CBI: Britain will avoid double-dip recession
By Neal Wallace The Confederation of British Industry (CBI) has said that Britain will avoid a double-dip recession. Growth forecasts have been cut from 2.2 per cent to 1.2 per cent but the business...
View ArticleJaguar Land Rover creates 1,000 new jobs
By Neal Wallace Jaguar Land Rover (JLR) has announced plans to create 1,000 new jobs at its plant in Solihull. The UK's largest automotive design, engineering and manufacturing employer says it is...
View ArticleItalian borrowing cost hits 7%
By Neal Wallace Italy's cost of borrowing has reached seven per cent, a new record for the nation. The news comes just a day after prime minister Silvio Berlusconi said he would resign once budget...
View ArticleRents set to rise amidst mortgage famine
By Neal Wallace Rents in Britain are set to rise by more than 20 per cent over the next five years because of a lack of buyers in the housing market. Research from estate agency Savills has shown that...
View ArticleEuropean markets stable after turbulent week
By Neal Wallace Financial markets in Europe were calmer today (November 11th) after a turbulent week due to the continuing eurozone debt crisis. In the UK, the FTSE 100 share index rose 0.9 per cent,...
View ArticleJobs outlook not good as “contraction” is predicted
By Martin Fell Ongoing economic turmoil and the increasingly dire eurozone situation is putting huge amounts of strain on the UK's labour market, according to the Chartered Institute of Personnel and...
View ArticleGlobal stocks rally as eurozone progress is made
By Martin Fell Global stocks performed well this morning (Monday November 14th) on news that Italy had appointed a new prime minister – Mario Monti. However, the gains appear to have been short lived...
View ArticleGrowth in all major economies will slow
By Martin Fell Growth in all the world's major economies is set to slow down as turmoil in the financial markets continues. According to the Organisation for Economic Co-operation and Development...
View ArticleUK inflation falls to 5% for October
By Neal Wallace The rate of inflation in the UK fell 0.2 points in October, from 5.2 per cent to five per cent. According to the Consumer Prices Index (CPI), which measures inflation for the UK, falls...
View ArticleGerman and French economies see growth
By Neal Wallace Both the German and French economies grew during the third quarter of 2011, according to official data. The BBC reports that France's economy grew by 0.4 per cent, while Germany's gross...
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