10202017

UK retail sales in sharp fall in September, ONS says

Image copyright Reuters Retail sales suffered an unexpectedly sharp fall of 0.8% in September, reversing a jump in August, according to the Office for National Statistics. It meant that third-quarter [...]

Black Monday 1987: ‘Our jaws hit the desk’

Image copyright AFP Thirty years ago investors were stunned as global stock markets collapsed like a chain of dominos. The day became known as Black Monday as months and years of share price [...]

One in four people ‘trapped in low paid jobs’

Image copyright Getty Images Image caption In Britain, a lot of low paid workers are permanently stuck in poorly paid jobs A quarter [...]

Banks consider 555 fraud ‘hotline’

Image copyright Getty Images Victims of financial fraud might soon be able to call for help via a new telephone hotline, similar to the 999 emergency service. Under the plan anyone worried about [...]

Unemployment drops by 52,000 but pay squeeze continues

Image copyright Getty Images UK unemployment fell by 52,000 in the three months to August to 1.4 million, leaving the jobless rate unchanged at 4.3% from the previous quarter. However, pay still [...]

Millions miss bills as finances bite

Image copyright PA An estimated 4.1 million people are in financial difficulty owing to missed domestic or credit bills, a major study has found. These consumers – most likely to be aged [...]

Reversing Brexit would boost economy, says OECD

Image copyright Getty Images Reversing the Brexit process would boost the UK economy, the international economic body, the OECD has said. A new referendum or a change of government leading to [...]

UK inflation at highest since April 2012

Media captionPound’s fall has driven inflation, says Mark Carney The UK’s key inflation rate hit its highest for more than five years in September, driven up by increases in transport and food prices. The Consumer [...]

Vanguard boss warns on stock market highs

Image copyright Getty Images The boss of Vanguard, one of the world’s biggest investment funds, has expressed concerns about the record highs in stock markets. Bill McNabb, chairman of [...]

Interest rate rise should be delayed, EY Item Club says

Image copyright PA The Bank of England should hold off from raising interest rates next month, according to a forecasting body. Bank governor Mark Carney has said rates could go up in the “relatively [...]