The economy will bounce back to its pre-recession peak next year - driven by a debt-fuelled boom, a report out today warns. The British Chambers of Commerce have revised growth forecasts for 2013 from 1.3% to 1.4%, and up sharply next year from 2.2% to ...
The bank agrees to pay $100m in the US after an investigation into alleged illegal transactions with Iran, Sudan, Burma and Cuba. 11:40pm UK, Wednesday 11 December 2013.
UK consumers enjoy cheaper communications services than those in other major European countries and the US, according to an Ofcom study.
A Bank of England rate-setter yesterday said that Threadneedle Street's flagship forward guidance policy was likely to have had little impact on the economy and appeared to clash with Governor Mark Carney over the timing of possible rate rises.
MPs are demanding action after �13.2bn was written off the government balance sheet in 2011-12 due to fraud, financial error and legal claims.