Personal Finance
Data confirms UK fell into recession last year
The UK economy fell into recession in the second half of last year, according to final figures released on Thursday by the Office for National Statistics.
UK grocery inflation falls to 4.5% but shoppers still struggling - Kantar
Almost a quarter of UK households see themselves as struggling financially despite a 4. 5% fall in grocery price inflation, according to survey data published on Tuesday.
Manufacturers optimistic despite slide in output - CBI
British manufacturers expect conditions to pick up in the coming months, a closely-watched survey showed on Friday, despite reporting another slide in output volumes.
Expectations for a rate cut this year 'not unreasonable' - Bailey
Expectations of interest rate cuts this year are "not unreasonable", the governor of the Bank of England has said.
UK retail sales flat in February but ahead of expectations
UK retail sales were flat in February as wet weather dented spending in stores, according to figures released on Friday by the Office for National Statistics.
UK consumer confidence stalls - GfK
UK consumer confidence stalled in March, a long-running survey showed on Friday.
Bank of England leaves rates unchanged at 5.25%
The Bank of England left interest rates on hold on Thursday, as widely expected.
Turkish central bank lifts interest rates to 50%
The Turkish central bank announced on Thursday that it was lifting its policy rate to 50% from 45% in a surprise move.
Swiss National Bank cuts rates in surprise move
The Swiss National Bank surprised markets on Thursday after it trimmed interest rates for the first time in nearly a decade.
'Glimmer of hope' for Eurozone economy as PMIs edge higher
Business activity across the Eurozone showed early signs of stabilising in March, according to closely-watched research published on Thursday.
UK public sector borrowing drops in February
Public-sector borrowing in the UK dropped significantly in February and was down year-on-year for the fourth straight month, according to figures released on Thursday by the Office for National Statistics.
Tube drivers announce two 24-hour strikes
London Underground drivers belonging to the Aslef union will walk out in April and May, it was announced on Wednesday.
UK house market shows further signs of stabilising
UK house prices dipped only marginally in January, official data showed on Wednesday, providing more hope that the market was stabilising.
UK inflation falls to lowest since September 2021
UK inflation eased a little more than expected in February, according to figures released on Wednesday by the Office for National Statistics, fuelling expectations of a rate this summer.
HMRC to severely cut back phone help services
HM Revenue and Customs (HMRC) is set to drastically reduce its telephone help services for several months, it was announced Tuesday.
UK lenders commit to more high street banking hubs
UK retail banks have committed to opening up more than 100 new shared banking hubs in an effort to preserve access to cash amid ongoing branch closures.
Home prices continue to fall in China
House prices continued to slide in China last month, official data showed on Friday, heaping more pressure on the country’s struggling property sector.
UK housing market becoming more positive - RICS
The UK house market continued to stabilise in February, a closely-watched survey showed on Thursday, despite prices remaining under pressure.
Eurozone industrial production unexpectedly tumbles
Industrial production fell sharply in the eurozone in January, official data showed on Wednesday, by more than expected.
UK economy returns to growth in January
The UK economy returned to growth in the first month of 2024, according to figures released on Wednesday by the Office for National Statistics.