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Howard Archer

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Banks still reining in lending despite incentives

19.11.09
Despite massive injections of public money and government promises to eat up bad debt, banks are still being stingy about lending to UK businesses figures suggest... more

Petrol will hit £5 a gallon as inflation rises for the first time since February

17.11.09
Video: Surging petrol prices have pushed the rate of inflation up for the first time since February... more

Builders still feeling the pain

03.11.09
Latest construction activity figures reveal the market contracted for the second month in succession and last month it fell at a faster rate than in September... more

House prices hit one-year high but rise is slowing

30.10.09
NEW: House prices are higher than they were a year ago for the first time since the start of the recession... more

How the sectors have been affected

23.10.09
This year it appears that retailers will be right in predicting Christmas will be tough. Top retail bosses including Topshop owner Sir Philip Green have been saying for months that talk that the recession was over looked premature. ... more

Recovery hopes grow as manufacturers up prices

11.09.09
Prices are again rising at the factory gate, sparking hopes of renewed economic recovery but also raising the spectre of inflation and tighter profit margins for business... 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

Inflation on the retreat as manufacturers cut prices

10.07.09
There were fresh signs inflation is falling when prices at the factory gate were shown to be dropping at the fastest pace for 12 years ... 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

Leap in home loans fuels hopes recession has ended

11.06.09
The number of people signing up to new mortgages leapt in the spring, the latest signal that green shoots in the UK economy may be taking root ... more

Surprise rise in UK industrial output

10.06.09
The UK’s industrial output unexpectedly rose in April, the first month-on-month increase since February 2008, figures published today show ... more

Rise in mortgage deals brings hope that homes market has bottomed out

14.04.09
The housing market was given a glimmer of hope with a small rise in the number of home loans... more

UK manufacturing down in February for 12th month

07.04.09
Manufacturing output in Britain declined in February for the 12th consecutive month, although at the slowest rate in half a year, the government said ... 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

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

Tumbling rates may bring end to free banking

05.03.09
The future of free banking is in fresh doubt as historically low interest rates threaten bank profits... more

House prices fall again but signs point to buyer return

26.02.09
Property: The slump in house prices accelerated this month, dashing hopes that the decline was coming to an end... more

Interest rate could drop to just 1 per cent

21.01.09
Interest rates look set to be slashed to a record low next month after the Bank of England revealed there was unanimous support for this month's cut... more

Bosses gloomy in CBI survey

19.11.08
Economy: Manufacturers are at their most depressed since 1980 according to the latest survey from the CBI ... more

Bank urged to cut rates as service sector suffers

05.11.08
The Bank of England was asked to slash interest rates after a key part of the economy sank deeper into recession... more

Property prices hit by record fall

28.10.08
Fresh evidence of the turmoil in the housing market emerged as new figures showed prices down by eight per cent and repossessions soaring... more

Output falls for the sixth month in row

07.10.08
British manufacturing has plunged into its worst crisis for nearly 30 years as the economy heads into recession... more

High Street sales plunge to lowest for 25 years

29.07.08
City economists warn of approaching recession as High Street consumer spending slows down amidst rising food, fuel and mortgage prices... more

Woe for UK factories fires fears of recession

01.07.08
Britain is on the verge of a stagflationary recession with prices galloping out of control and demand drying up... more

Savers pile it up, card debt leaps

30.06.08
A tale of two personal finance consumers emerged today as those who can afford to save banked their cash at the fastest rate in six years while those who cannot are heaping more and more on their credit cards... more

House market throttled as loans fall 56%

24.06.08
The biggest ever fall in the number of mortgages being approved has been reported... more

Price fears hold Bank back from a rate cut

08.05.08
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

City greets Bank help but warns on housing

21.04.08
The City welcomes the BoE's £50bn funding package - but warns there is no magic cure for the housing market... more

Deficit dents Darling plan as borrowing overshoots

18.04.08
The public finances are heading for the rocks, according to City economists... more

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