News

Inflation across the single currency bloc fell to 0.7% in January moving closer to deflationary territory

The Bank of England announced that interest rates will stay at 0.5 per cent

Bank of England in no rush to hike rates, says chief economist Spencer Dale

The Bank of England is set to maintain interest rates at a record of 0.5 per cent for a "sustained period of time" as the economy takes time to regather momentum, the Bank's chief economist Spencer Dale said today.

Bank of England in no rush to hike interest rates

BoE policymakers voted unanimously to maintain rates at record low

More than £9 billion mortgage overpayments made every year

Gross mortgage lending shows strongest performance in five years

James Moore: What goes up must come down on the US markets

Outlook Another record for the Dow, which broke the 16,000 barrier as the more broadly based S&P 500 index broke the 1,800 barrier – both for the first time. Happy days are here again, right? At least for those who play the market.

House prices in London and the South-east are rising fast

North-South house price divide: turning into a chasm?

With the cost of homes in London soaring as rich overseas buyers 'colonise' the capital, some of the hidden effects are revealed

Eurozone told to turn on money presses or dice with deflation

The eurozone must follow the examples of the UK, US and Japan by turning to the printing presses to avoid the threat of damaging deflation, according to an assessment by a leading economic think-tank.

A leading think-tank has fired a warning shot on impact of Help to Buy scheme in setting off house price inflation amid fears of a bubble

Boost for George Osborne as OECD upgrades growth forecasts for recovering UK economy

Think-tank fires warning shot on impact of Help to Buy scheme in setting off house price inflation amid fears of a bubble

Paying benefits 'does not make unemployed lazy'

Paying high levels of benefits to the unemployed does not lead to them becoming lazy, or lacking motivation to find a job according to a European-wide study charting the well-being of claimants.

Households have suffered energy price rises eight times higher than the average increase in earnings over the past three years, according to Citizens Advice

Big Six energy prices rise eight times more than wages

Households have suffered energy price rises eight times higher than the average increase in earnings over the past three years, according to Citizens Advice.

Manchester United manager David Moyes celebrates victory over Arsenal

Manchester United set to sign Premier League head of elite performance John Murtough

David Moyes is keen to add Murtough to his staff at Old Trafford

Fed chief dismisses suggestions that policies created 'bubble conditions'

The Federal Reserve chairman-designate Janet Yellen vigorously defended the central bank's stimulus policies today, dismissing suggestions it had created "bubble conditions" in financial markets. She left scant doubt the Fed under her leadership would continue this strategy until the economy had returned to normal.

Wayne Rooney is among Manchester United's top earners

Wages of top footballers will continue to rise, predicts Manchester United executive vice-chairman

However, Ed Woodward see signs of inflation among the rank and file players slowing

Surprise as retail sales fall 0.7%

The high street suffered a slump in October as official figures showed a surprise 0.7% fall in retail sales compared with the previous month.

Energy giant gives £251m to shareholders while hiking bills 8 per cent

SSE denies putting profits before customers as it reveals big profits

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Pompeii, Capri & the Bay of Naples
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3.	Provence 6 nights B&B by train from £599pp
Prices correct as of 20 February 2015
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