HMRC Tax Recovery Plan Under Fire From MPs
10 May
2014
Written by Sam Allcock

HMRC Tax Recovery Plan Under Fire From MPs »

A new plan allowing HM Revenue and Customs to seize funds from personal bank accounts to recover unpaid taxes has come under Read more…

OECD: British Housing Market Could “Overheat”
7 May
2014
Written by Sam Allcock

OECD: British Housing Market Could “Overheat” »

A report from Paris-based think tank, the Organisation for Economic Co-operation and Development, warns that the government and Bank of England might Read more…

Chinese E-Commerce Company Alibaba to File US IPO
6 May
2014
Written by Sam Allcock

Chinese E-Commerce Company Alibaba to File US IPO »

One of China’s biggest online companies is gearing up for a multi-billion dollar US-based initial public offering. Alibaba, an online marketplace connecting Read more…

Small Chinese Banks Scaling Up Shadow Lending
5 May
2014
Written by Sam Allcock

Small Chinese Banks Scaling Up Shadow Lending »

China’s shadow banking sector is growing, according to new documents revealing a rise in the number of unlisted banks operating in the Read more…

288,000 US Jobs Created in April, Strongest Month Since 2012
2 May
2014
Written by Sam Allcock

288,000 US Jobs Created in April, Strongest Month Since 2012 »

Over 288,000 new jobs were created in the United States this April, the highest level of employment growth since late 2012. The Read more…

Japanese Trade Deficit Widening on Poor Exports
20 Apr
2014
Written by Sam Allcock

Japanese Trade Deficit Widening on Poor Exports »

Japanese Prime Minister Shinzo Abe has been praised for its ‘Abenomics’ economics program, which has been credited with reducing deflation across Japan and Read more…

Food Bank Usage ‘Shocking’, Claims Charity
18 Apr
2014
Written by Sam Allcock

Food Bank Usage ‘Shocking’, Claims Charity »

Food bank charity The Trussell Trust says it’s feeding almost three times as many people in 2014 than in the last year. Since Read more…

China’s Growth Rate Dropping But Still Above Targets
17 Apr
2014
Written by Sam Allcock

China’s Growth Rate Dropping But Still Above Targets »

As China’s leaders take steps to reinvigorate the country’s economy, analysts were surprised to learn that the Chinese economy grew by 7.4% in Read more…

Wages Starting to Catch Up With Inflation
16 Apr
2014
Written by Sam Allcock

Wages Starting to Catch Up With Inflation »

According to new data from the Office for National Statistics, wages have caught up with inflation. The increase in average earnings comes after Read more…

Aberdeen Leads UK in Disposable Household Income
13 Apr
2014
Written by Sam Allcock

Aberdeen Leads UK in Disposable Household Income »

Disposable incomes in Aberdeen have risen at a greater rate than anywhere else in the UK since the 2008 financial crisis, according to Read more…