Sunday, 26 July 2009

Economics

The latest news, analysis and comment on the UK and global economy.

LATEST ECONOMICS NEWS

Quantitative easing only one week to run, economists warn

The unprecedented programme of quantitative easing could be coming to an end, with just one more week of the Bank of England buying back government bonds, economists warned.

25 Jul 2009

UK government plans £16bn asset sale

The board of the Shareholder Executive, which is responsible for managing the Government's investments in property and businesses, is to be strengthened by the appointment of Gerry Grimstone and Lord Carter of Coles.

25 Jul 2009

Huge gilts row barely registers as the UK sleepwalks into stagnation

The political classes obsess over the Norwich North by-election and Labour's slow-motion hara-kiri under Gordon Brown. But the news that really matters – the economic news – keeps flowing thick and fast. And it's far from reassuring.

25 Jul 2009

America's QE exit strategy will have a global impact

Last week, Federal Reserve chairman Ben Bernanke spent two days testifying before Congress. He sketched out the Fed's "exit strategy" from quantitative easing, given growing fears among holders of US government debt.

25 Jul 2009

10 ways recession is changing UK

Unemployment is rising, sterling's on the backfoot and Woolworths has gone bust. But how else is the recession changing Britain?

24 Jul 2009

UK's hopes of a quick recovery dashed

UK GDP: quarterly growth

New figures show that the economy contracted more than feared last quarter, as the recession keeps its grip.

24 Jul 2009