Sunday, 4 July 2010


LATEST ECONOMICS NEWS

Goldman warns on global economic slowdown

Fresh fears over a global economic slowdown were raised after Goldman Sachs' chief economist warned that data from China and the US revealed any recovery faces a "challenging period".

03 Jul 2010

EU pensions rules will cost Britain £500bn

Radical proposals from the European Union could force British companies to inject a further £500bn into their final salary pension schemes, according to the CBI.

03 Jul 2010

UK must avoid a 'lost generation' of jobless

The Government and business world will be urged on Monday to do more to tackle youth unemployment to avoid the damaging effects of a "lost generation" of jobless.

03 Jul 2010

Cameron bets future on India's meteoric rise

The Coalition's Cabinet-led trade delegation to the sub-continent underlines the country's importance.

03 Jul 2010

New special relationship aims to silence the echoes of the Raj

According to the diplomat and writer Pavan K Varma, India, more than 60 years after its independence from Britain, remains a conquered country of minds still colonised by their former ruler.

03 Jul 2010

UK doesn't need to introduce austerity so quickly

Pimco, the world's largest bond house, said the Coalition's decision to begin the process of fiscal tightening immediately was unnecessary.

02 Jul 2010

Double-dip fears as US recovery falters

The FTSE 100 ends the week 4pc lower as concern over the strength of the global recovery deepens.

02 Jul 2010

Obama: economy going in right direction but too slowly

US President upbeat after economy loses jobs for first time since December but mixed report leaves stock markets undecided.

02 Jul 2010

British households face second credit crisis

Households must brace themselves for a return of the credit squeeze, with mortgages far harder to procure, new Bank of England research shows.

02 Jul 2010

Spectre of an economic relapse stalks markets

Fears of an economic relapse across the world have begun to stalk markets as data weakens.

01 Jul 2010

Sack the England coach. But don't play with our cash

The last thing English football needs is intervention from the state, arguesJeff Randall.

01 Jul 2010

Dollar under pressure as traders eye double-dip

The dollar is tipping over the edge as the world's largest economy teeters on the brink of a double-dip, traders declare.

01 Jul 2010

UK manufacturers' export orders hit by eurozone crisis

The rebound in British manufacturing has hit headwinds with new export orders falling sharply last month, hurt by the deepening eurozone debt crisis.

01 Jul 2010


Middle class families face a triple whammy

Falling pensions, cuts and the banking crisis will impoverish many families, says Edmund Conway.

01 Jul 2010

UK business investment jumps most since 1987 in first quarter

Investment by UK businesses increased at the fastest pace in more than 20 years in the first quarter of 2010, boosted by the services and construction sectors.

01 Jul 2010

BoE's Posen plays down fear of 'inflationary spiral'

Adam Posen, a member of the MPC, has indicated he is in no rush to vote for a rise in interest rates.

30 Jun 2010

Will the world suffer a double-dip recession? Only if we talk ourselves into it

The prophets of doom are out again in force. Over the past week, "double dippery", or extreme negative market and economic sentiment, has once more taken centre stage.

30 Jun 2010

Liam Fox: British troops will be last to leave Afghanistan

British troops will be among the last international forces to leave Afghanistan, Liam Fox has said, playing down hopes of an early withdrawal.

30 Jun 2010

Ireland finally emerges from recession

Ireland finally emerged from recession in the first quarter of 2010, official data showed on Wednesday.

30 Jun 2010

UK housing market stalls

British house prices edged up just 0.1pc in June, raising fears that the property market recovery is stalling and a "double-dip" recession looms.

30 Jun 2010

Fewer Britons retiring to a 'place in the sun', IPPR says

Fewer people are choosing to retire to a “place in the sun” because of the economic downturn, according to leading think-tank Institute for Public Policy Research.

30 Jun 2010

1.3m people to lose jobs in 'Austerity Budget'

Over a million people will lose their jobs due to spending cuts over the next five years, a leaked document projects.

30 Jun 2010

Businesses vent anger over decision to scrap the Infrastructure Planning Commission

Business groups have expressed dismay over the Government's decision to scrap the independent Infrastructure Planning Commission (IPC), which was introduced by Labour to take planning decisions out of ministers' hands.

30 Jun 2010

Warning signals of a double-dip recession flash across the world

Global bond markets are flashing warning signals of a sharp slowdown in growth across the world and a possible slide toward a double-dip recession and outright deflation.

29 Jun 2010