UK Economy

Brits are taking on more credit card and mortgage debt

The Institute of Directors welcomed the figures, saying they will be a boost for businesses and households.

Export to non-EU countries rose by £1.7bn and export of chemicals reached a record high of £7.3bn.

Finance chiefs at Britain's biggest companies report a rebound in risk appetite in the second quarter.

Manufacturing, retail and services sectors showed a 14% increase in the three months to June, down from 33% in May.

As property demand is a lot higher than supply it has become a popular safe haven investment.

Report claims Heathrow runway will boost economy by £147bn but locals and environment groups have pledged to fight plans.

GfK/KPMG consumer confidence index rises 6 points to 7 in June.

Borrowing went down 9.44% in the financial year to March 2015, compared to the year to March 2014.

Slight dip below zero in April was never a real threat to the economy, economists said.

Airports Commission to make recommendation this month but government could stall over final say.

Morrisons has been struggling with competition making things tricky for the supermarket.

Pay growth in the public sector was only 0.2% in May compared with May last year.

London's expected income from tourism in 2015 is £13.3bn and accounts for almost 0.5% of the UK's Gross Domestic Product

The Alton Towers crash caused Merlin Entertainment's share to fall 3.46%

FTSE 100 closed 0.44% lower than the open with Ashtead group as its biggest riser.

The UK's manufacturing output rose slightly as its PMI touched 52.0 in May, slightly behind the eurozone.

FTSE 100 rose 0.11% overall today

The ONS announces GDP grew by 0.3% but the Bank of England expects a revised estimate.

British consumers are feeling positive

Voodoo economics? Experts offer their views on the possibility of another credit crunch.

Chancellor George Osborne urges Whitehall departments to make more cuts in effort to wipe off deficit in 2018-19.

Warm weather and favourable consumer prices caused a 4.7% jump in sales volume.

Experts don't expect deflation to continue for a prolonged period.

UK inflation rate negative due to low food prices and slower rise in transport prices

The Whigs are back in British politics and are offering an array of alternative policies.

British workers have enjoyed a pay increase but a skills shortage.

British consumers have helped sales of new cars continue to grow.

Work of rebalancing the UK economy and placing it on a sustainable footing is far from over.

In the first quarter, Britain's growth rate halved to 0.3%.