A brutal spending clampdown hammered the High Street last month as the biggest slump in sales for more than a year fuels fears of a consumer crisis... more
Britain's manufacturers are supposed to be driving the UK recovery but the engine spluttered to a halt in February, gloomy official figures have revealed... more
A triple-whammy of slumping business spending, a consumer squeeze and a dire trade performance hit the UK as the economy took an even bigger dive than first feared in the final quarter of 2010... more
A huge hike in tax receipts gave a much-needed shot in the arm for Chancellor George Osborne's creaking public finances last month, as the Government coffers see its biggest surplus for two and a half years... more
City experts claim that early rate hikes are far from a 'foregone conclusion' as Bank of England Governor Mervyn King struck a dovish tone despite forecasting a big spike in inflation this year... 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
An export-led recovery looks like a pipe dream after surprisingly poor figures showed the weak pound failing to boost demand for British goods overseas... more
The price of Government bonds soared as the Bank of England said it would wade into the gilts market, buying up as much as £75 billion of paper to unlock credit markets by improving the liquidity of a range of financial institutions... more
Economics: The pound has crashed to its lowest levels since 2001 — down a staggering six cents, below $1.40 — as one of the world’s leading investors declared: “Sterling is finished.”... more
Tonight:
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