02252018

UK economic growth revised downwards

Image copyright Getty Images The UK economy expanded by less than previously thought in the last three months of 2017, official figures say. GDP grew by 0.4% in the October-to-December period, [...]

Productivity growth strongest since financial crisis

Image copyright Getty Images The UK has seen the strongest two quarters of productivity growth since the recession of 2008, according to the latest data. Output per hour rose 0.8% in the three [...]

Federal Reserve policymakers more confident about economy

Image copyright AFP/Getty Image caption Jerome Powell arrives to be sworn-in as the new Chairman of the Federal Reserve on February 5, 2018. [...]

BP says world’s oil consumption will peak in late 2030s

Image copyright AFP/Getty Images Global oil consumption is likely to peak in the late 2030s according to a forecast published by BP. The world currently consumes around 100 million barrels per [...]

UK borrowing at lowest level since financial crisis

Image copyright Getty Images UK borrowing for the year to date is at its lowest level since the financial crisis, according to the Office for National Statistics (ONS). Public sector net borrowing, [...]

Gender pay gap: Men still earn more than women at most firms

Image copyright Getty Images The majority of medium and large companies pay higher wage rates to men than to women, according to the latest government figures. The disparity, known as the the [...]

Central bank chief detained after raid

Image copyright Reuters Image caption No official reason has yet been given for Mr Rimsevics’ detention The head of Latvia’s [...]

Key gig economy case reaches Supreme Court

Image copyright PP A plumber’s legal battle for working rights will be closely watched by “gig economy” workers when it reaches the Supreme Court on Tuesday. Gary Smith, who [...]

What not to expect from Philip Hammond Spring statement

Image copyright PA Image caption This red box won’t be posing for photographs next month The Treasury has moved to play [...]

Mid-earners ‘locked out of buying a home’

Image copyright Getty Images The extent to which young people are locked out of the British housing market has been revealed in new figures from economists. The biggest decline in home ownership [...]