Mixed business benefits from London Olympics There was some rare good news from the recession-hit UK economy as the number of Britons out of work fell to the lowest level in nearly a year in the
Bleak outlook from Bank of England Britain’s economy will barely grow this year and may have taken a bigger hit from the eurozone debt crisis than thought. That is the conclusion of
United Kingdom 07/08/2012 German orders down, UK industry slows There is fresh evidence that the eurozone’s problems are undermining the region’s strongest economy – Germany. Even though the country’s
Olympic jobs boost for Britain There were fewer unemployed Britons in the period from March to May as the Olympics in London created jobs. In a rare bit of positive news from the
insiders 13/07/2012 London 2012: Olympic legacy debated as final countdown gets underway London is preparing to host one of the world’s greatest sporting events. The 2012 Summer Olympics kick off later this month, followed by the
United Kingdom 06/07/2012 London businesses fear Olympics losses After years of preparation, London is in the starting blocks for the Olympic Games which begin in three weeks’ time. The British capital’s already
UK economy in worse state than feared Britain fell deeper into recession than initially thought in the first quarter of this year due to a slump in construction output. Revised figures
UK inflation eases Annual inflation in Britain fell to its lowest in more than two years in April. It dropped to 3.0 percent from March’s 3.5 percent. That makes it
Fewer UK shoppers increase BoE stimulus prospects Emptier shops mean Britain’s economy is on course for a third quarter of contraction. British retail sales fell at their fastest rate in more than
Britain back in recession Britain’s economy has contracted again taking the UK into its second recession since the financial crisis. Gross domestic product fell 0.2 percent
Easyjet announces 20 million in cost savings Europe’s second-largest low-cost carrier Easyjet is celebrating the start of regular flights into Southend. The company has largely built the airport
United Kingdom 21/03/2012 Britain cuts income tax, continues austerity drive British finance minister George Osborne delivered an annual budget on Wednesday which he said would help the poor, stimulate growth and erase the
UK's AAA in danger warns Fitch Fitch ratings agency has revised its outlook on UK debt down, warning the country that it now has a better than one-in-two chance of losing its
Recession looms in Britain New figures show Britain’s economy edged closer to recession in the last three months of 2011. The Office for National Statistics said GDP shrank
