Confident consumers
Confidence in the economy rose amongst consumers again this month, with one major index hitting the highest level in nearly a decade, signalling continued growth for the rest of the year. Continue reading
Confidence in the economy rose amongst consumers again this month, with one major index hitting the highest level in nearly a decade, signalling continued growth for the rest of the year. Continue reading
The UK must invest and export more to ensure that its ‘stellar’ growth this year is not a short-term effort, or ‘a flash in the pan’, a leading business group has warned. Continue reading
More people put money into their savings accounts in July following the launch of New Individual Savings Account (Nisa) rules, according to the British Bankers’ Association (BBA), with savers depositing £4.95bn during the month, almost matching the total for the previous six months. Continue reading
According to a survey from the Confederation of British Industry (CBI), optimism among customer services firms is strong, with 48 per cent of companies feeling more confident than three months ago.Continue reading
Spending on groceries has fallen for the first time since records began 25 years ago, as supermarkets wage price wars and consumers fail to feel the effects of the economic recovery.Continue reading
Two out of the nine members of the Bank of England’s Monetary Policy Committee (MPC) voted to raise interest rates in August, the first time in three years that policymakers have not been unanimous in keeping the rate as it is.Continue reading
Official figures released yesterday (19 August) show that annual house price inflation was 10.2 per cent in June, down slightly from May’s 10.4 per cent but still in double figures and mainly so high because of prices in London, where the value of property increased by 19.3 per cent over the year.Continue reading
The rate of inflation in the UK fell more than expected in July, as the cost of clothing, footwear, food and non-alcoholic drinks eased, according to figures released today (August 19) by the Office for National Statistics (ONS).Continue reading
Two star players from Darlington Mowden Park R.F.C – the local side sponsored by Baines Jewitt – have helped England to a historic victory at the Women’s Rugby World Cup.Continue reading
According to a recent newspaper interview, Bank of England Governor, Mark Carney, may not necessarily wait for real wages to increase before raising interest rates, focusing instead on the underlying wages trend.Continue reading
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