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Current Affairs

UK manufacturing weakens as Euro crisis hits exports

Manufacturing in the UK is stuttering, as export orders slow due to the European crisis, a survey from the CBI has revealed.

Inflation falls back to 4.8% but continues to push UK into debt

Consumer Price Index (CPI) inflation fell back to 4.8 per cent in November, the latest figures from the Office for National Statistics have shown.

Don't put all your Christmas shopping in one basket

Shoppers are being urged to spread their Christmas shopping between online and the high street to avoid disappointment.

Bank keeps interest rates at 0.5% while Eurozone plot thickens

The Bank of England kept monetary policy the same yesterday, meaning that interest rates remained at 0.5 per cent, and the quantitative easing programme at £275 billion.

Credit crunch caused surge in business closures

Official figures from the Office for National Statistics (ONS) demonstrate the effects that the credit crunch had on businesses.

Christmas shopping fails to boost retailers

UK retail sales were the weakest since May in November, despite Christmas fast approaching.

Energy bills to be simplified

Energy bills look set to be simplified as the big energy suppliers recognise the confusion that their tariffs cause.

Banks urged to bolster finances

UK banks have been urged to strengthen their capital balances as the European sovereign debt crisis continues to threaten the economy.

Charging phones at work costs businesses £1.5 billion

Consumers are saving a collective £1.5 billion on energy bills by charging up their phones and gadgets at work.

Surprise rise in retail sales

There was a surprise increase in retail sales in October, the latest figures from the Office for National Statistics (ONS) have shown.