News

Government adviser reveals his frustration at talk of bank kindness to zombie businesses

George Osborne tonic as borrowing shrinks £1.3bn

The Chancellor, George Osborne, was handed more good news on the economy yesterday as the Institute for Fiscal Studies (IFS) said borrowing could be as much as £13bn lower than the Government’s target this year.

Foxtons' estate agents in distinctive company cars

Stunning stock market debut for Foxtons as shares soar 20 per cent in minutes

Management set to make fortunes cashing out part of their 20% stake in the business

George Osborne on course to massively undershoot £120 billion

George Osborne on course to undershoot £120 billion borrowing target by more than £10 billion

Chancellor George Osborne is on course to undershoot his £120 billion borrowing target by more than £10 billion this year as public finance figures showed Government departments getting a grip on spending last month.

Pound gains ground as Summers pulls out

Sterling hit an eight-month high against the dollar today after former US Treasury Secretary Larry Summers decided to pull out of the race to be the next Federal Reserve chairman.

The economy is turning a corner? No, Osborne is just taking us all for a ride

In the labour market evidence suggests many, or even most,  are being left behind

Leap in housing orders builds hopes for UK economy boost

A £4 billion boost in new housing today sparked hopes that Britain’s builders will be able to keep pace with a surge in demand for new homes and boost the wider economy.

The Bank of England has been urged to cap house price inflation

Bank of England urged to cap house price rises at 5% over fears of 'dangerous' debt bubble

Royal Institution of Chartered Surveyors publishes report arguing the Bank should consider imposing a 5 per cent cap on annual house price appreciation

Hamish McRae: Two takes on health of the labour market – and both could be right

Economic View: Demand for labour is very uneven across the country and across skills

The number claiming jobseeker's allowance fell in August by 32,600 from July to 1.4 million

Jobseeker's allowance claimants drop as jobless rate falls to 7.7%

But unions not happy as yet more public sector jobs lost and more forced into part-time work

Osborne claimed that Britain's economy was 'turning a corner'

New figures cast doubt on George Osborne's claims that Coalition austerity programme has been vindicated

Tax rises and spending cuts have made the economy 3 per cent smaller

Sample polymer ten and five pound banknotes

Not worth the paper it’s written on: why the Bank wants to put all of its notes on plastic

Under plans to save money, smaller, more durable polymer cash will end 300 years of traditional currency

'Significant increases' in homes coming onto the UK property market

Chartered surveyors reporting widespread increase in new instructions

Banks 'too slow' to pay out on rate-swap mis-selling claims, says FCA

Banks are taking too long to pay out billions of pounds in compensation over mis-sold interest rate swaps, the head of the Financial Conduct Authority watchdog said today.

'I was right on austerity': George Osborne claims decisive victory for his economic policy

Chancellor tells Labour it has ‘lost the argument’ and predicts Britain is ‘turning a corner’

Hamish McRae: Markets blow Carney a raspberry as we enter an age of repression

Economic View: Costing people money in your first weeks in office is not a great way to establish your authority

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Voices
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Germany vs Argentina World Cup 2014: Lionel Messi? Javier Mascherano is key for Argentina...

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No 10 is always centre of attention but Barça team-mate is just as crucial to finalists’ hopes
Siobhan-Marie O’Connor: Swimmer knows she needs Glasgow joy on road to Rio

Siobhan-Marie O’Connor: Swimmer needs Glasgow joy on road to Rio

18-year-old says this month’s Commonwealth Games are a key staging post in her career before time slips away
The true Gaza back-story that the Israelis aren’t telling this week

The true Gaza back-story that the Israelis aren’t telling this week

A future Palestine state will have no borders and be an enclave within Israel, surrounded on all sides by Israeli-held territory, says Robert Fisk
A History of the First World War in 100 Moments: The German people demand an end to the fighting

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The German people demand an end to the fighting
New play by Oscar Wilde's grandson reveals what the Irish wit said at his trials

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For a century, what Wilde actually said at his trials was a mystery. But the recent discovery of shorthand notes changed that. Now his grandson Merlin Holland has turned them into a play
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Richard III, Trafalgar Studios, review: Martin Freeman gives highly intelligent performance

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Martin Freeman’s psychotic monarch is big on mockery but wanting in malice
Hollywood targets Asian audiences as US films enjoy record-breaking run at Chinese box office

Hollywood targets Asian audiences

The world's second biggest movie market is fast becoming the Hollywood studios' most crucial