Economic News
|
Economic slowdown to continue warns BoE deputy governor
25 Aug 2008
source:
financemarkets.co.uk
... The current economic slowdown could ‘drag on for some considerable time‘ warns Charles Bean, the Bank of England’s deputy governor. Speaking to the BBC from the annual conference of the... |
|
UK economy grinds to a halt
23 Aug 2008
source:
financemarkets.co.uk
... The latest data from the Office for National Statistics (ONS) has revealed that UK economic growth ground to a halt between April and the end of June, representing the weakest performance since 1992... |
|
Goldman Sachs: 20% chance of a full blown world recession
23 Aug 2008
source:
financemarkets.co.uk
... As the US housing slump continues and unemployment rises, America’s slowdown will deepen in the latter half of 2008, according to a measure that predicts the economy’s direction. The US... |
|
Surprise rise in high street sales
22 Aug 2008
source:
financemarkets.co.uk
... According to the Office for National Statistics (ONS) there has been a slight increase in high street sales in July. Analysts had predicted a fall of 0.2% after a 4.3% drop in June as consumers cut... |
|
Interest rate cut could be on the cards
22 Aug 2008
source:
financemarkets.co.uk
... Last week, official figures revealed that the UK’s annual rate of inflation surged to a record high of 4.4% in July. Inflation is now at its highest level since current records began in 1997... |
|
US housing starts at 17-year low
20 Aug 2008
source:
financemarkets.co.uk
... Official figures show that the number of homes and apartments being constructed in the US plummeted to the lowest level since March 1991. According to the Commerce Department, the 11% fall to an... |
|
Former IMF chief warns financial crisis to get worse
19 Aug 2008
source:
financemarkets.co.uk
... A respected former chief economist of the International Monetary Fund (IMF) has warned that the global financial crisis is set to get worse and could result in the collapse of a large US bank within... |
|
Sterling falls further against dollar
19 Aug 2008
source:
financemarkets.co.uk
... Sterling has fallen more than 15 cents from a high of over $2 against the dollar since last month, hit by a combination of slowing growth and runaway inflation. The pound is approaching a two-year... |
|
Shoppers 'cheated' as brands downsize
19 Aug 2008
source:
thisismoney.co.uk
Sean Poulter, Daily Mail18 August 2008 Reader comments (1) Shoppers are paying more for their goods without realising - as manufacturers shrink the pack sizes. Downsizing: The feeling that things are getting smaller may well be true WANT TO KNOW MORE? Make your bills beat the energy crunch I'm beating the pinch at the car boot sale OTHER STORIES Where do your restaurant tips really go? I'm beating the pinch at the car boot sale Oil giants dragging their feet ov ... |
|
The '12%' inflation beating cash Isa
19 Aug 2008
source:
thisismoney.co.uk
Alan O'Sullivan, This is Money16 August 2008 Reader comments (4) | Chat | Vote | Guide A cash Isa has been launched by Leeds Building Society this month that could earn the equivalent of over 12% on savings if inflation continues to rise. Rising tide: as inflation soars through the roof, so can your savings WANT TO KNOW MORE? Money Mail: Our solution to Isa chaos The best - and worst - new cash Isas The top 10 cash Isas of the year POLL: What type of Isa will you take t ... |

