Sunday, 7 February 2010

Economics

The latest news, analysis and comment

on the UK and global economy.


LATEST ECONOMICS NEWS

European markets fall as ERM echoes intensify

European shares endure their worst week in almost a year as investors speculate whether Eurozone countries will tow the line.

05 Feb 2010

UK in line for blistering economic recovery, OECD suggests

Britain may be in line for its most blistering economic recovery in almost 40 years, at least according to an authoritative measure from the Organisation for Economic Co-operation and Development.

05 Feb 2010

Bank calls time on quantitative easing

The era of extraordinary monetary policy is over, writes Edmund Conway.

05 Feb 2010

Bank of England ends quantitative easing as recession ends

The Bank of England has stopped pumping emergency money into the economy as Britain emerges from recession.

05 Feb 2010


ECB holds rates, gives cautious back to Greek deficit plan

The European Central Bank kept its main interest rate unchanged at the record low of 1pc for the ninth month and gave its cautious backing to the Greek government's attempt to get a grip on its borrowing.

04 Feb 2010

Bank of England pauses printing-money policy

Bank pauses its radical policy of injecting money into the economy after UK emerges from recession.

04 Feb 2010

New car sales rise for seventh month

New car sales increased by almost a third in January to 145,500 compared with the same month last year, despite the disruption caused by the heavy snow and VAT rise.

04 Feb 2010

Lenders set to raise SVRs

Many lenders are set to increase standard variable rates (SVRs).

04 Feb 2010

US credit rating at risk, Moody's warns

The United States’ top credit rating could be at risk should its nascent economic revival not develop into a full-blown recovery, Moody’s Investor Service has warned.

04 Feb 2010

Bank expected to pause emergency money printing

BoE's Monetary Policy Committee is expected to signal a shift in policy today as it stops pumping emergency money into the economy.

04 Feb 2010


Bank of England ends quantitative easing as recession ends

The Bank of England has stopped pumping emergency money into the economy as Britain emerges from recession.

05 Feb 2010

US jobs report 'disappointing in virtually all respects'

Concerns about the fragility of the US economic revival returned after an increase in the number of Americans claiming unemployment benefits for the first time.

04 Feb 2010

Fears of 'Lehman-style' tsunami as crisis hits Spain

The Greek debt crisis has spread to Spain and Portugal as markets test whether Europe will shore up monetary union.

04 Feb 2010

Whoops! Author John Lanchester's take on the credit crunch

Award winning author John Lanchester has won rave reviews for his latest book Whoops! Why everyone owes everyone and no one can pay. He tells Robert Miller why the UK is in a bad place financially.

04 Feb 2010


Liam Halligan

Liam Halligan's column tackles head on the key issues facing the British and global economy.

LATEST FROM LIAM HALLIGAN

If Volcker falters then the UK must lead reform

'I'm not so naïve as to think that all potential conflicts can or should be expunged from banking or other business," observed Paul Volcker last week. "But neither am I so naïve as to think that, even with the best efforts of boards and management, so-called Chinese walls can remain impermeable against the pressures to seek maximum profit and personal remuneration."

06 Feb 2010

Wrong time for Tories to start wobbling over spending cuts

The Western world's sovereign debt crisis can no longer be denied. The cracks are now showing and soon the dam could burst. Europe's public sector incontinence has reached – literally – epic proportions. Greece has outlined plans to reduce its deficit over two years, but few believe the numbers. Portugal's opposition parties have rejected austerity, passing bill allowing the country's regions to rack up even more debt. Spain's budgetary shortfalls are also under serious market scrutiny.

06 Feb 2010