Howard Archer RSS feed

Inflation staying high thanks to soaring factory gate prices

Fri, 05 Mar 2010 12:09:47 GMT

The price being charged by factories for their goods shot up last month as manufacturers faced soaring costs of raw materials and energy, official figures show

Builders still in recession as worst part of economy

Tue, 02 Feb 2010 11:07:03 GMT

The construction industry remains mired in recession after housebuilders suffered a slowdown in demand after New Year

Britons use credit cards and overdrafts for Christmas spending

Mon, 01 Feb 2010 12:46:48 GMT

British consumers freed themselves from austerity in December, ramping up credit card debt and overdrafts to make the most of Christmas

City Spy: Take me back for �1 a year, Greg Hutchings pleads to Lupus

Wed, 27 Jan 2010 11:07:34 GMT

Forget Mitchells & Butlers � another battle royal is raging in the City that shows no sign of abating despite having gone on for several months

Sharp rise in factory prices stokes inflation fears

Fri, 08 Jan 2010 11:48:46 GMT

Factory gate prices shot up by more than expected in December at the highest rate for nearly a year as economists fret about inflation

Rush to swap cars before scrappage scheme ends

Thu, 07 Jan 2010 13:05:32 GMT

Sales of new cars rose for the sixth successive month in December as consumers rushed to buy before the end of the Government�s �2,000 car scrappage scheme and the cheap VAT rate

Savers losing out as inflation outstrips bank interest rates

Tue, 15 Dec 2009 13:35:47 GMT

Only nine savings accounts of 780 on the market are paying out interest rates higher than the level of inflation, after official figures published showed that prices rose by 1.9% in November

Manufacturers struggle as oil price rises sharply

Fri, 11 Dec 2009 15:36:07 GMT

Manufacturers fighting for profits in the recession were dealt a fresh blow by a sharp rise in costs

Builders still feeling the pain

Tue, 03 Nov 2009 13:27:59 GMT

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

House prices hit one-year high but rise is slowing

Fri, 30 Oct 2009 09:02:42 GMT

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

How the sectors have been affected

Fri, 23 Oct 2009 13:31:55 GMT

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.

Recovery hopes grow as manufacturers up prices

Fri, 11 Sep 2009 14:22:54 GMT

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

Jobless figures reach 15-year high

Wed, 12 Aug 2009 05:54:05 GMT

Worst recession for half a century

Fri, 24 Jul 2009 08:37:22 GMT

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

Inflation on the retreat as manufacturers cut prices

Fri, 10 Jul 2009 12:59:33 GMT

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

Pound rises to year high as inflation refuses to budge

Tue, 16 Jun 2009 13:32:04 GMT

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

Leap in home loans fuels hopes recession has ended

Thu, 11 Jun 2009 12:30:35 GMT

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

Surprise rise in UK industrial output

Wed, 10 Jun 2009 10:26:59 GMT

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

UK manufacturing down in February for 12th month

Tue, 07 Apr 2009 11:47:00 GMT

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

Signs of recovery as new mortgage deals leap by 19%

Mon, 30 Mar 2009 13:26:49 GMT

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

Earnings shock points to new action by Bank

Wed, 18 Mar 2009 13:58:31 GMT

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

Interest rate could drop to just 1 per cent

Wed, 21 Jan 2009 15:00:34 GMT

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

Bosses gloomy in CBI survey

Wed, 19 Nov 2008 13:53:01 GMT

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

Bank urged to cut rates as service sector suffers

Wed, 05 Nov 2008 10:32:37 GMT

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

Property prices hit by record fall

Tue, 28 Oct 2008 14:27:37 GMT

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

Output falls for the sixth month in row

Tue, 07 Oct 2008 13:41:01 GMT

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

High Street sales plunge to lowest for 25 years

Tue, 29 Jul 2008 13:18:56 GMT

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

Woe for UK factories fires fears of recession

Tue, 01 Jul 2008 13:49:53 GMT

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

Savers pile it up, card debt leaps

Mon, 30 Jun 2008 14:00:35 GMT

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

House market throttled as loans fall 56%

Tue, 24 Jun 2008 13:05:56 GMT

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