Sunday, 3 April 2011

Economics

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

ECONOMICS NEWS

The US recovery is little more than an economic 'sugar-rush'

Guess what! America is on the mend. That’s right, the world’s biggest economy is now forging ahead, escaping its sub-prime malaise. Or maybe not.

02 Apr 2011

The Budget’s green dreams will leave us powerless

The Government's obsession with its babyish green dreamworld will force the closure of power stations, increase our electricity bills and damage vital industries, warns Christopher Booker

02 Apr 2011

US jobs data lifts hopes of recovery

Markets rose and the oil price climbed to $119 as the US economy delivered the most convincing evidence yet that the recovery is accelerating.

02 Apr 2011

Slower factory growth adds to economy fears

Britain's buoyant manufacturing sector has added to fears about slowing economic growth and rapidly accelerating inflation after recording weaker-than-expected activity in March.

01 Apr 2011

Portugal debt costs rise after bond sale

Portugal’s borrowing costs surged at an auction of €1.6bn (£1.4bn) worth of short-term bonds, as the country tries to obtain funding to avoid a bail-out.

01 Apr 2011

US jobless rate at two-year low

The US created more new jobs than expected in March, pushing the unemployment rate down to 8.8pc, its lowest in two years, and signalling a sustained recovery in the economy.

01 Apr 2011

UK economy in graphs

Numbers out from Markit today show the UK manufacturing sector is slowing down, as orders from the consumer goods sector dry up. Here is an overview of the economy in graphs:

01 Apr 2011

Irish bank shares hit after stress tests

Ireland's banks received widely different reactions to the news they need to raise another €24bn, with Bank of Ireland's shares jumping while Irish Life & Permanent suffered a 60pc slump.

01 Apr 2011

Factory growth slows: reaction

As the manufacturing PMI survey reveals that the sector's soaraway growth has slowed, economists weigh up just how worried we should be:

01 Apr 2011

Manufacturing slows more than expected

Manufacturing growth, which has been the bright spot in the UK economy in recent months, was weaker than expected in March as orders slowed and prices rose to cover input costs.

01 Apr 2011

Mortgage availability set to increase, says Bank of England

Mortgage providers expect to make more loans in the next three months, according to a Bank of England survey, offering a ray of hope to the struggling housing market.

01 Apr 2011

House prices rose 0.5pc in March

House prices increased modestly in March but the positive figures are unlikely to mark the beginning of a strong upturn for the market, Nationwide said on Thursday.

01 Apr 2011

Irish banks to raise further €24bn, but investors remain sceptical

Ireland's four main banks will have to raise €24bn (£21bn) after the country's central bank announced the results of tests designed to repair market confidence in the country's shattered financial system.

01 Apr 2011