The 10 years between 2010 and 2020 are set to be the worst decade for pay growth in almost a century, and the third worst since the 1860s, according to new research.
Worries about the eurozone and shaky prospects for the wider global economy have dented confidence among bosses of the UK’s biggest companies, according to a survey.
Cheap American olive oil could, in a few years’ time, be sitting on supermarket shelves next to the Tuscan single estate varieties loved by British foodies.
Oil prices fell over 3% on Wednesday after new data showed US crude supplies continuing to grow while Saudi Arabia promised to keep up its policy of pumping its wells flat out.
A glut of oil, the demise of Opec and weakening global demand combined to make 2015 the year of crashing oil prices. The cost of crude fell to levels not seen for 11 years – and the decline may have further to go.
Crude oil prices face further downside risk in the first half of 2016, with OPEC holding on to hopes of pumping the competition out of business, a Citigroup analyst said Wednesday.
A group representing 250 landlords is to launch a court challenge against tax changes to buy to let coming into force in 2017, claiming they have been victimised by the chancellor, George Osborne.
Economic forecasting is a mug’s game. One thing that has been learned from the financial crisis and Great Recession is that even those equipped with the most sophisticated models get it wrong, sometimes spectacularly.
George Osborne has received a second pre-Christmas setback after official figures showing a a stuttering performance by the economy in the months following the general election put the government’s 2015 growth forecast at risk.
Even as the White House has been touting the economic recovery seven years after the 2008 recession, 45% of Americans think that the US economy is “only fair”.
Sterling hovered near a three-week high against the dollar this morning, after receiving a boost from strong economic data which showed investment was moving in the right direction.
A rise in consumer spending helped the UK economy power ahead in the months running up to the EU referendum, with little sign the vote hurt investment or the wider economy, official statisticians have said.
The sun shone.