Economics
The latest news, analysis and comment on the UK and global economy.
ECONOMICS NEWS
Record manufacturing data lifts Britain's recovery hopes
UK manufacturing growth hit a 16-year high in December as the weak pound drove exports, providing fresh hope that Coalition plans for a rebalancing of the economy are paying off.
MORE ECONOMICS NEWS
Inflation set for new high as pay slumps
Inflation is now running at three times the rate of public and private sector pay increases exposing an increasing real-terms pay slump which is threatening to derail the recovery.
08 Jan 2011
Dambisa Moyo: in quotes
The Goldman Sachs employee-cum-author made waves with her first book. Here are some memorable quotes said, and said about, the economist.
08 Jan 2011
Bold reform needed if capitalism's heart to beat more strongly
Paul Tucker, one of the Bank of England's two Deputy Governors, is fond of the pithy sound bite. He has an ear for it that his colleagues probably envy. But it was one of his less sonerous observations that struck me most in 2010.
08 Jan 2011
Dambisa Moyo: US could 'be a socialist nation'
Economist Dambisa Moyo predicts in her new book that the West's economic dominance will collapse unless some very difficult choices are made.
08 Jan 2011
Ben Bernanke grows more confident in US recovery
The US economy may finally be hitting its stride even if growth remains too weak to put a real dent in the nation's jobless rate, Federal Reserve Chairman Ben Bernanke said on Friday.
08 Jan 2011
Debt crisis: 'US and Japan are next'
Eurozone fears will spread around the world to engulf the US and Japan, former Bank of England policy maker Willem Buiter has warned.
08 Jan 2011
ECB forced to step in to calm Portugal fears
The European Central Bank was forced to step in as market fears grew over Portugal's ability to solve its debt crisis, as the country's cost of borrowing rose to post-euro record highs.
07 Jan 2011
US jobs data hand investors reality check
The US economy created fewer jobs than forecast last month, disappointing investors who in recent weeks have seen signs that the recovery is strengthening.
07 Jan 2011
Eurozone growth slows sharply: what the economists say
Eurozone economic growth slowed more than expected in the third quarter against the previous three months, revised data from the European Union's statistics office Eurostat showed on Friday.
07 Jan 2011
Imbalances between East and West will grow and grow
Like climate change, it may not be practical to eradicate the causes of global imbalances, so we must seek to limit the phenomenon's potential for damage instead.
07 Jan 2011
Cameron's business plan isn't good enough
Red tape and equality legislation are key obstacles to an enterprise economy, writes David Young.
07 Jan 2011
Will George Osborne become Britain's biggest hate figure in 2011?
Another year of dreary recovery will be too hard to bear without someone to blame. Tracy Corrigan gives her predictions for 2011.
06 Jan 2011
UK recovery threatened by weak services sector
Britain's dominant services sector suffered its first contraction in 20 months in December, sparking concerns about the resilience of the economic recovery.
06 Jan 2011
British businesses' profitability hits 18-month high
British businesses' profitability hit an 18-month high in the third quarter of 2010, official figures showed, raising hopes about the private sector's ability to drive the recovery through investment.
06 Jan 2011
US optimism given extra lift by jobs data
Improving sentiment towards the US economy was given another shot in the arm, by signs that the country's struggling jobs market is improving.
05 Jan 2011
Inflation flies up, up and away
Thanks to the rise of the developing world, things won't be getting better any time soon, says Jeremy Warner.
05 Jan 2011
Brazil pledges to stop US 'melting the dollar'
Brazil has sounded a new note of warning in the international "currency war" by pledging not to allow the United States to "melt the dollar".
05 Jan 2011
Weather pushes construction into contraction
Britain's construction activity shrank in December as the snow disrupted business, ending nine months of growth and disappointing hopes the sector could stay in recovery mode.
05 Jan 2011
Portugal's borrowing costs jump on deficit fears
Portugal's six-month borrowing costs soared when it became the first of the high-deficit eurozone nations to sell new bonds today.
05 Jan 2011
Two-way eurozone split could solve debt crisis
Roger Bootle on why Germany should lead a 'likely' euro break-up.
05 Jan 2011
Global food prices hit record high, says UN
Global food prices have surpassed 2008 highs when shortages led to riots in a number of countries, the UN reported on Wednesday.
05 Jan 2011
Fears for growth over $100-plus oil as speculators pile in
Experts have warned that a high oil price could derail the global economic recovery, as the number of market speculators betting on rising crude jumped to a four-year high.
05 Jan 2011
House prices to fall despite rise in mortgage approvals
House prices will continue to fall despite a slight pick up in the number of mortgages being approved, economists have warned.
05 Jan 2011
Shares fly high as data boosts recovery hopes
Stock markets got the new year off to a flying start as the FTSE 100 broke through the symbolic 6,000 barrier, driven by upbeat economic data and bid talk.
05 Jan 2011
HSBC sees China and US leading megaboom
In a sweeping report entitled "The World in 2050", the bank predicts the greatest global boom of all time over the next forty years as the rising powers of Asia, the Middle East, and Latin America get into full stride.
05 Jan 2011
Banks must sign up to bonus pact
Government demands lending and pay targets as RBS chief Stephen Hester
is set for a £6.82m payday.
Inflation set for new high
Inflation is running at three times the rate of pay increases, threatening to
derail recovery.
Dambisa Moyo: US could become socialist nation
The economist predicts the West's economic
dominance will collapse without difficult decisions.
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