Governor Mervyn King and the MPC face growth and inflation dilemma
International Head-Hunter says it will invest in regions with “long term” potential
Shadow chancellor Ed Balls warns of tax credits bombshell as new financial year starts.
Tough budgets in Iberia failed to lower borrowing costs, ECB holds key rate at 1 percent
Private non-bank firms post softer margins in Q4
Europe's sovereign debt markets were back in focus Wednesday after poorly-received bond sales from Spain and Portugal lifted borrowing costs and hit stock markets across the region.
Activity slumps below growth mark, but outlook hits 8-month high
Service sector growth builds on positive data from the construction, manufacturing sectors.
Mortgage lender's results show marked contrast to predictions of further slump in the market.
Bond yields rise as debt auction indicates investor concern over economic fate
Apple fever is spreading like wildfire around the world.†That’s according to one American tech analyst, who’s predicted the company’s share price will hit the one thousand dollar mark within the next 12 months.
Europe's biggest utility says may drop bid for final 30% stake
Food prices surge more 5.4% to lift "High Street" measure of consumer prices
Interested companies can submit their bid until July.
Growth in the UK's construction and manufacturing sectors pushed Sterling up against the dollar.
Government says Debt levels rise as jobless rate doubles past EU average
The British construction activities unexpectedly jumped in March as the increase in new orders supported the latest and fastest growth in activity for four and a half years, according to the latest data released from Markit/Chartered Institute of Purchasing & Supply.
Capital Markets Chairman steps down after 20 years with the bank
Brands in UK spent almost £5bn on online advertising, a 14.4% increase on 2010.
A Greek theatre has found a way of staging its own fight-back against news the country will be plunged into recession this year. By offering tickets in return for food!
Trade body says recession unlikely, but growth to remain weak
Despite all the messages of doom and gloom the British Chambers of Commerce reckons the UK won't slide back into recession this year.
Foundation for Economic and Industrial Research returns pessimistic outlook and criticises current austerity measures.
British economy may be poised for sharp recovery
Japan is going through a period of very hard choices which the current Prime Minister of its coalition government Yoshihiko Noda, is pressing the Diet, Japan's Parliament, to address. On 30 March 2012, Prime Minister Noda submitted laws to double the present sales tax of five per cent, proposing a rise to eight per cent in April 2014 and then to 10 per cent in April 2015. His determination, if necessary, to stake his Government's survival on these laws being passed by the Diet was made pl...
There are fears that in Asia inflation might return due to higher energy prices, food and wage costs as crude oil prices are expected to range between $125 to $128 per barrel. However, though oil prices are high in absolute terms, Brent crude prices are only 10% higher than a year ago and food prices are still comparitively lower than the previous year.
More than 17 million unemployed in February, a 1.5 million increase on same month in 2011.
Single-currency zone gauge indicates contraction, European shares fall
Bank lobby group boss to leave this summer after five-year term
A joint CBI/PwC Poll shows banks, insurance companies looking to add to current payrolls