Economics
-
GDP estimate for third quarter cut from 0.5% to 0.4% after sharp slowdown in services, meaning UK chancellor is unlikely to hit growth forecasts
-
Analysts believe growth figures of 0.4% mean no interest rate rise until well into 2016
-
Analysis George Osborne's economic year ends with a bump
Phillip Inman Economics correspondentWith the ONS cutting the UK growth rate and government borrowing now much higher than forecast the chancellor’s star appears to be waning -
Both third quarter and second quarter figures revised down by Office for National Statistics
-
Budget deficit 10% higher last month than in November 2014 – although one-off factors such as £1.1bn in bank fines played a part
-
UK public sector borrowing rises 10% in November to £14.2bn, putting pressure on chancellor’s full year target
-
The Tories’ failed model and stagnant economy has encouraged an unsustainable rise in household debt. Labour needs to come up with a viable alternative
-
Finance minister says the budget marks the first step towards Japan’s fiscal plan as it aims for economic revival and a reduction in its debt burden
-
My hero in 2015? The man with the plan to beat the cuts
Aditya ChakraborttyFew will have heard of local union leader John Burgess, but he is now confronting the nightmare we will all face -
-
CBI survey shows employers plan to keep hiring staff but will limit pay rises because of the new national living wage and apprenticeship levy
-
-
Bank admits wrongdoing, an unusual move in such cases, for charges of failing to disclose conflicts of interest when promoting investments to wealthy clients
-
Kiev’s rejection of payment proposal could hinder Ukrainian efforts to restructure country’s growing debt with international creditors
-
Latest ONS survey covers 2012-14 and highlights gulf between country’s richest and poorest groups
-
Analysis The Federal Reserve has raised rates too soon
David BlanchflowerThere is a 50/50 probability that this hike will have to be reversed and the worry is that this might mean rates going negative
-
Historically low interest rates over the past seven years have fueled tech investments, but now investors may be spending their money more cautiously
-
Number-crunching of UK product sales shows seasonal items including Christmas decorations, poultry and winter knits are losing appeal
-
Markets rally in Asia and Europe, the dollar strengthens, and commodities fall, after the first US interest rate hike in almost a decade
-
Christine Lagarde accused of negligence over €400m payout to businessman Bernard Tapie, who supported Nicolas Sarkozy in 2007 presidential race
-
-
Economics blog Retail sales surge poses interest rates dilemma for Bank of England
Phillip Inman Economics correspondent
Topics
- US economy
- Economic policy
- Economic growth (GDP)
- Retail industry
- Stock markets
- George Osborne
- Federal Reserve
- US Interest rates
- US economic growth and recession
- Economic recovery
- Europe
- Global economy
- Janet Yellen
- Oil
- Office for National Statistics
- Commodities
- Interest rates
- Government borrowing
- Budget deficit
- Spain
Business live Santa Rally drives London stock market to three-week high - as it happened