UK Economy

Low start up costs and positive public perception has placed Britain on top for starting a business.

Units closed are Fairbright Wire, Caparo Tubes Tredegar, Caparo Atlas Fastenings and Caparo Forging Europe in Dudley and Hartlepool.

London is now the second least affordable of the 15 urban cities according to a study by UBS.

In bad news for George Osborne the economy could not continue its strong growth from the second quarter.

Compared to September 2014, the month saw a 1.9% increase in volume and a 1.4% increase in spending.

British mining firms' stocks take a beating after China's GDP numbers were out.

Caparo's administration work could cost it up to £10m.

The British steel industry contributed £9.5bn to the country's economy.

The overall churn rate is lower as fewer stores go bust, according to PwC

UK government policies, deliberate or not, are tying up labour and capital in low-productive uses.

UK construction output declined in August at its sharpest rate since late 2012.

Essay published by London Business School argues England's Rugby World Cup exit could hurt economy.

The growth, still significant, is on the lower end of 2015 increases.

Risks include higher interest rates, emerging market weaknesses, euro zone economy among others.

Increase comes before the new mandatory National Living Wage of £7.20 in April 2016.

Britain drops one place to tenth in the WEF index, with Sweden taking ninth spot.

Consultancy firm warns young people could be left with a pension of just £4,000 per year.

The CBI revealed 60% of retailers said sales volumes were up in September, from the same month in 2014.

Chancellor George Osborne dealt blow as he drums up support for UK trade in China.

Compared to July, retail sales in August were up 0.4%, a sluggish growth lower than market expectations.

42,000 more people are in work, and 10,000 more are unemployed compared to February-April period.

Lower costs of transport and food weigh down inflation rate.

The business body has slashed its growth forecast for the sector by 50% for 2015.

In a response to the Eurozone data, the FTSE 100 dropped more than 2.2%.

Year-on-year, GDP growth was 2.6%, unrevised from the first estimate.

The FTSE 100 opened 2.2% higher, recovering losses it made on Wednesday

Estate agents hope overall increase in house hunters will sustain market.

Event expected to be biggest driver of tourism since 2012 London Olympics.

Weak outlook on inflation rate has made analysts think an interest rate rise in 2015 would be too soon.

Osborne targeting £1tn value of UK exports by end of decade, but weak China threatens goal.