recession

Falling house prices indicate UK still mired in recession

Falling house prices indicate UK still mired in recession

Although the Queen’s Diamond Jubilee brought a small burst of activity in the retail sector, house prices continue to fall….

BoE keeps rates low and injects more QE into the economy

BoE keeps rates low and injects more QE into the economy

After July’s meeting on Thursday, the BoE announced historically low interest rates would be held at just 0.5% and that…

Misleading figures do not show true depth of this recession

Misleading figures do not show true depth of this recession

This week David Miles, one of the members of the Monetary Policy Committee, addressed the Society of Business Economists stating…

Weak construction sector blamed for deeper recession

Weak construction sector blamed for deeper recession

In new figures being released by the ONS the recession is deeper than previously thought due to a weak construction…

Hopes of recovery are fading construction industry declines

Hopes of recovery are fading construction industry declines

The latest data released by the ONS shows that earlier predictions were a bit over-optimistic. Output prices were higher than…

Markets plunge with renewed concerns in the eurozone

Markets plunge with renewed concerns in the eurozone

As political tensions in France, the Czech Republic and the Netherlands escalated, the FTSE 100 fell by 2% which is…

Christmas spirit lacking in retail sales

Christmas spirit lacking in retail sales

This time of year is usually bustling with activity as shoppers prepare for the Christmas holiday yet this year fears…

UK manufacturing is the only sector showing slight rise

UK manufacturing is the only sector showing slight rise

After four months of falling output in the manufacturing sector September finally saw a rise, even if slight. Over the…

Data from services sector prompting recession fears

Data from services sector prompting recession fears

In what is just one more market indicator that the economy is falling steadily, there are newfound fears that another…

Britons saving more in fear of a recession

Britons saving more in fear of a recession

The newest data released by the Office for National Statistics state that Britons are saving more as 7.4% of households…