The Bank of England's chief economist has warned of a stark slowdown ahead for the British economy this year as unemployment hit a 17-year high... more
The number of people signing on for the dole rose at its fastest pace for more than two years last month, as Employment Minister announces 'encouraging signs'... more
Mortgage holders breath a sigh of relief as the Bank of England's monetary policy committee clearly signals it is not likely to raise interest rates any time soon... more
Huge dilemma facing the Bank of England underlined as stubbornly high unemployment added to the headaches of rate-setters already grappling with soaring inflation... more
Pay-freeze Britain has become a harsh reality for millions of workers this winter, as companies refuse to award pay rises to staff in struggle to survive recession... more
Economic analysis: All the talk before next week's Pre-Budget Report is of the need for “a credible plan” to slash the Government's crippling debts... more
Economists have been surprised by the depth of the recession, the resilience of inflation, the scale of monetary easing and the way Government borrowing has risen... 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
Hopes rose that the economy would soon be in recovery mode after a flurry of positive predictions from pundits including billionaire investor George Soros... more
The property market collapse still has two years to run and will not bottom out until prices are 35 per cent below their peak, a leading City forecaster warned... more
The statistics of this recession - for that is what it is regardless of whether or not the Whitehall wonks have officially declared it - are starting to look truly mind-blowing.... more
Budget report: The Bank of England has backed the Government's £20 billion gamble to save the economy but hinted that further cuts in interest rates are still needed... more
Exclusive: After high-profile allegations this season, Charlton's manager is pleased the issue is now being addressed but says the authorities still have plenty of work to do