It might seem like an obvious comment, but that doesn’t make it any less important. Britain’s growing population will push house prices higher and higher. No cyclical boom and bust, just onwards and upwards.
British manufacturers enjoyed a recovery in output and new orders last month, according to a survey that will raise hopes the sector is finally shrugging off its recession.
Fresh signs the UK economy is losing steam amid a global slowdown will force the Bank of England to keep interest rates at their record low this week.
Worries about a global downturn have knocked consumer confidence with retail sales losing momentum over recent weeks, according to the latest reports signalling a slowdown in the UK economy.
The Federal Reserve on Wednesday kept interest rates unchanged at their record low of near-zero, but raised the likelihood of a rate hike in December by dropping previous warnings about the fragility of the global economy.
The U.K. economy grew less than expected in the third quarter, according to preliminary estimates from the Office of National Statistics (ONS).
China’s premier has said the country’s target for economic growth is not set in stone as the leadership in Beijing prepare to meet and prioritise economic and social goals for the next five years.
Grading the U.S. economy, the rosiest scores from two billionaires on CNBC would average about a 68, equal to a D+ on a report card.
China and the UK have signed almost £40bn of deals that David Cameron said would create thousands of jobs and make Britain Beijing’s partner of choice.
China is on the road to recovery. Or maybe it isn’t, at least not for some time, say the contradictory reports on the world’s second-largest economy.