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Economy News Stories

Unemployment edges down

Updated: 12th September 2013 - First Published: 11th September 2013 The UK’s unemployment rate edged downwards between May and June to 7.7%, official figures reveal. Read More...

House prices up 5.4% in August

Updated: 06th September 2013 - First Published: 06th September 2013 Halifax’s latest House Price Index reveals the average house price grew 5.4% in August when compared to a year ago – the highest annual rate of growth since June 2010. Read More...

No change to interest rates

Updated: 05th September 2013 - First Published: 05th September 2013 The Bank of England’s Monetary Policy Committee (MPC) has voted to keep base rate at its record low of 0.5%. Read More...

Interest rates expected to rise in early 2016

Updated: 30th August 2013 - First Published: 30th August 2013 One of the country’s biggest business lobby groups has predicted that interest rates will only rise again in early 2016 – nine months earlier than Bank of England (BoE) predictions. Read More...

UK growth climbs to 0.7%

Updated: 27th August 2013 - First Published: 23rd August 2013 Official figures released today reveal the economy grew by more than initially thought between April and June, raising hopes that the UK is finally powering out of its five-year slump. Read More...

Base rate linked to unemployment rate

Updated: 07th August 2013 - First Published: 07th August 2013 The Bank of England will not consider raising interest rates from their current level of 0.5% until the UK unemployment rate has fallen below 7%, it was announced today. Read More...

Base rate remains at 0.50%

Updated: 01st August 2013 - First Published: 01st August 2013 The Bank of England’s Monetary Policy Committee (MPC) has voted to keep interest rates on hold. Read More...

Further hopes emerge of economic recovery

Updated: 25th July 2013 - First Published: 25th July 2013 Figures released by the Office for National Statistics (ONS) have suggested that the UK economy grew during the second quarter of this year, boosting hopes of a financial recovery. Read More...

IMF ups UK growth forecast

Updated: 09th July 2013 - First Published: 09th July 2013 In a tentative sign that the UK economy is slowly returning to health, the International Monetary Fund (IMF) today raised its growth forecast for the country from 0.7% to 0.9%. Read More...

King warns rate rise “not imminent”

Updated: 26th June 2013 - First Published: 26th June 2013 Speculation that interest rates could begin to rise again over coming months has been dismissed by the Governor of the Bank of England (BoE) Sir Mervyn King. Read More...


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