BoE's Mark Carney: 'Tremendous Sympathy' for Savers but Holding Interest Rates Down Essential for UK Recovery
Governor Carney said keeping the base rate at its record low will lift UK GDP by over 0.5%.
Mark Carney's Unemployment Rate-Linked Forwad Guidance Brings Dangers
When the UK labour market is so dismal, a fall in unemployment doesn't necessarily mean a healthy economy, argues Shane Croucher.
Britain Opens World's Second Largest Offshore Wind Farm Off Suffolk Coast
£1.3bn Greater Gabbard offshore wind farm fields 140 turbines and is run by SSE.
Mark Carney's Forward Guidance: A 'Profound Shift' or 'Dangerous Development' for BoE?
UK Chancellor George Osborne, Labour's Ed Balls and FSB's John Allan among critics and supporters
BoE's Mark Carney to Keep Record Low Rate Until Unemployment Drops Below 7%
Bank of England Governor unleashes forward guidance by tying base rate to unemployment
UK Economic Recovery Gathers Pace in July
NIESR GDP estimate predicts 0.7% growth in three months to July as service, manufacturing and construction sectors expand.
Fitch Attacks Help to Buy: Profit Boost for Banks and Builders but Few New Homes
Fitch Ratings casts doubt over effectiveness of Chancellor George Osborne's Help to Buy scheme in boosting housing supply.
UK Manufacturing and Production Lift Confirms Second Quarter GDP Data
ONS: 'no impact' to 0.6% GDP estimate for Q2 as data confirms manufacturing and production output pick up
Greggs Shares in Meltdown After Baker's Profit Eaten by Falling Sales
Greggs said like-for-like sales at its stores were down 2.9%, shaving £4.6m off its pre-tax profit.
Bernie Ecclestone Faces Fresh Legal Assault over F1 Group Sale Bribery Claims
London judge orders Formula One Group and CVC to disclose sale documents to German media group Constantin Medien.
BP: Ferc's Natural Gas Market Manipulation Allegations 'Without Merit'
US regulator the Federal Energy Regulatory Commission gives BP 30 days to defend itself against claims.
UK Service Sector Activity Rockets to Six-and-a-Half Year High
Markit/CIPS service sector PMI soars on rising output, new orders, sales and staffing levels.
Balfour Beatty Uses Zero-Hours Staff on Public Contract
Infrastructure and services giant hires cleaning staff on zero-hours contracts for the West Berkshire Council.
EXCLUSIVE: UK Town Halls Hire 1000s of Zero-Hours or 'Casual' Contractors
IBTimes UK's investigation uncovers widespread use of no-guaranteed working hours arrangements at local councils across Britain.
One Million British Workers on Zero-Hours Contracts
CIPD survey shows 750,000 more on zero-hours contracts than the official estimate.
Company Insolvencies Rise Despite Healing UK Economy
Company liquidations soars 10.5% in second quarter, says Insolvency Service.
UK Fracking: Cuadrilla Resources Starts Exploratory Drilling in West Sussex
Cuadrilla drilling initial 3,000ft vertical well in search for commercially viable shale gas extraction.
Homebuilding Lifts UK Construction Sector to Highest Output Growth Since June 2010
Markit/CIPS PMI survey for July reveals strident UK construction sector as output spikes sharply
Consumer Spending Boost to Lift UK Growth
NIESR lifts UK growth forecasts for 2013 and 2014 on prospect of consumer spending bounce.
ONS: 50,000 More UK Workers on Zero-Hours Contracts than Estimated
Office of National Statistics data shows that there were 250,000 UK people on zero-hours contracts in 2012
Commercially Cumbersome Politicians Hindering British Business - FTSE100 Bosses
Korn/Ferry survey shows FTSE100 chairmen and women lamenting lack of commercial understanding among politicians.
'March of the Makers' as UK Manufacturing Output Hits 28 Month High
July's Markit/CIPS manufacturing sector PMI reading beats expectations, coming in at 54.6.
Nigerian Oil Theft Sends Royal Dutch Shell Earnings Down
Shell also hit by impairments to Italian business and liquids-rich shale properties in North America.
China Owes Hollywood Millions in Box Office Revenues on Skyfall, Man of Steel and Star Trek Into Darkness
Hollywood studios in tax dispute with China Film Group, which is delaying the payment of box office revenues.
Challenger Bank Aldermore Boosts SME and Consumer Lending by 60%
Aldemore growing rapidly as deposits rise and bank taps Funding for Lending Scheme.
British Business Backs David Cameron's EU Referendum for UK
British Chambers of Commerce finds overwhelming majority of firms want in/out EU referendum, but back UK staying in.
Government 'Brainwashing' Britain Over Mythical Workplace Compensation Culture
TUC says government wants to strip away health and safety laws to make it harder for workers to claim against employers.
World Economy Reaches 'Decisive Turning Point'
ACCA/IMA Global Economic Conditions Survey shows business confidence rising in UK and beyond.
Housing Minister Mark Prisk: No Plans to Limit Foreign Investment in London Property
Government denies of foreign investment curb into London property.
BP's Gulf of Mexico Oil Spill Compensation Fund Drys Up
Oil giant BP shells out further $1.4bn in Deep Horizon explosion compensation payments during second quarter.
