UK Economy Contracts 0.3% in Final Quarter of 2012
Triple-dip recession looms as ONS preliminary data says UK economy contracted 0.3 percent in 2012's fourth quarter.
Mark Carney: My BoE Governorship Will Be Transparent And Inclusive
Incoming governor reassures after ex-MPC member Adam Posen attacks Mervyn King's dominance in monetary policymaking.
Bank of England Minutes Reveal End May Be Near for QE
Monetary Policy Committee meeting showing preference for Funding for Lending Scheme to stimulate UK economy.
UK Adds £15.4 Billion to Public Debt Pile in December
Public debt as a portion of GDP now 70.7 percent, reports Office for National Statistics.
UK Inflation Sticks at 2.7% in December
ONS reports third successive month of UK CPI inflation at 2.7 percent.
Yen Slide Continues as Prime Minister Abe Urges 'Bold' Bank of Japan Action
Japan's currency hit a two and a half year low against the US dollar as investors bet BoJ will bow to new government pressure and add trillions in new stimulus.
European Stocks Open Mixed Ahead of Central Banks Meet
US economic concerns return after Fed's meeting minutes and further political wrangling indications.
US Unemployment Rate Stable at 7.8% in December
US unemployment rate remains stable in December, indicating a weak growth in the labour market.
Yen Continues to Weaken Following Abe Election Amid Longest Slide in Two Decades
Japan's currency hits two and a half year low against the US dollar following Fed minutes, Shinzo Abe statement
Bank of England Survey Points to High Street Lending Surge
Funding For Lending scheme is increasingly seen as the BoE's most important tool as impact of Quantitative Easing wanes
BoE: UK Economy Set to Contract in Final Quarter
Minutes from latest Bank of England MPC meeting also shows policymakers think inflation will be above target for most of 2013.
Might Future Autumn Statements Bring Greater Cuts in Welfare Spending?
George Osborne, Britain's Chancellor of the Exchequer, has often of late made reference to the fact that the Coalition Government has already reduced the country's Budget Deficit by a quarter since coming to power. Concentrating on Deficit reduction has not been politically comfortable for the Government with the opposition Labour Party being usually ahead in the opinion polls since late November 2010 - it didn't take long - and a ComRes survey for The Independent at the end of October...
George Osborne Backtracks on Importance of UK AAA Credit Rating
Chancellor tells Treasury select committee 'ultimate test' is gilt market with UK's top rating at risk after autumn statement.
US Fed to Keep Benchmark Rates at Near-Zero Levels
Rate to be maintained till unemployment dips to 6.5% or lower.
Baltic Dry Index Plunges Most in Four Years on Global Trade Concerns
Benchmark gauge of global shipping costs falls more than 12 percent in two days following weak US and China trade data
UK Economy Grew 1% in Third Quarter Confirms ONS
ONS's second estimate of UK GDP data for Q3 reiterates original headline figure.
IFS Sees Five More Years of Austerity, Debt Target Miss in Osborne's Autumn Budget
George Osborne may have to scrap 'unrealistic' debt target for UK, says thinktank.
Bank of England Minutes: Rate Cuts Unlikely as Inflation Concerns Persist
Bank of England votes 9-0 to hold key lending rate at record low and 8-1 to keep its £375 asset purchase programme unchanged
Britain's Debt Pile Grows as Osborne Borrows More in October
ONS figures show government borrowed £2.7bn more in October than same month in 2011.
How Political Hacks Misuse ONS Inflation and Employment Data
Every month commentators use headline figures to bash each other's head in, but they really need to look deeper at the UK economy data.
Bank of England Sees Faster Inflation, Sluggish Growth as Eurozone Crisis Deepens
Mervyn King says Britain faces "unappealing" mix of faster inflation and slow growth as uneven recovery path begins next year.
UK Unemployment Falls but Claimant Count Soars as Olympics Jobs Fade
London 2012 boost gone as more Britons claim the dole though employment rate improves.
ICAP’s Spencer: Toughest Trading Conditions in 36 Years
City veteran and CEO of ICAP Michael Spencer unleashes a checklist of reasons for why trading conditions are the worst in nearly 4 decades
Trebling Tuition Fees Trigger October Inflation Spike to 2.7%
Education costs rise by twice as much as previous monthly records since records began, said ONS.
Taxman Takes Hit as City Christmas Bonuses Drop to £6,400 per Head
CEBR reports City of London bonuses fall again this Christmas as financial sector activity slows in 2012.
Construction4Growth Campaign Trying to Rebuild Britain's Crumbling Economy
Despite being in collapse, construction sector could be key to full UK economic recovery, claims new campaign.
Bank of England Holds on QE, Key Rate Amid Patchy Recovery
Policymakers also keep base rate at record low as they wait to see impact of credit easing efforts on UK economy.
UK Permanent Job Vacancies Rising Despite Worse Outlook for Economy
Index of permanent jobs shows fastest rise in vacancies for almost a year and a half, though UK economy's outlook worsens.
PIMCO's Gross: US a Nation 'Of the SuperPac, by the SuperPac, for the SuperPac'
Bill Gross, chairman of the world's biggest bond fund, excoriates US politics and policy as he warns of "financial repression"
UK Consumer Lending Surges as Recovery Signals Mount
Mortgage approvals rise but house price recovery could be uneven as sales accelerate into year-end.