Close Topic Options

UK Economy - Page 4

UK economy in double-dip recession

The UK economy shrank by 0.2% in the first three months of 2012, the Office for National Statistics says, entering a double-dip recession. Ref. BBC

Economy UK

UK banks sitting on £40bn of undeclared losses:

Britain's banks are sitting on a £40bn black hole of undeclared losses that are preventing them from making vital loans to businesses and households. Ref. Source 3

UK Economy History & Civil Business Politics

Recession in UK economy deepens

The UK recession has deepened, latest official figures show, after the output of the economy fell by 0.7% between April and June. Ref. BBC

Page 4 Economy UK

UK could lose prized AAA debt rating, Fitch warns:

Britain is edging closer to losing its gold-plated sovereign credit rating due weak growth and ballooning government borrowing, ratings agency Fitch has warned. Ref. Source 4

Economy UK

UK: Workers are £1,600 a year poorer because of state of economy, study finds:

Workers are on average £1,600 worse off each year than three years ago because the "Dire" state of the economy has pushed down wages, according to a new study. Ref. Source 6

UK Economy

UK: Almost 1.2m low paid people could see benefits reduced under new government scheme:

Under the shake-up, the low paid will have to show that they are unable to push up their wages any further by finding better paid work, increasing their hours or taking on an extra job Ref. Source 5

UK Economy - Page 4

UK economy returns to growth

The UK economy exits recession after growing by 1.0% between July and September, the ONS says. Ref. BBC

UK Economy Politics Business Civil & History - Page 4

Shock jump in UK inflation to 2.7pc:

UK inflation jumped to a surprise five-month high of 2.7pc in October as higher university tuition fees and food costs pushed up the cost of living for British households. Ref. Source 2