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.
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.
Cases of fraud involving current accounts have soared in the UK in the first quarter of 2012, new analysis has revealed.
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.
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.
Many Brits are altering their holiday plans this summer in order to be in the UK for the Olympic Games, research has found.
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.
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.
Prime Minister David Cameron has urged the world’s central banks to protect the global economy from the ongoing crisis in the eurozone.
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.