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Investments News

Rise in manufacturing output slows

Industrial output was flat in July, according to the ONS

The recent good news for the UK economy has been halted after a big increase in the trade deficit and falls in the growth of industrial and manufacturing output.

NIESR estimates UK economic growth accelerating

NIESR estimates the UK economy grew by 0.9% in the last three months

The latest estimate of UK economic growth from National Institute of Economic and Social Research suggests the economy grew by 0.9 per cent in the three months ending in August.

OECD predicts UK economy to grow faster than European rivals

The OECD has raised its forecast for UK economic growth

The Organisation for Economic Co-operation and Development (OECD) expects the UK economy to grow by 1.5 per cent but that overall global growth will be held back by emerging economies.

High-street sales are above average for first time in 32 months

The British high-street is performing well, says the CBI

Retail sales grew very strongly in the year leading up to August, according to the CBI's latest quarterly Distributive Trades Survey

UK economic output now just 3.2% behind 2008 peak

UK economic growth for the third quarter has been revised up to 0.7%

The Office for National Statistics (ONS) has announced that the economy grew by more than originally stated in the second quarter of 2013, by 0.7 per cent rather than 0.6 per cent.

Manufacturing output growth reaches two-year high, says CBI

Manufacturing output is at a two-year high, says the CBI

The CBI reports that manufacturing output growth is at a two-year high with order growth likely to accelerate in the next few months.

City bonuses deferred until April 2013 to lower 45p tax rate

City workers have deferred bonuses until April 2013 to take advantage of lower income tax

Official figures show that there was a steep rise in the number of City bankers deferring bonuses until April 2013 to take advantage of the reduction in income tax for higher earners.

CBI raises UK growth forecast

The CBI has raised its growth forecast for the UK

The CBI has upgraded its prediction for UK economic growth for this year and next after positive economic data of the past few months. It now expects the economy to grow by 1.2 and 2.3 per cent respectively.

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