10.08
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

Central banks' action starts a thaw in the money markets

13.10.08
The frozen money markets showed tentative signs of thawing as central banks and governments around the world battled the financial crisis... more

Retailers call for tax cuts in a bid to ease the sales pain

21.08.08
Struggling retailers have demanded tax cuts in a desperate plea to the Government in the face of the looming recession... more

Headache over rates as inflation hits highest since 1992

12.08.08
The Bank of England was today given a splitting headache after inflation soared to a shocking 4.4%... more

Property market faces paralysis as mortgage slump goes off the scale

30.06.08
The property market is on the brink of total paralysis with the number of mortgages approved by banks down by almost two thirds... more

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