Business News Articles

Bank of England – No change to interest rates
According to the minutes of a meeting earlier this month, Bank of England policy makers were divided on the issue, reaching a three way split. Seven of the Monetary Police Committee (MPC) members voted for no changes to the interest rate and no additional stimulus spending. Adam Posen voted in favour of £50bn of extra quantitative easing (QE), the bank's main stimulus measure, whilst Andrew... more

The Royal Wedding - Economic forecast
With the announcement of Prince William's wedding for next year,speculation abounds over just how big an impact it will have on the still struggling British economy, with one particular forecast around 620 billion pounds. Bosses within the tourism industry remain hopeful that foreign interest will generate additional revenue in landmarks outside of London, which have ties to the royals. In additi... more

Live WebTVshow - 3pm thursday 18th Nov - How to turn your business dream in to a reality
Watch live at 15:00 GMT Thursday November 18th... more

UK Unemployment figures see unexpected fall
Office for National Statistics announce a drop of 3,700 job seekers... more

Ireland not accepting EU rescue package yet!
Irish bail-out uncertainty causes market bail out... more

UK inflation rises to 3.2 per cent in October
Unexpected rise in inflation but under control... more

SMEs expose truth about Bank Lending
One in three still unable to access new finance... more

SMEs fear pitfalls of flexible working
Just under half of small businesses are concerned that a fragmented team will yield negative results in terms of morale and teamwork, according to recent research conducted by Virgin media Business. Approximately 14% of the 5000 small businesses partaking in the survey were able to offer their staff flexible working solutions, with the expense cited as a prominent factor. The data shows that ap... more

Home repossessions fall 5%
The number of homes repossessed in the UK declined by 5% in the last quarter, according to the Council of Mortgage Lenders (CML). Lenders seized 8,900 homes in the three months to October - the fourth quarter in succession that these have declined. The CML's figures showed that 176,100 mortgages had arrears of 2.5% or more of the outstanding balance - down slightly from 178,200 three months... more

Inflation to ‘remain high’
The Bank of England has said that inflation will stay high next year and the economy is likely to remain weak. The Bank's quarterly inflation outlook blamed a combination of the rising price of raw materials, higher energy bills and the increase in VAT scheduled for January next year. "The new Inflation Report, and subsequent comments by the Bank Governor, suggests that the MPC is expecting ... more