Strong Retail Performance In May Boosts UK Economy
The British economy received a boost last month, as it has been revealed that retail sales bounced back in May after a poor performance the previous month.
Huge Drop In Household Incomes In 2011
Average incomes fell significantly last year as the effects of the global recession finally began to be felt, research by a leading think tank has found.
Bank Account Fraud At Highest Level For Three Years
Cases of fraud involving current accounts have soared in the UK in the first quarter of 2012, new analysis has revealed.
Recession keeps UK youngsters Trapped in Financial Woe
New research has revealed that almost half of young Britons believe that the economic crisis has made it impossible to for them to save money and ‘grow up’ effectively.
Government Unveils Banking Reform Proposals
The government has announced plans for a shake-up of the banking sector, in response to the global recession, in its banking reforms White Paper.
Brits Changing Holiday Plans To Be At Home For Olympics
Many Brits are altering their holiday plans this summer in order to be in the UK for the Olympic Games, research has found.
Consumers Expect Inflation To Rise This Year
British consumers are expecting inflation to increase at a faster rate in the coming year than three months ago, a survey by the Bank of England has revealed.
Cash Use Up As Consumers Try To Curb Credit Card Debt
Consumers in the UK are using cash to pay for things, rather than a credit or debit card, in a bid to curb their spending as the double dip recession continues to bite.
Cameron Calls For More Action From Central Banks
Prime Minister David Cameron has urged the world’s central banks to protect the global economy from the ongoing crisis in the eurozone.
Inflation Falls To Two Year Low
The rate of inflation in the UK fell to its lowest for more than two years last month, the Office for National Statistics (ONS) has revealed.