A leading forecaster has warned the UK's economic recovery has hit a "critical juncture" as it slashed the country's predicted growth prospects for the next two years... more
The Bank of England is urged to 'hold its nerve' and not raise interest rates amid predictions that inflation could soar to nearly 4% during the early part of the year... more
The City was crying out for a credible plan to show how the Government will cut Britain's ballooning debts. It got nothing of the sort in the last Budget before the general election... more
The City poured scorn on Government plans to cut Britain’s ballooning debts by more than half as the Chancellor admitted the recession was deeper than he thought... more
Is the recession over? That question will finally be answered on Friday when gross domestic product figures for the third quarter are published... more
Hopes of economic recovery in the UK are “running ahead of reality”, a leading think-tank warned today as it forecast the deepest recession since the end of the Second World War... more
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
Tonight:
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