Sunday, 12 September 2010

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

LATEST ECONOMICS NEWS

China inflation grows at fastest pace in two years

Chinese inflation rose at the fastest pace in nearly two years in August, as severe floods and hot weather destroyed crops, driving up food prices.

11 Sep 2010

UK producer price inflation slows to six-month low

Factory gate price figures ease UK inflation fears, raising expectations that the Bank of England will continue to hold interest rates.

10 Sep 2010

Lloyds has more money than it can handle, say analysts

Lloyds Banking Group has far too much capital and if it were not for European Union restrictions could be returning billions of pounds to shareholders, according to analysts at UBS.

10 Sep 2010

New Basel rules split Germany's bankers

The country's top banking executives have revealed vastly differing views about what impact new capital rules for banks will have on the industry.

10 Sep 2010

UK will be fastest growing G7 country in third quarter

OECD says Britain will outpace all other G7 nations in the third quarter as it warns the global recovery is slowing faster than expected.

10 Sep 2010

Robert Chote chosen by Chancellor as chair of OBR

Robert Chote, the respected director of the Institute for Fiscal Studies, has been chosen by the Chancellor to chair the independent Office for Budget for Responsibility.

10 Sep 2010

City's casino days are over, warns EU's Barnier

The Phoney War between Brussels and Anglo-Saxon finance is at an end and life is about to change for London's financiers, traders and hedge funds.

09 Sep 2010

EU to lift the rock on abusive high finance

Brussels will use sweeping new powers to end speculation and impose order on the City and other EU bourses, warns Michel Barnier.

09 Sep 2010

An independent voice

Telegraph View: The new chairman of the Office for Budget Responsibility is his own man.

09 Sep 2010

Computers give US exports surprise lift

America managed to export more computers and aircraft over the summer, a welcome surprise for President Obama.

09 Sep 2010

Extra £4 billion slashed from welfare payments

George Osborne says he will go further than previously announced in trying to bring down the cost of social security.

09 Sep 2010

The era of economic illusion is over

Forecasters may disagree with each other, but some harsh truths are unavoidable, says Jeff Randall

09 Sep 2010

IFS's Chote to lead OBR

The UK's goods trade deficit widened to a record in July after purchases of oil and chemicals drove imports to a two year high, ONS said.

09 Sep 2010