News

The US Federal Reserve said it would continue to reduce its bond buying stimulus program by $10 billion a month and will keep interest rates extraordinarily low for as long as required.

Fed set to taper QE as US picks up

Signs of gathering momentum in world's biggest economy will influence central bank's decision

Mark Carney in 'false dawn' warning

The Bank of England's Governor, Mark Carney, defended his flagship forward guidance policy yesterday and said the Bank's job was to prevent the recovery turning into another "false dawn".

New manufacturing figures will ease pressure on Mark Carney to pump more stimulus into the economy

Mark Carney defends Bank of England's forward guidance policy

Governor Mark Carney defended the Bank of England's radical new forward guidance policy today, insisting it has “reinforced the recovery”.

'Hubris and complacency': Ed Miliband accuses David Cameron of over economy and living standards

Labour leader says the Coalition had presided over the slowest recovery in 100 years

'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’

Halifax: House prices rise 5.4 per cent and will
keep increasing

House prices rose for the seventh month running in August and are set to continue increasing “gradually” for the rest of the year, Halifax, the UK’s biggest mortgage lender, said yesterday.

UK growing at fastest pace since 2010, but non-EU exports plunge

Forward guidance involves making  a promise about  future interest rates 

PMI: UK services sector growth at six-year high

New business at companies ranging from restaurants to law firms expanded at the sharpest rate for more than 16 years

Making a whole lot of Wonga: Critics are unhappy as profits soar, but the lender's founder insists it merely provides a service for the digital generation

Whatever your view of Wonga, it is hard not to be impressed at the way its terrier-like founder, Errol Damelin, shrugs off the critics.

New scheme aims to bring empty homes back into use

Dealing with England's 710,000 empty homes would help to tackle housing shortage.

Bank sits tight as UK recovers

More evidence of growing economic momentum is set to stay the Bank of England's hand on help for the recovery this week.

House prices continue to rise in August

Average price of a house is now £170,514

Sophie Christiansen

Attacks on disabled people still rife - one year on from Paralympics triumph

Success of GB athletes fails to alter attitudes, as poll shows widespread verbal and physical abuse

Mark Carney warns against 'choking off' recovery with interest rate rise

Bank of England Governor Mark Carney today warned against “choking off” the UK’s recovery by raising interest rates too quickly.

Services sector strength ups pressure on Carney

Bank Governor set to defend ‘forward guidance’ policy in face of buoyant data

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