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Misleading figures do not sh...
This week David Miles, one of the members of the Monetary Policy Committee, addressed the Society of Business Economists stating that this recession is the worst of any within the past century. He con...
Weak construction sector bla...
In new figures being released by the ONS the recession is deeper than previously thought due to a weak construction sector. Previously it had been reported that the economy was down by 0.2pc but it ha...
Hopes of recovery are fading...
The latest data released by the ONS shows that earlier predictions were a bit over-optimistic. Output prices were higher than had been forecast for last month, higher than the 0.7 percent predicted in...
Markets plunge with renewed...
As political tensions in France, the Czech Republic and the Netherlands escalated, the FTSE 100 fell by 2% which is causing renewed fears over the stability of the eurozone and the single currency. Ma...