News tagged with “uk economy”. Found:
31 tagged news reports.
Your Search Returned 31 tagged news reports
Darling's dilemma
London :: United Kingdom | 2 days ago
Credibility
He could cut spending, but the cuts would have to be enormous. The equivalent of one year�s education budget or 3/4 of the entire health budget. He could raise taxes but he would have to almost double the basic rate of income tax to make up the 87.5 billion...
Tags: Britain, budget deficit, budget report, uk economy, Moody's Investors Services, Alistair Darling, United Kingdom, London, Business Finance, Politics, Deficit, Government debt, Public finance, Pre-Budget Report, Debt, Credit, Late 2000s recession in Europe, Financial crisis of 2007￢ﾀﾓ2009, Government budgets, Economy of the United Kingdom, Financial crises, Trotskyists, Stock market crashes, Bonds, Scrappage program, Credit rating agencies, George Osborne, Credit rating agency, Moody's, Supply-side economics, United States federal budget
Globetrotting puts 'official' figures into perspective
London :: United Kingdom | 18 days ago
Credibility I have been to Brazil, China, twice, once on a very long trip, Hong Kong, Singapore, Turkey and to many places in Europe. One constant surprise for me is the emotional state of the discussions I encounter about the health of the UK economy. To a large...
Tags: China, OECD FCI, financial conditions, uk economy, United Kingdom, London, Euro, Gross Domestic Product, Economy of the United Kingdom, Economic growth
Decision due on economic stimulus
London :: United Kingdom | about 1 month ago
Credibility They have spent £175bn on quantitative easing, which involves printing money to buy assets from banks and other companies to stimulate the economy. The decision is due alongside their latest decision on interest rates. The cost of borrowing is expected...
Tags: The Bank of England, quantitative easing, monetary policy, policy committee, uk services, uk economy, services sector, Britain, services firms
Recession-hit Birmingham sends business delegation to India
Birmingham :: United Kingdom | about 1 month ago
Credibility A large business delegation is preparing to fly out to India this week from the British city of Birmingham - the centre of a once-thriving industrial belt that has been brought to its knees by Britain's longest-ever recession. The delegation of 50 business...
Tags: Birmingham Post, uk economy
UK growth falls less than thought
London :: United Kingdom | 2 months ago
Credibility Gross domestic product (GDP) has been revised to a fall of 0.6% compared with the last quarter, up from the previous estimate of 0.7%. The figures were revised upwards last month, from a 0.8% decline, according to the Office for National Statistics. Many...
Tags: domestic product, economy shrank, Office for National Statistics, gross domestic, uk economy, Getty Britain, previous estimate, Bank of England, earlier estimate, United Kingdom, London
Bank of England grows nervous about recovery
London :: United Kingdom | 2 months ago
Credibility A leading Bank of England policy-maker yesterday poured fresh doubt on the strength and sustainability of a British economic recovery, and added to expectations that monetary policy would be kept extremely loose well into next year, even as evidence grows...
Tags: Bank of England, Mr King, uk economy, Mervyn King, governor mervyn, Bank's Monetary Policy Committee, United Kingdom, London
Stock market reverses early losses, plods higher
London :: United Kingdom | 3 months ago
Credibility The stock market's rally plodded along Thursday, sustained by gains in financial and industrial shares. Major indexes overcame early losses and finished slightly higher, including the Dow Jones industrial average, which added 37 points to set a fresh...
Tags: oil prices, stock futures, futures gain, economy shrank, European, New York Mercantile Exchange, prices edged, domestic production, uk economy, gross domestic
Bank of England accelerates asset buying
London :: United Kingdom | 4 months ago
Credibility The Bank of England kept its commercial bank lending rate at 0.5 percent Thursday, but said it would increase its asset purchasing plan to $294 billion. The bank added $84 billion to the program, "though there have been increasing signs that output in...
Tags: The Bank of England, billions pounds, central bank, Britain, quantitative easing, assets purchases, uk economy, commercial bank, record low
UK economy shrinks much than expected
London :: United Kingdom | 4 months ago
Credibility The Office for National Statistics said GDP fell by 0.8 per cent on the quarter, taking the annual decline to 5.6 per cent. Analysts had forecast a quarterly decline of just 0.3 per cent after a hefty 2.4 per cent drop in the first quarter. The figures...
Tags: uk economy, Britain, economy shrank, Office for National Statistics, domestic product, economy shrinks, economy continues, ons records, annual declines, biggest annual
Bank of England weighs further money infusion
London :: United Kingdom | 4 months ago
Credibility The Bank of England's rate-setting body was unanimous when it voted to keep its key interest rate at a record low of 0.5 percent and said it would assess whether it needed another 25 billion pounds to pump into the economy next month, minutes to the July...
Tags: Bank of England, quantitative easing, Britain, billion pounds, uk economy, meeting showed
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