A member of the Bank of England's Monetary Policy Committee (MPC) warned the Bank risked losing its battle in bringing inflation down to its 2.0% target.
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Bank of England statistics reveal an increase in the amount of money saved by earners, while credit lending is below longer-term averages and mortgage approvals are falling in response to higher in…
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Leading indicators suggest job losses will soon drive unemployment higher and that it could climb faster than many forecasters expect, according to Pantheon Macroeconomics, meaning that a commonly-…
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The UK economy shrunk in November according to the latest S&P Global PMI readings, however business expectations for the year ahead rebounded from a 30-month low.
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Eurozone PMIs confirmed the bloc's economy shrunk in November, however, the scale of the decline was less severe than markets were expecting.
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The market has not yet capitulated, current market downturn resembles 2002, S&P 500 could base at 3000.
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Own goals in HM Treasury's latest budget will add a percentage point to the inflation rate from April and force the taxpayer to cough up nearly an extra £5 billion of funds to cover the result…
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