Recovery In Sight
May 16, 2013The Bank of England yesterday (May 15th) upgraded its economic growth forecast for the UK and has said that inflation should now fall faster than it had previously predicted.
Posted in Economy | Leave a commentCategory Archives: Economy
Rise in Housing Demand
May 14, 2013According to the Royal Institution of Chartered Surveyors (RICS), demand for housing in the UK rose to its highest level in nearly three and a half years last month (April).
Posted in Economy | Leave a commentUK Car Sales Buck European Trend
May 8, 2013Sales of new cars were nearly 15 per cent higher last month than during the same period last year according to data from the Society of Motor Manufacturers and Traders (SMMT), giving the best April results for the industry since … Continue reading
Posted in Economy | Leave a commentMortgage Approvals On The Rise
April 30, 2013According to the latest data from the Bank of England, the rate of mortgage approvals rose more than expected in March, although lending to business was down.
Posted in Economy | Leave a commentTriple-Dip Averted
April 25, 2013Official figures from the Office for National Statistics (ONS) revealed today (April 25th) that the UK economy did not enter recession for the third time since the financial crisis began and in fact grew faster than expected in the first … Continue reading
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