Bank of England chief Mark Carney has played down fears that the UK's economic recovery has been based on an unsustainable credit boom.
The price of crude oil could tumble to $20 a barrel in the coming months if China’s currency continues to decline against the US dollar, one of Wall Street’s leading investment banks has predicted.
London's economic growth is outpacing the rest of the UK, according to new survey figures published this morning.
Dangerous cocktails were in evidence in many a bar during the Christmas and New Year holidays.
Rarely have financial markets had a more traumatic start to the year. Shares plunged, the price of oil clattered to its lowest level in 11 years, trading on the Chinese stock market was halted twice, and the World Bank warned that a “perfect storm” might be brewing.
George Osborne is “getting his excuses in early” for economic failure, the shadow chancellor, John McDonnell, has argued, saying he warned his opposite number about global economic threats to the UK economy months ago.
Consumers and businesses in the Eurozone are feeling more confident on the economy, according to figures released this morning.
Ireland may have to revise its annual GDP figures for the past decade following the European commission’s ruling that the majority of Apple’s overseas profits should have been taxable in the Republic.
Britain’s factories saw a strong rebound in output and new orders in August, according to a survey that suggested manufacturers quickly shrugged off the shock of June’s vote to leave the EU.
A former governor of the Bank of England has said the decision of Britain to leave Europe put the country on a better economic footing.