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Reconsider Help To Buy Says Cable

Business Secretary Vince Cable suggested over the weekend that the Government should reconsider its Help to Buy scheme amid fears that it has boosted house prices too quickly and could cause a new housing bubble.Continue reading

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Retail Sales Up

Retail sales rose by 0.3 per cent in November from the month before and by 2 per cent compared with the same period in 2012, while online sales hit a record 11.9 per cent of all sales except fuel.Continue reading

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The Plastic Pound

The Bank of England announced yesterday (December 18) that, from 2016, it will start issuing polymer banknotes, or plastic money, in place of the cotton paper kind that have been in circulation for more than 100 years.Continue reading

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UK Jobless Total At Lowest Rate For Four Years

The UK’s unemployment rate fell to 7.4 per cent in the three months to October, taking it to its lowest level since the February to April period in 2009, according to figures from the Office for National Statistics (ONS).Continue reading

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More Firms Hiring

A survey from the Confederation of British Industry (CBI) has found that more firms than not expect to create jobs next year for the first time since the start of the recession.Continue reading

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SMEs Optimistic About New Year

According to the Federation of Small Businesses’ quarterly Small Business Index, the UK’s small firms are showing increasing optimism for 2014, as businesses remain positive about the economic outlook.Continue reading

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