Ben Chu is The Independent's Economics Editor. Previously he was the newspaper's chief leader writer.
26 October 2013 12:00 AM
Interest rates could go up more than a year earlier than the Bank of England is forecasting, City of London analysts said yesterday as they responded to strong third-quarter GDP figures.
25 October 2013 12:00 AM
The Bank of England Governor, Mark Carney, last night unveiled an overhaul of the way the Bank provides cash to troubled lenders, while expressing his strong support for the City as a hub of global finance.
24 October 2013 12:00 AM
Martin Wheatley, the chief executive of the Financial Conduct Authority, has told banks to stop dragging their feet and compensate without further delay small companies to which they mis-sold interest rate swaps.
23 October 2013 01:09 PM
The strength of the jobs market has caught rate-setters at the Bank of England off guard, official minutes from the monetary policy committee revealed today.
22 October 2013 12:30 AM
Housebuilding is rising across the country as confidence returns to the property market, according to the latest survey by the Royal Institute of Chartered Surveyors (Rics).
21 October 2013 06:30 AM
Government to defend agreement to pay investors double the market price of electricity
17 October 2013 07:34 PM
After every episode of self-indulgence there comes the sobering moment when the bill arrives. So what’s the damage for the American economy resulting from the government shutdown and the debt ceiling fandango? First of all, the wages of some hundreds of thousands of federal workers – all those park rangers, museum staff and office workers have not been paid for half a month. Unpaid wages, obviously, can’t be spent in the shops.
17 October 2013 12:00 AM
Joint Nobel prize goes to economists with rival theories: US trio Eugene Fama, Lars Peter Hansen and Robert Shiller share award
14 October 2013 01:00 PM
Three Americans rewarded with $1.2 million prize for work on predicting global financial markets
13 October 2013 06:39 PM
- 1 America's 'virgin births'? One in 200 mothers 'became pregnant without having sex'
- 2 Sun will 'flip upside down' within weeks, says Nasa
- 3 Ian Watkins: Police forces probed over earlier allegations as paedophile Lostprophets singer sentenced to 35 years for child sex offences
- 4 Christmas comes early: Justin Bieber announces he's 'retiring from music'
- 5 Children evacuated from swimming pool after prosthetic leg mistaken for paedophile