economy

Markit data shows UK service sector expanded faster than expected in January.

Further monetary easing is possible in case recovery doesn't pick up pace.

However, a Reuters poll of economists will show that the recovery slowed towards the end of 2014.

The IMF now expects global growth of 3.5% this year.

The Centre for Cities calculates that for every 12 jobs created in the south, only one was created in the north.

A sharp drop in oil prices and a stronger US economy will probably not be enough to brighten the outlook for global economic growth this year, the head of the International Monetary Fund said on Thursday (January 15).

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Japan decided to cut bond issuance to six-year low of 36.86tn yen, representing 38.3% of budget.

China's exports increased 6.1% in 2014, while imports gained only 0.4%.

Danny Alexander said the Tories are leading a 'wilful destruction' of public services.

The Ministry of Strategy and Finance said that the country's economy would grow by 3.4% in 2014, lower than 3.7% expected earlier.

Exports increased to 9.6% year-on-year in October, representing a steep rise and its highest in the past eight months, compared to 6.9% growth in September.

Thailand's planning agency has cut its economic growth forecast for 2014 to 1.0% from 1.5-2.0% set in August.

Markets hate uncertainty, so how can businesses develop a steadfast plan for next year?

Bank of Scotland PMI shows a strong performance by the services sector.

The research group say Britain's economy is set to grow by 2.5% in 2015.

Hong Kong's key property, tourism and retail sectors largely unaffected by pro-democracy protests.

GDP expanded by 0.7% in the July to September period.

Britain's interest rate has stayed at a record low of 0.5% for years

Expect 4QE by the time of the General Election, according to data trends forecast by the Global Liquidity Index.

Third of French visitors cancel Tunisia plans after French tourist Hervé Gourdel killed in Algeria.

New Rightmove study shows property price rises will rise between 14%-43%.

British finance minister George Osborne said weak economic data is a worry

Bank of England Deputy governor Nemat 'Minouche' Shafik warns of gap between two key indicators.

Virgin Media Business warns 23% of SME say they will not grow in the next six months.

G20 leaders claimed that they were close to adding an extra $2tn to the global economy.

Virgin Media Business says only 15% of teachers are 'totally computer savvy'.

China has experienced a bumpy year in 2014 with economic growth slowing to its lowest in 18 months.

The Office for National Statistics confirmed GDP was now 2.7% above peak

CBI survey shows business volumes rose at weakest rate in three months to August.