The number of people out of work in the UK fell to a five-year low of 2.2 million in the first quarter of the year, while the number of people in work rose to 30.43 million, the highest figure since records began in 1971.Continue reading
Retail sales rose by 4.2 per cent in April on a year-on-year, like-for-like basis, with sales growth for the twelve months to April this year up 2.8 per cent compared to the 12 months to April 2013.Continue reading
The overhaul of the UK’s corporation tax regime is making the UK a very attractive place for multinationals to do business, with hundreds of them lining up to establish operations here.Continue reading
The pound rose to a near five-year high against the dollar yesterday (May 1) after the Markit/CIPS Manufacturing Purchasing Managers’ Index (PMI) jumped to 57.3 from a revised 55.8 in March.Continue reading
Figures published today (April 29) by the Office for National Statistics (ONS) show that the UK economy grew again in the first three months of the year, marking the fifth consecutive period of GDP growth.Continue reading
Economic growth continued to gather pace in April, alongside predictions of even stronger growth in the next quarter, according to the latest CBI Growth Indicator, published today (April 28).Continue reading
Retailers reported increased sales for the fifth consecutive month in April, reflecting “stronger fundamentals” in the sector, with optimism climbing to its highest level in more than three years.Continue reading
Stronger tax receipts and a fall in departmental spending helped Chancellor George Osborne meet the Government’s full-year borrowing target, confounding expectations, which were for a deficit of £11bn.Continue reading
Consumer spending power is set to rise by 1.5 per cent this year as earnings growth accelerates and headline inflation remains below the Bank of England’s target of 2 per cent, according to a report from an economic think tank.Continue reading
Official figures have revealed that weekly earnings including bonuses rose by 1.7 per cent in the three months to February, outstripping inflation and halting the five-year squeeze on living standards.Continue reading
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